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Located steps to Downtown Mystic!!! Thoughtfully updated and ideally located, 16 School Street presents a refined blend of comfort, character, and effortless coastal living in the heart of Mystic. This well appointed residence offers three bedrooms and one and a half baths, with a layout designed for both everyday living and relaxed entertaining. Recent improvements enhance the home's functionality and appeal, while a full basement and expansive attic provide exceptional storage solutions. Outdoors, the property truly distinguishes itself. A newly constructed AZEK deck flows seamlessly to a private hot tub, creating a perfect setting for unwinding or hosting guests. Just beyond, a beautifully crafted unilock stone patio with a built in fire pit sets the stage for memorable evenings under the stars. The professionally landscaped grounds offer a polished yet inviting backdrop, complemented by a welcoming front porch, an ideal spot for morning coffee or quiet afternoons. A rare opportunity to enjoy a move in ready home with exceptional outdoor living, just moments from Mystic's renowned shops, dining, and waterfront attractions. Downtown Mystic stands as one of the Connecticut shoreline's most coveted destinations, where a picturesque harbor, refined culinary scene, and timeless New England architecture converge. Anchored by the iconic Mystic River Bascule Bridge, the village offers an elegant blend of boutique shopping, acclaimed waterfront dining, and an atmosphere that is both vibrant and effortlessly relaxed. Buyers are consistently drawn to Mystic for its rare balance of coastal lifestyle and accessibility, a well established shoreline destination located approximately two hours from both New York City and Boston. Its enduring appeal lies in its walkability, maritime heritage, and polished yet approachable energy, making it equally suited for a primary residence or a sophisticated weekend retreat. As a destination with both emotional resonance and long term value, Mystic continues to attract those seeking a meaningful investment in one of New England's most distinctive shoreline communities.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Hardwood Floor | 14.6 x 11.0 | Upper |
| Bedroom 2 | Laminate Floor | 12.0 x 9.3 | Upper |
| Dining Room | Ceiling Fan,Sliders,Hardwood Floor | 13.1 x 12.0 | Main |
| Kitchen | Remodeled,Breakfast Bar,Granite Counters,Island,Hardwood Floor | 13.1 x 13.9 | Main |
| Living Room | Ceiling Fan,Hardwood Floor | 13.1 x 13.1 | Main |
| Primary Bedroom | Ceiling Fan,Walk-In Closet,Hardwood Floor | 13.4 x 11.1 | Upper |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $687,200 | $687,200 | $687,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $492 | $492 | $492 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,795 | $4,120 | $5,707 |
| Total Monthly Payment | $4,379 | $4,704 | $6,291 |
* 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.