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Welcome to Unit 201 at The Anchor Building, a highly sought-after boutique coastal residence offering modern living in the heart of downtown Niantic. This thoughtfully designed one-bedroom apartment features an open layout filled with natural light, highlighted by a kitchen with island seating and in-unit washer and dryer for everyday convenience. Residents will enjoy the ease of an elevator-serviced building along with a curated mix of on-site amenities, including a wellness and fitness concept designed to complement an active, balanced lifestyle. Perfectly positioned, The Anchor Building places you just steps from McCook Point Beach, the Niantic Bay Boardwalk, and a vibrant collection of restaurants, cafes, and local shops. Whether it's a morning walk along the shoreline or an evening out in the village, this location offers a true coastal lifestyle. Now in development with anticipated completion in early 2027. Reserve your unit now. All renderings and images are for illustrative purposes only and may be subject to change; specifications and details are subject to modification without notice.
| Type | Description | Level |
|---|---|---|
| Eat-In Kitchen | Quartz Counters,Island | Main |
| Living Room | Main | |
| Primary Bedroom | Vinyl Floor | Main |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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For homebuyers and sellers, our Attorney Network:
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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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $2,040 | $2,040 | $2,040 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $12 | $13 | $17 |
| Total Monthly Payment | $87 | $88 | $92 |
* 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.