CUSTOM NEW CONSTRUCTION Luxury Condominiums "Phase 3" of desirable "The Residences Downtown" Modern Living in the Heart of Downtown Franklin. Stunning Corner Unit - 3 bedroom/office Open Floor Plan layout with 9'-8" high ceilings, bright windows & large private 106 sq. f. t exterior balcony deck, extending your living space outdoors. You'll love the Primary Suite with large walk-in closets & tiled bathroom. The kitchen is finished with premium cabinetry, solid surface countertops, recessed lighting, gas range, stainless steel appliances & other luxury finishes that make it a joy for entertaining. Featuring 2 Deeded Garage Parking Spaces. Owners have private entry and ELEVATOR to private common hallway. Vestibule entry has package delivery area for unit owners. All interior & exterior finishes are of the highest quality. Near commuter rail, Downtown restaurants, golf course, shopping & more. Spring 2025 Delivery. Customization options! Reserve Your New Construction to pick your finishes.
Type | Description | Level |
---|---|---|
Bedroom 2 | Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Flooring - Vinyl | First |
Bedroom 3 | Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Flooring - Vinyl | First |
Dining Room | Flooring - Hardwood, Flooring - Laminate | First |
Kitchen | Flooring - Vinyl, Flooring - Wood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances | First |
Living Room | Flooring - Hardwood, Flooring - Vinyl, Deck - Exterior, Slider | First |
Master Bedroom | Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Flooring - Wall to Wall Carpet, Flooring - Vinyl | First |
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Our Executive Mortgage Banker:
Our Insurance Division:
$695,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $556,000 | $556,000 | $556,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,699 | $3,695 | $4,689 |
Total Monthly Payment | $3,791 | $3,787 | $4,781 |
* 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.