Don't miss out on this one owner garden style luxury condo unit in the heart of Downtown Lowell overlooking the canal. This bright, open concept unit features beautifully refinished beams & exposed brick through out the unit. It has a large kitchen w/SS GE Profile appliances, stunning leathered granite counter tops, crown molding & pendant lighting. There are 2 BRS, the first has a walk-in closet with a 3/4 bath w/body sprays & multiple shower heads. The second bath is a full bath with a spacious tub with a tiled tub surround and glass doors. There is also a Central Vac system in the unit. There is access to a common area roof deck with great views of the city. There is an extra storage unit that included with the monthly condo fee. The unit is conveniently located to downtown shopping, public transportation, restaurants & the MBTA commuter rail. There is temporary parking available at the building for grocery drop off and parking spaces can be rented at nearby garages on Market St and Jones St.
Type | Dimensions | Level |
---|---|---|
Bedroom 2 | 10 x 16 | First |
Kitchen | 12 x 16 | First |
Living Room | 13 x 24 | First |
Master Bedroom | 13 x 15 | First |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $359,920 | $359,920 | $359,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.055% | 6.120% |
Monthly Tax Payment | $508 | $508 | $508 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,364 | $3,013 |
Total Monthly Payment | $2,978 | $2,947 | $3,596 |
* 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.