Welcome to The Terrace On Main, where easy living is a way of life in this exclusive community. This impeccable 3rd-floor
unit welcomes you with a sunlit open floor plan perfectly suited to today's lifestyle. Step into the kitchen of your dreams,
complete with stainless appliances, a delightful breakfast nook, and a spacious granite island. The open living room creates an
inviting space for effortless entertaining, allowing you to move seamlessly between rooms without missing a beat. Exceptional
features, including a gas fireplace, central air, and a private balcony, and brand new hot water tank, distinguish this condo from others in the area. Continuing down the hallway, you'll discover the Primary Bedroom, featuring a large walk-in closet with custom shelving to allow you to maximize the space. The bathroom impresses with a double-sink vanity, a convenient laundry area, and a generous walk-in shower. With yard work out of the equation, you're free to relax and unwind on the community rooftop deck or stay active in the well-equipped fitness center. Each unit comes with its own secure, unfinished basement storage space. Nestled along bustling Main Street and in close proximity to historic downtown East Greenwich, The Terrace on Main offers an abundance of convenience. You'll be just moments away from the natural beauty of Goddard Park, charming waterfront marinas, enticing restaurants, and delightful Main Street shopping. Don't miss out on this special condo!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
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 | $319,200 | $319,200 | $319,200 |
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 | $447 | $447 | $447 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,124 | $2,122 | $2,737 |
Total Monthly Payment | $2,646 | $2,644 | $3,259 |
* 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.