1 Watermill Pl, #425, Arlington (Arlington Heights), MA, 02476 | $489,000

This 1 bedroom abode offers the perfect apartment lifestyle that pairs timeless elegance with effortless living! Recessed lighting, crown moulding, and beautifully accented walls lend warmth and character throughout. The living spaces are framed by tranquil views of the scenic landscape and the historic Old Schwamb Mill, while a Juliette balcony welcomes gentle breezes and changing seasons indoors. The primary bedroom is a peaceful retreat with double closets and a private en-suite bath. This is a well-insulated unit that enjoys remarkably low utility costs! Beyond the front door, same-level private storage and a parking space (#39) just steps from the entrance elevate everyday convenience. This building has impeccably maintained common areas, a gym and 8 visitor parking spots. Located beside the Minuteman Commuter Bikeway and moments from Mass Ave with Trader Joe's and Maruichi Japanese Market nearby, this home offers a lifestyle where nature and neighborhood exist in perfect balance.

Features

  • Town: Arlington
  • Parking: 1-car, Carport, Deeded, Exclusive Parking
  • Heating: Central, Heat Pump, Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, House of Worship
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full / 1 half
  • Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
  • Complex: Watermill Place Condominium
  • Year Built: 1988
  • Common Charge: $492 Monthly
  • Approx Sq. Feet: 644
  • Est. Taxes: $4,440
  • Pets Allowed: No
  • Appliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • MLS#: 73545822
  • Website: https://www.raveis.com
    /prop/73545822/1watermillpl_arlington_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Joan Bissdorf courtesy of Keller Williams Realty   Phone: 978-475-2111

Room Information

Type DescriptionDimensionsLevel
Dining Room Open FloorplanFirst
Kitchen Open FloorplanFirst
Laundry First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Living Room Bathroom - Half, Flooring - Laminate, Recessed Lighting14.6 x 13.4First
Master Bedroom Bathroom - Full, Closet, Recessed Lighting15.5 x 11.7First

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NMLS Mortgage Loan Originator ID 1500191

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1 Watermill Pl, #425, Arlington (Arlington Heights), MA, 02476

$489,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $391,200 $391,200 $391,200
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 $370 $370 $370
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,343 $2,470 $3,249
Total Monthly Payment $2,788 $2,915 $3,694

* 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.