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Welcome to easy one-floor living in one of East Lyme's most established neighborhoods. Built and lovingly maintained by the original owners for over 60 years, this solid brick ranch offers timeless charm, thoughtful updates, and a location that's hard to beat. Situated on a large . 46-acre corner lot across from Cedar Ridge Golf Course, this well-cared-for home is conveniently located near charming downtown Niantic, shopping, dining, shoreline amenities, and East Lyme's beautiful public beaches. Inside, you'll find 3 bedrooms, 1 full bath, and original hardwood floors throughout in great condition. The spacious living room features a cozy fireplace, while major improvements including central air, approximately 2-year-old furnace and 3-year-old oil tank, portable generator with hook up, 15 year old roof and septic system was replaced approximately 15 years ago providing peace of mind for years to come. The walk-out basement offers excellent storage, workshop space, or future finishing potential. A rare opportunity to own a lovingly cared-for home in East Lyme, one of the most sought-after shoreline communities.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Hardwood Floor | Main |
| Bedroom 2 | Main | |
| Dining Room | Built-In Hutch,Hardwood Floor | Main |
| Living Room | Bay/Bow Window,Fireplace,Hardwood Floor | Main |
| Primary Bedroom | Hardwood Floor | Main |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$385,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $308,000 | $308,000 | $308,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $424 | $424 | $424 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,773 | $1,972 | $2,558 |
| Total Monthly Payment | $2,272 | $2,471 | $3,057 |
* 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.