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Presented by![]() The Bill Heenan Team |
Charming Colonial with Spacious Detached Garage! Located on Route 161 in East Lyme, this 3 bedroom, 2 bathroom Colonial offers a layout that breaks from tradition. This home features a bright open custom designed kitchen, dining area, living room, cute family room, and two bedrooms on the main floor, along with a separate laundry room! Upstairs you will find a large primary bedroom suite with a walk in closet and a primary bath with radiant floor heating and a whirlpool tub. Central air with two condensers and a multi zoned propane boiler. The impressive detached two-car garage features plumbing, electricity, and high ceilings with space for a lift, along with an unfinished second-story area. Just a short walk to Cedar Ridge Golf Course and only a mile from East Lyme Highschool! We are always here to help!
Type | Description | Dimensions | Level |
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Bedroom 1 | Wall/Wall Carpet | 11.0 x 13.0 | Main |
Bedroom 2 | Laminate Floor | 10.0 x 19.0 | Main |
Family Room | 10.0 x 12.0 | Main | |
Kitchen | Bay/Bow Window,Dining Area,Island,Tile Floor | 19.0 x 19.0 | Main |
Living Room | Wall/Wall Carpet | 12.0 x 15.0 | Main |
Primary BR Suite | Full Bath,Walk-In Closet,Wall/Wall Carpet | 16.0 x 19.0 | Upper |
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William Raveis Real Estate
Phone: 860.460.8053
Bill.Heenan@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $399,920 | $399,920 | $399,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $544 | $544 | $544 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,627 | $3,348 |
Total Monthly Payment | $3,147 | $3,246 | $3,967 |
* 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.