18 East Street, Bethlehem, CT, 06751 | $1,000,000

Bring your imagination with so many possibilities from bed and bfast, restaurant, bakery, ice cream shop to so much more. If you love authentic features and appreciate excellent craftsmanship, then you must see this historic antique colonial. Sturdily constructed in 1740 with 11 rooms creating a masterpiece of period charm. The original exposed beams, five fireplaces, wide walnut floorboards and lovely details enhance the historic allure. In addition to the 3400 square feet of main home restoration the original heavy timbers and wooden pegs that are visible in the 1500 square foot walk up attic appear unaged after nearly 300 years. The basement also runs the length of the house with 9-foot height. Incorporated into the massive stone foundation, the full basement has a new cement floor and new foundation supports. There are many unique features and each needs to be seen. Examples are the 12-foot-long stone that serves as a hearth for the original brick bee hive oven and the accurately custom designed oven. While this home, like most listings, has a kitchen, living room, and dining room, few if any have 2 sitting rooms, walk-in pantry, a setting room and a parlor room. Along with keeping with the times, there are nooks and crannies plus the 4 bedrooms. These 2. 23 bucolic acres are residential and commercial zoning, so this property has amazing opportunities especially for the post and beam modernized barn and cottage. A beautiful pond further enhances the property Many of the original and replaced hardware and accessories, such as shutters, have been saved and stored. Of optimum value is the ability to create revenue with a commercial enterprise. The barn has been pre-fitted to accommodate a dine-in bakery with an office and kitchen. The potential for dockside dining at the pond is another great point. Other business opportunities will surely develop, for the two outbuildings, as you walk through this spectacular property. Barn has 2137 square feet lower level and 817 upper level Cottage has 451 square feet

Features

  • Current Use: residential
  • Permitted Use: commercial
  • Utilities: Electric,Phone Available,Cable Available
  • Garage: Off Street Parking,Driveway,Unpaved
  • Parking: 8-car
  • Heating: Baseboard
  • Cooling: Central Air,Wall Unit
  • Units: 3
  • Zoning: R-1 / COMMERCIAL
  • Frontage: Municipal Street
  • Year Built: 1740
  • Approx Sq. Feet: 3,418
  • Acreage: 2.26
  • Est. Taxes: $7,526
  • Lot Desc: Level Lot
  • MLS#: 24052232
  • Days on Market: 19 days
  • Website: https://www.raveis.com
    /prop/24052232/18eaststreet_bethlehem_ct?source=qrflyer
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Listing courtesy of BHGRE Gaetano Marra Homes

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NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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18 East Street, Bethlehem, CT, 06751

$1,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $800,000 $800,000 $800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment $627 $627 $627
H/O Insurance Payment TBD TBD TBD
Initial Principal & Interest Pmt $4,605 $5,057 $6,751
Total Monthly Payment $5,324 $5,684 $7,378

* 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.