Great investment opportunity near Brown, RISD, and Providence College. WE HAVE THE CERTIFICATE OF OCCUPANCY 30 day close! Custom new construction townhouse style condo with a garage features quality workmanship with every detail of luxury urban living thought out for you. Many upgrades included in the price. The kitchen features stainless appliances. Wait until you see the gorgeous quartz countertops and tile back splash! Cabinets feature soft close drawers. This glamourous space is open to your light filled family room. There is a half bath conveniently located on this level. The Upper level has two bedrooms separated by a laundry closet. The main bath has marble tile, and a rain head shower head is to die for. How rare is it to find a home in the city with its own deep garage? There is room in the rear of garage for storage. The garage has finished walls and ceiling. All Interior walls have Fire rated dry wall. The home has insulation blown into the interior walls and a generous amount in the cap for energy efficient living. This home has gas heat, central air and sewers. Tax and sewer assessments, yet to be determined. Conveniently located on a bus line with highway access nearby for Route 95 N and S, just minutes to 295 and Amtrak. 8 minutes to RISD and Brown University, 6 min to Providence College. Fine Diing, Water Fire and so much more at your doorstep. Enjoy all that Providence has to offer
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Our Executive Mortgage Banker:
Our Insurance Division:
$345,000
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 | $276,000 | $276,000 | $276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $387 | $387 | $387 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,836 | $1,813 | $2,328 |
Total Monthly Payment | $2,298 | $2,275 | $2,790 |
* 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.