Experience luxurious living in this light-filled penthouse unit at the iconic Spool Mill. With breathtaking views of the Mystic River and vibrant downtown, this unique space combines historic charm with modern elegance. Enjoy high ceilings and an abundance of natural light throughout the open-concept living area. Recently updated, the kitchen features sleek countertops, stainless steel appliances, and ample storage-perfect for culinary enthusiasts. Crown moldings and original architectural elements showcase the unit's historic character. Retreat to a generously sized primary suite complete with stunning river views and an en-suite bath for ultimate relaxation. Beautiful hardwood flooring adds warmth and charm to every room. Just a short walk to an array of restaurants, shops, and museums, immerse yourself in the vibrant culture of Mystic. Don't miss the chance to own this exceptional penthouse in one of Connecticut's most charming towns.
Type | Level |
---|---|
Bedroom 1 | Main |
Primary Bedroom | Main |
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William Raveis Mortgage, LLC
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $849 | $849 | $849 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,451 | $5,989 | $8,036 |
Total Monthly Payment | $6,425 | $6,963 | $9,010 |
* 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.