Located on a rise overlooking the pastoral gateway that extends east to the village of Lyme and west towards the Connecticut River is this iconic brick cape, built and continuously owned by the famous Grant family since 1799. Now for the first time in 200+ years, this very special historic homestead is being offered for sale on 24. 03+/- acres. The house requires restoration but with its high ceilings, comfortable floor plan, updated double-hung windows, full basement, new roof, and furnace, it has great bones to work with. The back wing also has potential and character worth updating, but the attached post and beam barn, with lovely old beams and barn boards, needs to be taken down, salvaged and or replaced. Outside, the land is mostly comprised of fields. Directly west of the house is a large level area with fertile soils where the Grant’s used to have a prolific vegetable garden. Further below, on the 20-acre portion that is conserved with the Upper Valley Land Trust, another field slopes down to the brook, then west. Most of the acreage is suitable for livestock. The Grant Brook Trail crosses the property and leads from the village of Lyme to the Connecticut River. Across the street is an extensive network of groomed XC ski trails. Last but not least, several abutting parcels and others within view of the house are conserved thus ensuring that the beauty of this undeveloped area will remain in perpetuity.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $716,000 | $716,000 | $716,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $962 | $962 | $962 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,065 | $4,467 | $5,994 |
Total Monthly Payment | $5,119 | $5,521 | $7,048 |
* 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.