Stylish loft in the heart of the Jewelry District! Set within the highly coveted 116 Chestnut Street Lofts, this refined unit provides the perfect balance of industrial chic and urban sophistication. Enter through the gallery-like entrance hall and be immediately taken by the 12' ceilings, oversized windows and expansive views. The original hardwood floors, exposed brick walls, and beamed ceilings exude warmth and character, creating a timeless space that is anchored by a show-stopping panorama spanning from the historic East Side to the cityscape of Downtown. Adjacent to the airy living space is the chef's kitchen with honey toned cabinetry, a stone breakfast bar, and crisp white appliances. A private sleeping alcove with a Paris-like Juliet balcony offers a cozy respite from the hustle and bustle of city living. A generous full bath includes a spacious vanity with rich stone countertops, tile tub/shower and convenient in-unit laundry. Ideally situated in the hip Jewelry District, this stunning unit is just steps to some of the best theaters, restaurants, and nightlife that Providence has to offer, while also only being a short stroll from both numerous parks and all the shops along Wickenden and South Main Streets. Off-street parking and prime highway access allow for effortless travel to Boston, New York, and beyond. Enjoy all the benefits the Creative Capital has to offer at your doorstep. You will not want to miss this one!
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Our Executive Mortgage Banker:
Our Insurance Division:
$739,000
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 | $591,200 | $591,200 | $591,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.153% | 7.146% | 6.256% |
Monthly Tax Payment | $608 | $608 | $608 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,835 | $3,929 | $4,986 |
Total Monthly Payment | $4,535 | $4,629 | $5,686 |
* 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.