PROPERTY OFFERING. 32 Shore Road Niantic, CT 06357

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PROPERTY OFFERING 32 Shore Road Niantic, CT 06357

Table Of Contents

Welcome to Niantic *MAIN MENU EAST LYME (Niantic) ~ Located on Long Island Sound, East Lyme is a coastal New England town, enhanced by its additional frontage along the Niantic River and the diversity of its population and land uses. East Lyme is characterized by beach communities, a traditional seaside village centered along Route 156, the busy commercial corridor along Route 161, quiet residential neighborhoods, vast open spaces and substantial rural character. East Lyme s natural setting includes expansive water views and winding rural roads through a more rugged wooded upland terrain. East Lyme s people come together in a sense of community that supports activities ranging from youth sports to community parades. (Source: eltownhall.com)

Property Detail *MAIN MENU 32 Shore Road Niantic, CT Style: Conventional Year Built: 1940 Acres: 0.06 Square Feet: 1,344 Bedrooms: 3 Bathrooms: 1 Full Beautiful Hardwood Floors 32 Shore Road is the perfect spot for enjoying the beaches of Niantic. Just steps away from Oak Grove Beach and the Niantic Yacht Club. Your own private waterfront right in front of the house. Sit and relax in the bright sunroom with the spectacular view of the sound. Enjoy evenings in the cozy living room and dinners in the lovely dining room. Shower downstairs after coming in from the beach. The bedrooms upstairs have views of the water and the relaxing sound of the waves rolling in is always there.

*MAIN MENU Exterior Photo Highlights

*MAIN MENU Interior Photo Highlights

32 Shore Road ~ Location Map *MAIN MENU

32 Shore Road~ Plot Plan *MAIN MENU

East Lyme, Connecticut CERC Town Profile 2014 Town Hall P. O. Box 519, Niantic East Lyme, CT 06357 (860) 739-6931 Demographics Population (2012) 2000 2010 2012 2020 '12-'20 Growth / Yr Belongs to New London County LMA Norwich - New London Southeast Economic Dev. Region Southeastern Connecticut Planning Area Town County State 18,118 19,067 19,168 18,994-0.1% 259,088 272,360 273,723 279,893 0.3% 3,405,565 3,545,837 3,572,213 3,690,997 0.4% Land Area (sq. miles) Pop./ Sq. Mile (2012) 34 563 666 411 4,845 737 Median Age (2012) 45 40 40 Households (2012) 6,959 106,817 1,360,184 Med HH Inc. (2012) $81,599 $68,310 $69,519 Economics Race/Ethnicity (2012) White Black Asian Pacific Native American Other/Multi-Race Hispanic (any race) Incorporated in 1768 Town County State 16,082 874 983 72 226,453 14,834 12,047 1,472 2,802,217 355,660 139,827 8,531 1,157 18,917 265,978 1,264 23,331 480,185 Poverty Rate (2012) 3.6% 8.1% 10.0% Educational Attainment (2012) Persons Age 25 or Older High School Graduate Associates Degree Bachelors or Higher Town 3,591 1,228 5,464 % 25% 9% 39% State 677,253 177,531 879,089 % 28% 7% 36% Age Distribution (2012) 0-4 5-17 18-24 25-49 50-64 65+ Total Male 363 2% 1,492 8% 726 4% 3,146 16% 2,009 10% 1,524 8% 9,260 Female 328 2% 1,467 8% 608 3% 3,138 16% 2,407 13% 1,960 10% 9,908 County Total 14,771 5% 44,233 16% 27,177 10% 91,182 33% 57,129 21% 39,231 14% 273,723 State Total 200,031 6% 612,181 17% 328,661 9% 1,194,793 33% 726,725 20% 509,822 14% 3,572,213 % of Business Profile (2013) Top Five Grand List (2012) Amount Net Sector Units Employment Connecticut Light & Power $15,560,890 0.8% L & L East Lyme LLC $9,743,510 0.5% Total - All Industries 498 5,463 417 Main Street Niantic LLC $9,296,280 0.5% 23 Construction 48 302 Mitchell Trust LLC $5,124,930 0.2% 31 Manufacturing 12 244 GPF Flanders Plaza $4,493,720 0.2% 44 Retail Trade 59 767 Net Grand List (2012) $2,050,119,208 62 Health Care and Social Assistance 55 754 Major Employers (2014) 72 Accommodation and Food Services Total Government Local/Municipal Government 57 30 20 760 1,630 828 York Correctional Institution Corrections Dept (N Bridebrook) Corrections Dept (W Main) Bride Brook Health & Rehab Ctr Super Stop & Shop Education 2010-2011 School Year Town State Total Town School Enrollment 2,879 548,313 Most public school students in East Lyme attend East Lyme School District, which has 3,017 students. For more education data see: Students per Computer Town State http://sdeportal.ct.gov/cedar/ Elementary: 2.6 4.1 WEB/ResearchandReports/SS Middle: 2.2 2.7 PReports.aspx Secondary: 2.5 2.9 Town Profiles October, 2014. Page 1 www.cerc.com Connecticut Mastery Test Percent Above Goal Reading Math Writing Grade 4 Grade 6 Grade 8 Town State Town State Town State 77 63 93 76 91 75 85 67 91 72 88 67 79 67 86 65 86 65 Average Class Size Grade K 15.5 Grade 2 17.7 Grade 5 17.6 Grade 7 17.8 High School 17.4 Average SAT Score Town State Reading Writing 548 543 502 506 Math 558 506 No representation or warranties, expressed or implied, are given regarding the accuracy of this information.

