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1 Nobert Street, #2, Warren, RI, 02885 | $356,467
This is an AFFORDABLE UNIT with income and deed restrictions. The virtually staged photos are of MLS#1360735. Please reference final specification sheets. The 'Lookout on Main' is a wonderful example of urban infill in the downtown district of Warren, Rhode Island. The luxury community features fifteen residential units, and two ground floor commercial units located on two parcels just off Main Street. A short walk to Warren's wharf, awarding winning restaurants, boutiques, and the East Bay Bike Path. 1 Norbert Street Unit 1 is in a newly constructed fourplex mixed use building (two residential units above and two commercial units below) offering a combination of smart design and contemporary open concept living space. This unit has two bedrooms and 1. 5 bathrooms as well as on-site assigned tandem parking for two vehicles. The easy kitchen layout contains stainless steel appliances and stone counter tops. A powder room is situated off the kitchen. The laundry is located on the top floor between both bedrooms and the primary en suite has direct bathroom access with pocket door. Main entrance into the home is off the driveway. In addition to quality construction and thoughtful millwork, there is outdoor communal green space that includes gas fireplaces, gas grills, and is a pet friendly association; all the ingredients needed to call the Lookout on Main' home. Taxes & assessment are TBD. Low condominium fees!
Features
- Parking: 2-car
- Heating: Electric,Forced Air,Heat Pump,Zoned
- Cooling: Ductless,Heat Pump
- Amenities: Garden AreaMarina,Near Schools,Public Transportation,Restaurant,Shopping,Sidewalks
- Rooms: 3
- Bedrooms: 2
- Baths: 1 full / 1 half
- Laundry: In Unit
- Complex: Downtown Warren
- Year Built: 2024
- Common Charge: $118 Monthly
- Approx Sq. Feet: 909
- Est. Taxes: $0
- Lot Desc: Corner Lot,Sprinkler System
- Pets Allowed: Yes
- Appliances: Dishwasher,Electric Water Heater,Microwave,Oven,Range,Refrigerator,Water Heater
- MLS#: 1374912
- Website: https://www.raveis.com
/prop/1374912/1nobertstreet_warren_ri?source=qrflyer
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William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 7654
401.474.4879
Whitney.Rugg@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1 Nobert Street, #2, Warren, RI, 02885
$356,467
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Whitney Rugg
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 | $285,174 | $285,174 | $285,174 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,921 | $1,895 | $2,405 |
| Total Monthly Payment | $1,996 | $1,970 | $2,480 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB