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The Penthouse at The Residences at 191 Main Street is an unparalleled opportunity to own a most spectacular part of Gloucester history. The Penthouse Suite is one of three completely unique and rare luxury condominium units, available now in this 1880 Pigeon Cove granite and brick landmark property in the heart of downtown Gloucester. This iconic building has been lovingly restored and renovated to the highest standards inside and out. The 3-bedroom, 2 full baths, approximately 2, 500 square foot Penthouse Suite embodies a classic design combined with a modern layout, and an open floorplan featuring an enormous great room incorporating ancient wooden beams that reach 14 feet at the peak. The master bath is not to be missed. It is a “wet room” experience for the owners who will enjoy the warm water from the double rain head shower fixtures and the deep and oversized Queen Ann tub.
Type | Description | Dimensions | Level |
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Bedroom 2 | Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Remodeled | 11.5 x 16.0 | Third |
Bedroom 3 | Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Remodeled | 11.0 x 14.3 | Third |
Dining Room | Skylight, Cathedral Ceiling(s), Flooring - Hardwood, Open Floorplan, Remodeled | 13.0 x 18.0 | Third |
Kitchen | Cathedral Ceiling(s), Vaulted Ceiling(s), Closet, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Dining Area, Balcony / Deck, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled | 13.0 x 13.0 | Third |
Living Room | Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Balcony / Deck, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Storage, Crown Molding | 16.0 x 12.0 | Third |
Master Bedroom | Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Remodeled | 14.0 x 16.5 | Third |
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,300,000 | $1,300,000 | $1,300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.761% | 6.764% | 6.560% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,690 | $8,324 | $11,235 |
Total Monthly Payment | $7,815 | $8,449 | $11,360 |
* 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.