116 Chestnut Street, #H, Providence, RI, 02903 | $1,995,000

This stunning loft, designed by an award-winning architect, has over 3, 100 SF of sophisticated living space. Step into this light filled unit and be immediately impressed by the 12' ceilings, huge windows spanning three sides and custom casework that expertly showcases collectibles while concealing the work zones needed for daily living. To the left of the entry is an artisan crafted steel door which glides open to reveal the guest bedroom. Tucked into the custom casework, is an adjoining bath with sleek floor to ceiling slate tile, wood vanity with vessel sink and a glass enclosed shower. To the right is an entry hall designed to provide a place to keep outerwear neatly out of sight. At the front of the unit is a home office with western views to capture amazing sunsets. The open living plan expands the length of the loft and includes living and dining areas staged for entertaining, a stunning kitchen with stone counters, top of the line appliances and pantry hidden behind custom cabinetry. The center island has peninsula seating for casual meals. An informal sitting area cleverly houses an audio-visual entertainment center. The private primary suite has views to Downtown and a Zen like bath with heated floors and a soaking tub to pamper you in style. Built in clothes closets and a large laundry room with more storage will serve all your wardrobe needs. Lutron lighting, remote controlled blinds and state of art climate control provides comfort in all seasons. Unrivaled!

Features

  • Parking: 2-car
  • Heating: Baseboard,Forced Air,Gas,Hot Water
  • Cooling: Central Air
  • Amenities: Highway Access,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Sidewalks
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Unit
  • Complex: Jewelry District
  • Year Built: 1887
  • Common Charge: $781 Monthly
  • Approx Sq. Feet: 3,104
  • Est. Taxes: $10,413
  • Lot Desc: Corner Lot
  • View: Water
  • Pets Allowed: No
  • Appliances: Dryer,Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator,Range Hood,Tankless Water Heater,Washer
  • MLS#: 1366565
  • Website: https://www.raveis.com
    /prop/1366565/116chestnutstreet_providence_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Residential Properties Ltd.   Phone: 401-274-6740

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

116 Chestnut Street, #H, Providence, RI, 02903

$1,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,596,000 $1,596,000 $1,596,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $868 $868 $868
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,062 $9,957 $13,360
Total Monthly Payment $10,055 $10,950 $14,353

* 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.