Presented byTery Pedro-Matrone |
The Villages on Mount Hope Bay are one of the most desired waterfront 55+ communities in the state of Rhode Island. This unit is modern, sleek, and recently renovated with marble countertops, nautical blue and white themed cabinetry along with high end appliances. The split floor plan offers privacy with a full bath for guests. A murphy bed with built-in features in the guest room transforms the space to fit your needs. If you choose not to dedicate the room for sleeping, you have the ability of tucking it away to allow space for a hobby or exercise. The primary en-suite offers multiple closets, beautifully appointed bath with marble flooring, walk in shower, soaking tub, linen closet, and a double vanity. With a separate door, the primary allows passage to the privately covered balcony, also accessible from the living room. Breathtaking views of the water from every window. Witness spectacular sunsets, views of the Sakonnet and Mt Hope bridges, boats sailing by, and fireworks on the bay. The amenities offered to you include a heated pool, pickle ball/tennis, exercise room, library, community room and grilling area. This community offers a wide range of activities. There is something for everyone, whether you enjoy gardening, card games or just socializing. Access to the highway could not be easier. You are just minutes away from downtown Bristol and have a leisurely ride to Aquidneck Island and Providence.
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:
$889,000
Broker Associate
William Raveis Real Estate
Phone: 401.499.8245
TeryPedro.Matrone@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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $711,200 | $711,200 | $711,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.648% | 6.597% | 6.158% |
Monthly Tax Payment | $578 | $578 | $578 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,094 | $4,495 | $6,002 |
Total Monthly Payment | $4,764 | $5,165 | $6,672 |
* 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.