Experience the perfect blend of modern living and historic charm in this oversized, stunning two-bedroom, two-bathroom condo located in the prestigious Boott Mills Waterfront Lofts. This spacious unit features a bonus den and a separate laundry room with ample storage, with lots of closet space providing the convenience and functionality that discerning homeowners desire. Enjoy the unique character of the mill's architectural history, beautifully complemented by modern upgrades. The waterfront setting offers not only gorgeous views but also access to scenic walking paths along the river. Plus, you'll love the proximity to downtown Lowell, where vibrant stores, restaurants, and amenities are all just a short stroll away. The versatile den can easily transform into a home office, guest room, or a cozy reading nook, adding flexibility to your living space. With an abundance of natural light, thoughtful design, and convenient downtown access, this condo is a true gem!
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Our Executive Mortgage Banker:
Our Insurance Division:
$459,900
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 | $367,920 | $367,920 | $367,920 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $418 | $418 | $418 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,448 | $2,445 | $3,103 |
Total Monthly Payment | $2,941 | $2,938 | $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.