Welcome home to luxury waterfront living in Narragansett! This lovely one-level condominium is an end unit, on the second level, just steps from Narragansett Beach. Unit 404 has brand new hardwood floors and has been freshly painted. This condo features 2 bedrooms and 2 full baths in nearly 1100 square feet. Town water, sewer, natural gas, an additional private storage unit AND two deeded parking spots. Highlights of the kitchen include attractive white cabinets, granite countertops, stainless steel appliances including a natural gas range. This unit offers a den with French doors that may be used for additional sleeping space. Enjoy your morning coffee on the deck or sitting by the sea wall. Surfside is across from The Towers, a historical landmark. You will find wonderful restaurants, shoppes, and Gazebo Park close-by. The Surfside Condominium Complex is well maintained and provides ideal seaside living as a primary residence or a great vacation spot. Schedule a private showing???????????????????????????????? today!
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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 | $719,920 | $719,920 | $719,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $351 | $351 | $351 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,088 | $4,433 | $5,978 |
Total Monthly Payment | $4,531 | $4,876 | $6,421 |
* 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.