Pierson Farm is a captivating property along the Connecticut Shoreline. It was once the home of the Rev. Abraham Piersion, son of the first president of Yale University. Dating to 1755, this classic New England cape with wood-shake roof blends 18th-century charm with 21st-century comfort. Inside the museum-quality house, you'll find a formal parlor with a working fireplace and original paneling, a dining room with working fireplace and corner cupboard, and a paneled keeping room boasting a working Rumford fireplace with its original cooking crane and beehive oven. Floors are antique, including original chestnut floors in the keeping room. The first floor full bath showcases antique cabinetry from a colonial buttery. Many window pains are original glass, including the transom over the original front door with original hardware. Upstairs are three cottage bedrooms and a full bath featuring original timbers, sloping ceilings , and lovely views. Almost 5 acres in size, the property includes a 3 bay garage with loft, an antique barn, and a wash house or potting shed. English cottage gardens, stone walls, mature plantings, fire pit, hand dug well for gardening, and a pond create a sanctuary. Updates include a new furnace, central air, a new kitchen with top-of-the line appliances, and first floor W/D. The interior is professionally painted in Farrow & Ball. Pierson Farm is 10 min. to I-95, Amtrack which will get you to NYC and Boston in 2 hours. This exceptional property is a unique blend of history and charm and a rare opportunity to own a piece of Connecticut's rich heritage.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Vaulted Ceiling,Beams,Wide Board Floor | 13.6X13 | Upper |
Bedroom 2 | Vaulted Ceiling,Beams,Wide Board Floor | 13.9X13 | Upper |
Dining Room | Fireplace,Wide Board Floor | 12X8.9 | Main |
Family Room | Fireplace,Wide Board Floor | 17X11.11 | Main |
Formal Dining Room | Built-In Hutch,Fireplace,Wide Board Floor | 15.2X15 | Main |
Kitchen | Remodeled,Quartz Counters | 12X6.6 | Main |
Living Room | Book Shelves,Fireplace,Wide Board Floor | 15.8X15.3 | Main |
Loft | Book Shelves,Built-Ins,Wide Board Floor | 12X20 | Upper |
Primary Bedroom | Vaulted Ceiling,Beams,Wide Board Floor | 16X15.8 | Upper |
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $648,000 | $648,000 | $648,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $624 | $624 | $624 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,885 | $4,203 | $5,645 |
Total Monthly Payment | $4,601 | $4,919 | $6,361 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.