105 Cove Road, Lyme, CT, 06371 | $2,490,000

A Rare Opportunity to live on the picturesque shore of Hamburg Cove. This Pristine 4329 sq foot waterfront home is available for rent sharing views of the Cove throughtout. The home boasts 4 bedrooms, with Primary bedroom on main floor leading to private deck off the suite. The Grand Living room features cathedral ceilings, fireplace, along with two story windows and slider access to balcony overlooking the Hamburg Cove. The spacious Kitchen includes built in hutch, eating area, pantry, windows allowing water views. Additionally, the home basement offers a finished walk out den area with fireplace, personal Gym, cedar closet, wet bar, and craft room. Cobble stone driveway leads to this impressive property with 3 Car Garage. A fenced in yard where children will be pleasantly surprised to find a whimsical tree house as well as playscape for outdoor fun. All high technology security and lighting systems. Automatic full house generator and endless hot water heater a plus. Home has private dock and mooring on the cove. Come preview this beautiful one-of-a-kind waterfront home. This property is being also listed as a rental MLS #24061681

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Style: Colonial
  • Year Built: 1988
  • Heating: Hot Air
  • Cooling: Central Air
  • Basement: Full,Storage,Partially Finished,Liveable Space,Full With Walk-Out
  • Above Grade Approx. Sq. Feet: 4,329
  • Acreage: 2.2
  • Est. Taxes: $21,089
  • Lot Desc: Some Wetlands,Lightly Wooded,Professionally Landscaped,Water View
  • Water Front: Yes
  • Elem. School: Lyme Consolidated
  • High School: Lyme-Old Lyme
  • Appliances: Oven/Range,Microwave,Refrigerator,Dishwasher,Washer,Dryer
  • MLS#: 24061680
  • Website: https://www.raveis.com
    /eprop/24061680/105coveroad_lyme_ct?source=qrflyer
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Listing courtesy of Coldwell Banker Realty

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NMLS Mortgage Loan Originator ID 81725

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105 Cove Road, Lyme, CT, 06371

$2,490,000

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 $1,992,000 $1,992,000 $1,992,000
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 $1,757 $1,757 $1,757
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,310 $12,427 $16,675
Total Monthly Payment $13,192 $14,309 $18,557

* 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.