East Lyme Connecticut Government Government Form: Selectman-Town Meeting Total Revenue (2012) Tax Revenue Non-tax Revenue Intergovernmental Per Capita Tax (2012) As % of State Average $64,412,658 $45,043,599 $19,369,059 $13,081,658 $2,350 91.0% Total Expenditures (2012) Education Other Total Indebtness (2012) As % of Expenditures Per Capita As % of State Average $65,819,678 $45,459,821 $20,359,857 $48,135,787 73.1% $2,511 111.3% Annual Debt Service (2012) $6,107,004 As % of Expenditures Eq. Net Grand List (2010) 9.3% $3,019,753,443 Per Capita $157,541 As % of State Average 109% Moody's Bond Rating (2012) Actual Mill Rate (2012) Equalized Mill Rate (2012) % of Grand List Com/Ind (2010) Aa2 19.47 14.94 6.4% Housing/Real Estate Housing Stock (2012) Total Units % Single Unit New Permits Auth. (2012) As % Existing Units Demolitions (2012) House Sales (2011) Median Price Built Pre 1950 share (2012) Labor Force Place of Residence (2013) Labor Force Employed Unemployed Unemployment Rate Place of Work (2013) Units Total Employment 2000-'13 AAGR Mfg Employment Other Information Crime Rate (2012) Per 100,000 Residents Library (2013) Public Web Computers Circulation per Capita Families Receiving (2014) Temporary Assistance Population Receiving (2014) Food Stamps Town Profiles October, 2014. Page 2 Town County State 8,123 120,752 1,485,445 85.1% 69.4% 64.6% 39 291 4,669 0.48% 0.24% 0.31% 9 39 955 NA 791 13,847 NA $238,000 $291,000 21.8% 30.1% 30.2% Town County State 9,278 144,217 1,859,934 8,636 132,813 1,715,398 642 11,404 144,536 6.9% 7.9% 7.8% 498 7,065 113,697 5,463 122,143 1,640,223 0.4% -0.3% 0.2% 244 14,244 163,828 Town State 916 2,433 21 9 50 801 Distance to Major Cities Hartford Boston New York City Providence www.cerc.com Owner Occupied Dwellings (2012) As % Total Dwellings Subsidized Housing (2012) Distribution of House Sales (2011) Number of Sales Less than $100,000 $100,000-$199,999 $200,000-$299,999 $300,000-$399,999 $400,000 or More Town County State NA NA NA NA NA 392 3,205 3,494 2,086 4,670 Connecticut Commuters (2011) Commuters into Town from: Town Residents Commuting to: East Lyme 1,273 East Lyme 1,273 Waterford 466 Groton 1,235 New London 291 New London 851 Groton 265 Waterford 678 Montville 239 Norwich 311 Norwich 168 Montville 307 Salem 112 Old Lyme 256 Ledyard 103 Old Saybrook 182 Old Lyme 102 Ledyard 170 Miles 36 92 102 53 Residential Utilities Electric Provider Connecticut Light & Power (800) 286-2000 Gas Provider Yankee Gas Company (800) 989-0900 Water Provider Municipal Provider Local Contact 5,764 72,837 929,560 71% 60% 63% 449 12,166 161,379 33 243 272 126 117 Cable Provider Metrocast Communication of CT, LLC (860) 442-8525 No representation or warranties, expressed or implied, are given regarding the accuracy of this information.