Originally built in 1913 to house the Thermos Bottle Co, this building screams class and style. The loft style unit features a second level bedroom, and a New Refrigerator, dishwasher and microwave means it will be a while before you spend your funds on appliances. Better yet washer and dryer are right in the unit. Pet friendly (with restrictions). When they converted to condos in 1988, they left the Industrial features like high ceilings, oversized beams, exposed piping and floor to ceiling windows giving this a unique and stylish feel. This unit has spectacular views on the Thames River which you will cherish every day. HOA includes water, sewer, windows, doors, snow removal and maintenance of the HVAC system. It may be cold now but when summer comes you will appreciate the central air! Located close to the bustling city of Norwich, but on the way to 395, Route 12 and an easy commute to Groton and New London. You don't have to spend a million to get million dollar views and a carefree lifestyle!
Type | Description | Dimensions | Level |
---|---|---|---|
Kitchen | Main | ||
Living Room | 2 Story Window(s) | 19.0 x 19.0 | Main |
Primary Bedroom | 2 Story Window(s),Interior Balcony | Upper |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $124,000 | $124,000 | $124,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.386% | 6.623% |
Monthly Tax Payment | $273 | $273 | $273 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $825 | $846 | $1,072 |
Total Monthly Payment | $1,173 | $1,194 | $1,420 |
* 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.