8 Novelty Lane is a stunning and bright professional office building located in the center of the historic town of Essex. Situated on the Second Floor, this office space has vaulted ceilings and windows and skylights that enhance the space with natural sunlight. Ideal for professionals seeking a serene yet connected workspace. The office complex includes architectural firms and yacht sales businesses, creating a professional and vibrant environment. Unique entry foyer adorned with nautical photographs and checkered tiles. Ample off-street parking. Prominent signage for your business available at the building's main entrance. Quiet side street location, located close to 3 area yacht clubs. Steps away from local marinas, shops, restaurants, galleries, coffee shops, banks and the post office. Nearby cultural attractions include The Griswold Inn, Connecticut River Museum, and the Historic Steamboat Dock. This office space features a premium setting for businesses looking for a blend of historic charm and modern amenities in an active maritime community. This building has been characterized as having one of the most desirable office spaces in the historic Village of Essex and CT River Valley and was recipient of an AIA/CSA Design Award in 1987.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
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For homebuyers and sellers, our Attorney Network:
$1,200
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
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 | $960 | $960 | $960 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $6 | $6 | $8 |
Total Monthly Payment | $81 | $81 | $83 |
* 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.