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Life at the lake begins here!! DIRECT WATERFRONT!! Set directly on the shores of Cedar Lake, this unique waterfront home offers the kind of lifestyle people dream about - updated throughout, easy water access, dock, boat launch, and peaceful lake views that change with every season. Whether it's boating and swimming in the summer, cozy fires in the fall, or enjoying the sunset after a long day by the water, this is a home designed for making memories year-round. Inside, the flexible side-by-side layout offers incredible possibilities for multi-generational living, guests, or extended family, with spacious living areas, fireplaces, lake-view balconies, and room to gather comfortably. Both sides offer spacious floor plans with updated fixtures and flooring. Right-side unit offers renovated kitchen and bathrooms. Finished lower level provides room for everyone! And outside? The backyard becomes your vacation destination. * Direct waterfront on Cedar Lake * Private dock & paved boat launch * Flexible in-law/multi-generational setup * Oversized 3-car garage + workshop * Year-round lake living in Wolcott CT This is more than a home - it's the place everyone will want to be. Cedar Lake is private. Lake Association dues are $700 annually. See attachments for Cedar Lake bylaws, including specific boat/watercraft allowable on the lake. Jet skis are not allowed. Additional info can be found at cloa. org. There is a one time membership transfer fee to the Cedar Lake Owners Association to be paid by the new owner.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Walk-In Closet,Engineered Wood Floor | 10.0 x 18.0 | Upper |
| Bedroom 2 | Vaulted Ceiling,Balcony/Deck,Sliders,Engineered Wood Floor | 12.0 x 14.0 | Upper |
| Bedroom 3 | Walk-In Closet,Engineered Wood Floor | 10.0 x 18.0 | Upper |
| Eat-In Kitchen | Remodeled,Granite Counters,Eating Space,Pantry,Vinyl Floor | 12.0 x 13.0 | Main |
| Eat-In Kitchen | Granite Counters,Eating Space,Pantry,Tile Floor | 12.0 x 14.0 | Main |
| Living Room | Built-Ins,Fireplace,Vinyl Floor | 18.0 x 21.0 | Main |
| Living Room | Built-Ins,Fireplace,Wall/Wall Carpet | 18.0 x 22.0 | Main |
| Other | Walk-In Closet,Vinyl Floor | 18.0 x 13.0 | Lower |
| Primary Bedroom | Vaulted Ceiling,Balcony/Deck,Full Bath,Sliders,Engineered Wood Floor | 14.0 x 18.0 | Upper |
| Rec/Play Room | Full Bath,Vinyl Floor | 18.0 x 29.0 | Lower |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $636,000 | $636,000 | $636,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $1,032 | $1,032 | $1,032 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,809 | $3,968 | $5,239 |
| Total Monthly Payment | $4,933 | $5,092 | $6,363 |
* 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.