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A rare opportunity to own one of the most distinctive units at 16 Vernon Ave. Originally built in 1860 as the New England Co. building and converted to condos in 1991, this expansive 3-level end unit offers 3, 354 sq ft of beautifully updated living space with 2 large bedrooms and 2. 5 remodeled bathrooms. Completely and meticulously renovated, the home blends original mill character with modern style through soaring ceilings, oversized mill-style windows, exposed wood beams, architectural steel details, warm wood flooring, and custom built-ins along the stairwells. The open main level offers incredible flexibility for entertaining, dining, relaxing, or working from home. The kitchen features two-tone cabinetry, stainless steel appliances, white subway tile backsplash, open shelving accents, generous storage, and great flow into the surrounding living space. The upper levels continue the airy feel, including a loft-style bedroom that adds to the home's unique architectural character. Outside, enjoy a private stone patio enclosed by mature greenery, creating a peaceful retreat. Additional features include central air, gas heat, and a convenient location close to shopping, restaurants, trails, and I-84. Nearby, the potential Daniels Mill revitalization project reflects continued investment in Rockville's historic mill district and could further add to the area's charm and downtown appeal. This is not your typical condo; it truly needs to be seen in person.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | 9 ft+ Ceilings,Walk-In Closet,Vinyl Floor | 21.0 x 17.0 | Lower |
| Full Bath | Remodeled,9 ft+ Ceilings,Tile Floor | 5.0 x 9.0 | Lower |
| Half Bath | Remodeled,Tile Floor | 5.5 x 8.5 | Main |
| Kitchen | 9 ft+ Ceilings,Hardwood Floor | 10.0 x 12.0 | Main |
| Living Room | 9 ft+ Ceilings,Beams,Book Shelves,Combination Liv/Din Rm,Hardwood Floor | 25.0 x 26.0 | Main |
| Primary Bath | Remodeled,Stall Shower,Vinyl Floor,On 3rd Floor | 8.5 x 8.0 | Upper |
| Primary Bedroom | Remodeled,9 ft+ Ceilings,Full Bath,Hardwood Floor,On 3rd Floor | 30.0 x 17.0 | Upper |
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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 |
|
|---|---|---|---|
| Loan Amount | $303,920 | $303,920 | $303,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $366 | $366 | $366 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,820 | $1,919 | $2,524 |
| Total Monthly Payment | $2,261 | $2,360 | $2,965 |
* 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.