Welcome home to this well maintained two bedroom, 2-1/2 bath condominium, situated in beautiful Whitehall Farm. This two level condominium features an expansive living room with wood burning fireplace, cathedral ceiling, and french doors that lead out to a cozy, private courtyard. Located on the opposite side of the primary level is the quaint kitchen and open concept dining area which is perfect for entertaining. On the second level, you'll be amazed by the size of the spacious primary bedroom, which comes equipped with an ample ensuite bathroom, as well as two large closets. Across the hallway is the second bedroom, with ample closet and another ensuite full bath. This condominium has undergone a complete exterior renovation and it is privately situated at the extreme end of the development, overlooking a lovely wooded and grassy area. This condominium is minutes from beaches, restaurants, shopping, and Newport attractions. It's the perfect home for seasonal or year round living. This is the opportunity you've been waiting for!
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Our Executive Mortgage Banker:
Our Insurance Division:
$625,000
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 | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $419 | $419 | $419 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,243 | $3,202 | $4,152 |
Total Monthly Payment | $3,753 | $3,712 | $4,662 |
* 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.