Presented byThe John Risica Team |
Huge price drop to $589, 000. TAKE ADVANTAGE OF THIS UNIQUE OFFER IMMEDIATELY. Welcome to this stunning 1st floor NEW CONSTRUCTION CONDOMINIUM located in the heart of the vibrant West Side of Providence. This spacious home features 3 bedrooms, 2 full baths, and convenient in-unit laundry (washer and dryer included). The interior boasts elegant white oak hardwood floors and sleek black hardware throughout, creating a modern and cohesive design. Soaring high ceilings enhance the airy atmosphere, while custom black-framed ANDERSON windows flood the space with natural light. The kitchen is a chef's dream, with quartz countertops, stainless steel appliances, and ample storage. Enjoy the convenience of forced hot air heating and air conditioning, ensuring comfort year-round. Each unit includes two designated parking spots, and 1/3 basement storage, both rare in this area. Located within walking distance of some of Providence's most beloved restaurants, coffee shops, and bars, this property offers the perfect blend of luxury and urban living. NOTE THAT RE TAXES ARE ESTIMATED AS THIS IS NEW CONSTRUCTION.
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Our Executive Mortgage Banker:
Our Insurance Division:
$589,000
Sales Associates
William Raveis Real Estate
Phone: 401.743.5161
JohnRisicaTeam@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 | $471,200 | $471,200 | $471,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $667 | $667 | $667 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,135 | $3,132 | $4,040 |
Total Monthly Payment | $3,894 | $3,891 | $4,799 |
* 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.