Discover the perfect blend of comfort and convenience in this stunning 1-bedroom, 1-bath condo located in the sought-after Ross Commons condominium complex in Rumford. Situated on the first floor, this unit offers the ease of single-level living, making it ideal for anyone seeking both accessibility and style. Step inside to a generous open floor plan, featuring a cozy gas fireplace in the living area perfect for relaxing after a long day. The newly updated bathroom complements the spacious bedroom, which boasts a walk-in closet for ample storage. The unit also includes a convenient in-unit laundry and extra storage space, ensuring everything you need is at your fingertips. Ross Commons offers a range of community amenities, including a clubhouse, fully-equipped fitness center, and off street parking enhancing your living experience. Plus, you're just a 5-minute drive to Providence's Wayland Square, giving you quick access to dining, shopping, and entertainment. Don't miss the opportunity to own this fantastic 1 level condo with all the modern comforts in a prime location!
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$299,000
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 | $239,200 | $239,200 | $239,200 |
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 | $280 | $280 | $280 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,591 | $1,590 | $2,017 |
Total Monthly Payment | $1,946 | $1,945 | $2,372 |
* 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.