Welcome to living at its finest! This exceptional 2-bedroom, 2. 5-bath end unit condo is perched atop a serene hill, offering breathtaking views of Narragansett Bay. Step inside and you'll immediately fall in love with the open, inviting floor plan that features cathedral ceilings, wide doorways, and gleaming hardwood floors. The oversized windows flood the space with natural light, creating an atmosphere of warmth and tranquility. The first floor of this condo is thoughtfully designed, offering an eat-in kitchen with modern amenities. There's also a versatile den/office space for those who work from home or desire a quiet retreat. As you continue your journey through this remarkable home, you'll discover a spacious living room complete with a cozy gas fireplace, perfect for those chilly New England evenings. The living room seamlessly flows into the dining area, creating an ideal setting for entertaining guests. The master bedroom is complete with its own laundry facilities for added convenience. Step outside to your private outdoor space and relax on the deck while savoring the beauty of the bay. It's the perfect place to enjoy morning coffee, evening sunsets, or simply unwind in the sea breeze. This condo provides not only a picturesque living environment but also the convenience of being in proximity to all the amenities, dining, and recreation that the Newport County has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
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 | $490 | $490 | $490 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,992 | $3,988 | $5,060 |
Total Monthly Payment | $4,574 | $4,570 | $5,642 |
* 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.