Know someone buying a home?
Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
36
Photos
3
beds
2
baths
2,098
sqft
Built in
1973
Nestled at the end of a serene cul-de-sac, 1 Ferro Ct in East Lyme, CT, offers a unique opportunity for savvy buyers. This raised ranch spans 1,234 sq. ft. on a 1.78-acre lot, providing ample space and privacy. The property features 3 bedrooms and 2 bathrooms, making it perfect for anyone seeking a peaceful neighborhood. While the home needs some TLC, it boasts a practical layout with a cozy living room, functional kitchen, and dining area that opens to the backyard. This makes it an ideal canvas for customization and renovation, allowing buyers to transform it into their dream home or an attractive investment property. The competitive pricing reflects the home's current condition, offering a rare chance to purchase in a desirable location below market value. Financing options are limited to cash buyers, conventional, or renovation financing only. East Lyme is renowned for its coastal charm and high quality of life, with access to beautiful beaches, parks, and recreational facilities. The quaint downtown area is filled with local shops, restaurants, and cultural attractions. The property's proximity to major highways ensures convenient commutes to nearby cities and towns Additional features include a detached garage with extra driveway space for convenient parking and storage. The spacious lot offers potential for outdoor activities and gardening, enhancing the property's appeal. This property is being sold As-Is. Don't miss this chance to own a piece of East Lyme
Features & Amenities
Interior
- Appliances:
- Electric Range,Microwave,Refrigerator,Dishwasher,Washer,Electric Dryer
- Laundry:
- Lower Level
- Basement:
- Full,Full With Walk-Out
- A/C:
- None
- Heating:
- Hot Water, Oil
- Fireplace:
- Fireplaces: 1
Exterior
- Style:
- Raised Ranch
Construction
- Roofing:
- Asphalt Shingle
Location
- County:
- New London
Lot
- Zoning:
- R40, 1470164
Utilities
- Water:
- Private Well
- Sewer:
- Septic
This listing courtesy of:
Seaport Real Estate Services, Danielle Verboski
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
Powered by
Ready to get started? Get prequalified »
About East Lyme, CT
Housing
- Number of Units
- 3,038
- Median Home Value
- $359,107
- Median Rent
- $1,211
27.13% of housing units are renter occupied.
6.64% are vacant.
Commute
- Car
-
67.61%
- Public Transportation
-
0.04%
- Walk to Work
-
0.41%
- Work from Home
-
30.67%
- Other
-
1.14%
The median travel time to work is 17 minutes.
People
- Population
- 7,892
- Median Age
- 44.60
- Median Household Size
- 2.84
Education
- High School
-
20.70%
- Associate’s Degree
-
8.98%
- Bachelor’s Degree
-
25.92%
- Graduate Degree
-
25.19%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
Interested in this home?
Request more information:
