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Take a 3D Tour 24/7 or Enjoy a Video Walkthrough 24/7! Welcome to 8 Cranberry Lane in East Lyme - an exceptional 5-BR, 3. 5-Bath home built in 2005 on a private 1. 29-acre lot in a quiet, low-traffic cul de sac setting. Enjoy rare privacy in a convenient neighborhood setting. The location is a commuter's dream, with quick access to I-95, I-395, and Route 2. With 2, 700 SF above grade and a 1, 053 SF finished lower level, this home offers a total of 3, 753 SF of living space, plenty of options for multi-gen families. The backyard is a private retreat with a heated saltwater pool, retractable safety cover, and a secluded patio, perfect for relaxing or entertaining. Inside features include refinished hardwood floors, new carpet in the bedrooms, fresh paint, Granite Kitchen countertops, and a vaulted Family Room with Gas fireplace & surround sound wiring. The roof and windows were replaced just 3 years ago. Systems include a 200-amp electric panel, portable generator hookup, oil-fired HVAC with heat pump A/C, high-efficiency electric water heater, irrigation system, invisible dog fence, constant pressure well pump, and well water treatment system. There is an unfinished walk-up attic providing expansion capacity, an oversized 2-car garage, and is served by a private well & septic system. The Buyer can complete the lower-level wet bar replacement & update the Kitchen appliances to suit their preferences. Immediate occupancy is available! Next Step: Schedule your private showing today!
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Ceiling Fan | 12.0 x 12.5 | Upper |
Bedroom 2 | Ceiling Fan,Walk-In Closet | 12.0 x 11.5 | Upper |
Bedroom 3 | Ceiling Fan | 12.0 x 11.3 | Upper |
Bedroom 4 | Ceiling Fan | 12.5 x 13.0 | Lower |
Den | Built-Ins,Ceiling Fan,Hardwood Floor | 13.4 x 13.5 | Main |
Dining Room | Hardwood Floor | 13.3 x 14.5 | Main |
Eat-In Kitchen | Granite Counters,Island,Sliders,Hardwood Floor | 13.0 x 25.5 | Main |
Family Room | Bay/Bow Window,9 ft+ Ceilings,Cathedral Ceiling,Ceiling Fan,Gas Log Fireplace,Hardwood Floor | 19.0 x 17.1 | Main |
Full Bath | Tub w/Shower,Tile Floor | 9.0 x 9.0 | Upper |
Full Bath | Stall Shower,Tile Floor | 6.8 x 8.0 | Lower |
Half Bath | Hardwood Floor | 6.5 x 3.3 | Main |
Living Room | Ceiling Fan,Hardwood Floor | 13.3 x 13.5 | Main |
Primary Bath | Remodeled,Double-Sink,Stall Shower,Whirlpool Tub,Tile Floor | 13.0 x 12.0 | Upper |
Primary Bedroom | Ceiling Fan,Walk-In Closet | 16.8 x 14.5 | Upper |
Rec/Play Room | Tile Floor | 14.0 x 29.0 | Lower |
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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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $708,000 | $708,000 | $708,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.764% | 6.435% |
Monthly Tax Payment | $803 | $803 | $803 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,132 | $4,533 | $6,071 |
Total Monthly Payment | $5,027 | $5,428 | $6,966 |
* 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.