Spectacular 2 bdrm, 2 bath loft at The Residence at the American Textile Museum. Renovated in 2019, as one of the larger units w/ 1660 sq. ft, unit offers a spacious open floor plan ~ hardwood floors thru-out ~ grand 14' beamed ceiling ~exposed brick walls embrace oversized windows allowing natural light. Contemporary open-concept chef's kitchen/ dining / living area, boasts SS appliances ~ Quartz counters ~ large island perfect for entertaining. Main Suite, w/ walk-in closet & en-suite bath features luxurious soaking tub. Second bdrm / home office . . . 2nd full bath . . . in-unit washer / dryer. . . energy efficient HVAC system. . . Nest thermostat. . . Central Air. . . outdoor community picnic area. . . plus EV Charging stations. Convenient downtown location, walking distance to all amenities City has to offer. . . University, Tsongas Arena, Restaurants, Theatre, Folk Festival & yet commuter friendly w/ easy hi-way access, & minutes to commuter rail into Boston. This is truly Loft Living at it's FINEST
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 2 | Cathedral Ceiling(s), Closet, Flooring - Hardwood, Recessed Lighting | 10.0 x 11.0 | First |
| Dining Room | Cathedral Ceiling(s), Flooring - Hardwood, Open Floorplan, Lighting - Pendant, Lighting - Overhead | 9.0 x 11.0 | First |
| Kitchen | Cathedral Ceiling(s), Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Open Floorplan, Stainless Steel Appliances, Gas Stove, Lighting - Pendant | 9.0 x 21.0 | First |
| Living Room | Beamed Ceilings, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Open Floorplan | 15.0 x 32.0 | First |
| Master Bedroom | Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Double Vanity, Lighting - Overhead | 14.0 x 16.0 | First |
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Our Executive Mortgage Banker:
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$560,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $448,000 | $448,000 | $448,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | $578 | $578 | $578 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,614 | $2,722 | $3,631 |
| Total Monthly Payment | $3,284 | $3,392 | $4,301 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.