|
Presented by
Rose McWaid |
31 Old Colony Road, Old Lyme (Old Colony Beach), CT, 06371 | $639,000
Just in time for beach season -this refreshed, nostalgic retreat captures the timeless charm of classic beach living. It's a short walk to the private sandy beach in the gated Old Colony Beach Association, and does not require flood insurance. The home features an inviting porch, plenty of interior space to gather and create memories that will last a lifetime. There are five bedrooms, including two potential primary bedrooms - one with a half-bath and one with an adjoining private room. There is a full bath, and two half baths. The adjoining one-bedroom apt provides the perfect setup for guests, or for added privacy. A newer enclosed outdoor shower room is a real treat (if you know, you know). A low-maintenance deck with awning offers a shady spot for afternoons of dining, reading, and relaxing. With parking for up to 8 cars- a rare convenience at the shore- hosting large groups is effortless. The location is ideal - on the corner of a dead-end street (just two houses) and landscaped with privacy hedges. Just steps to the beach, restaurants, ice cream shop, and the beloved carousel, this home offers the kind of place where summers linger in your memory. With sewer installation coming soon, there is the possibility for future growth potential and extended year-round living. Don't miss this opportunity to own a true getaway in on the area's most cherished, golf-cart friendly, beach communities. Owners do not have specific details on timing for the sewer project and buyers should do their own research. Conventional financing is available for seasonal properties.
Features
- Town: Old Lyme
- Rooms: 9
- Bedrooms: 6
- Baths: 2 full / 2 half
- Style: Colonial
- Year Built: 1920
- Garage: Off Street Parking,Unpaved
- Heating: Other
- Cooling: Ceiling Fans,Window Unit
- Basement: Crawl Space,Unfinished
- Above Grade Approx. Sq. Feet: 2,242
- Acreage: 0.11
- Est. Taxes: $7,266
- HOA Fee: $1,100 Annually
- Lot Desc: Corner Lot,Level Lot
- Elem. School: Per Board of Ed
- High School: Lyme-Old Lyme
- Appliances: Gas Range,Microwave,Refrigerator
- MLS#: 24176968
- Website: https://www.raveis.com
/mls/24176968/31oldcolonyroad_oldlyme_ct?source=qrflyer
Room Information
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Cathedral Ceiling,Ceiling Fan,Half Bath | Upper |
| Bedroom 2 | Ceiling Fan,Hardwood Floor | Upper |
| Bedroom 3 | Ceiling Fan,Hardwood Floor | Upper |
| Bedroom 4 | Ceiling Fan,Hardwood Floor | Upper |
| Bedroom 5 | Ceiling Fan,Tile Floor | Main |
| Eat-In Kitchen | Eating Space,Pantry,Vinyl Floor | Main |
| Family Room | Ceiling Fan,Gas Log Fireplace,Hardwood Floor | Main |
| Full Bath | Upper | |
| Full Bath | Stall Shower | Main |
| Great Room | Tile Floor | Main |
| Half Bath | Main | |
| Living Room | Ceiling Fan,Hardwood Floor | Main |
| Office | Hardwood Floor | Upper |
| Primary Bedroom | Hardwood Floor | Upper |
William Raveis Family of Services
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.
Rose McWaidLuxury Properties Specialist
860.573.0667
Rose.McWaid@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 10930
203.641.8287
Dave.Beckman@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Heidi SummaInsurance Sales Director, William Raveis Insurance
860.919.8074
Heidi.Summa@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Ray CashenPresident, William Raveis Attorney Network
203.925.4590
For homebuyers and sellers, our Attorney Network:
- Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
requirements, sets up escrows and title insurance, coordinates closing documents - Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
- Offers access to experienced closing attorneys at competitive rates
- Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies
31 Old Colony Road, Old Lyme (Old Colony Beach), CT, 06371
$639,000
Rose McWaid
Luxury Properties Specialist
William Raveis Real Estate
Phone: 860.573.0667
Rose.McWaid@Raveis.com
Dave Beckman
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $511,200 | $511,200 | $511,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $606 | $606 | $606 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,148 | $3,228 | $4,245 |
| Total Monthly Payment | $3,846 | $3,926 | $4,943 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
CT Mortgage Correspondent Lender License 15524