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Direct Waterfront One Level Condo with Un-Obstructed Water Views of the Mystic River. This 2 Bedroom, 2 Full Bath condo is located in one of the most Iconic Buildings in all of Mystic. "The Power House" turn of the Century Stately Water Front Building in Historic Downtown Mystic. Enjoy one-level living at its best. Includes 1 private parking space in the covered garage and access to the private outside parking lot as well. Watch the mesmeric boat traffic on the Mystic River from your 14' Balcony and enjoy the waterfront seating area with picnic table for outdoor gatherings. Efficient heat pump heating system with central air. First floor unit accessed by elevator. Adjacent to Deep Water Marina and stroll to fine restaurants, SIFT Bakery, Resort Shopping and Seaside Cafes. Live a Dream in Historic Downtown Mystic. Wake to the rhythm of the harbor and take in mesmerizing boat traffic from your private 14-foot waterfront balcony, where sailboats, yachts, and classic vessels glide by in a timeless coastal parade. Residents enjoy access to a private riverfront seating area, perfect for relaxed gatherings overlooking the water. This thoughtfully designed home features elevator access, an efficient heat pump system with central air, and the rare convenience of one covered garage space plus additional private parking. Perfectly positioned beside Deep Water Marinas, you are just steps from Mystic's finest waterfront dining, boutique shopping, and beloved destinations such as SIFT Bakery and charming seaside cafes-all within a picturesque stroll along the river. A rare opportunity to live the quintessential New England waterfront lifestyle-where every day feels like a getaway. No Short Term Rentals Allowed.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Hardwood Floor | 10.0 x 14.0 | Main |
| Dining Room | Balcony/Deck,Combination Liv/Din Rm,Sliders,Hardwood Floor | 11.0 x 11.0 | Main |
| Full Bath | Stall Shower | 7.0 x 5.0 | Main |
| Kitchen | Breakfast Bar,Granite Counters,Double-Sink,Hardwood Floor | 12.0 x 16.0 | Main |
| Living Room | Balcony/Deck,Combination Liv/Din Rm,Dining Area,Sliders,Hardwood Floor | 16.0 x 11.0 | Main |
| Primary Bath | Stall Shower,Hardwood Floor | 9.0 x 6.0 | Main |
| Primary BR Suite | Balcony/Deck,Bedroom Suite,Full Bath,Walk-In Closet,Wall/Wall Carpet | 15.0 x 18.0 | Main |
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,116,000 | $1,116,000 | $1,116,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,047 | $1,047 | $1,047 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,249 | $6,781 | $9,342 |
| Total Monthly Payment | $7,421 | $7,953 | $10,514 |
* 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.