STUDIO apartment. Newly constructed with completion set for early 2025, our community combines modern design, spacious living spaces and state of the art luxury finishes in providing a higher level of apartment living in Providence, RI. From stainless steel appliances to quartz countertops, solid hardwood floors, and private balconies with sweeping views of college hill, our apartments provide an exceptional living experience. Located steps away from the upcoming state-of-the-art State Lab Building, Brown University's new Research and Campus Life Center, and convenient Amtrak access, this property puts you right in the heart of innovation, academia, and connectivity. Enjoy the security of call box access control systems, and the convenience of a secure online rent payment system. Situated perfectly on the corner of Friendship & Richmond providing professionals with close proximity to major employers, medical facilities and higher education institutions. Retail shopping, dining and entertainment options are nearby. Professional photos COMING SOON! Studios, 1 bedrooms, 2 bedrooms, and 4 bedrooms available. Please reach out to listing agent for leasing brochure and additional information. Call today for an exclusive hard hat tour, as the construction nears completion.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,995
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 | $1,596 | $1,596 | $1,596 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.386% | 6.623% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $11 | $11 | $14 |
Total Monthly Payment | $86 | $86 | $89 |
* 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.