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Discover elevated living with this 2 level Unit offering 1157 sqft and peak views from this beautifully maintained condo in the heart of Downtown Gloucester. Minutes from beaches, boating and some of Gloucester's newest restaurants. This attractive property provides a distinctive opportunity for sophisticated urban dwelling. The heart of this residence is its open-plan kitchen, seamlessly integrating with the living and dining room. This newly remodeled culinary space is equipped with brand new modern SS appliances, designed for both functionality and aesthetic appeal. The living room itself is distinguished by elegant hardwood flooring, establishing an atmosphere of refined comfort. Within the condominium, the bathroom features a thoughtfully designed accent wall, adding a unique touch to the space. The bedrooms also benefit from the continuity of hardwood flooring, contributing to the property's cohesive and polished interior. New heating system and water heater in 2025.
| Type | Description | Level |
|---|---|---|
| Bedroom 2 | Balcony / Deck, Exterior Access, Lighting - Overhead | Second |
| Bedroom 3 | Second | |
| Dining Room | Bathroom - Half, Closet, Recessed Lighting | First |
| Kitchen | Recessed Lighting, Remodeled, Lighting - Overhead | First |
| Living Room | Ceiling Fan(s), Flooring - Wood, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Overhead | First |
| Master Bedroom | Closet, Closet - Double | Second |
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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Our Executive Mortgage Banker:
Our Insurance Division:
$429,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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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 | $343,200 | $343,200 | $343,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $305 | $305 | $305 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,113 | $2,198 | $2,873 |
| Total Monthly Payment | $2,493 | $2,578 | $3,253 |
* 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.