5 River Mills Dr, Frenchtown Boro, NJ, 08825 | $789,000

Step into luxury living with this stunning riverfront condo nestled along the picturesque Delaware River. Boasting numerous upgrades and amenities, this residence offers an unparalleled lifestyle experience. Upon entering, you'll be greeted by the warmth and elegance of a gas fireplace, perfect for cozy evenings spent relaxing. Gleaming hardwood flooring throughout adds a touch of sophistication and charm to the space, while expansive windows provide breathtaking views of the tranquil river beyond. One of the highlights of this condo is its spacious deck, offering a private retreat where you can unwind while taking in the scenic beauty of the River. Whether enjoying your morning coffee or hosting intimate gatherings with friends, this is the spot!Convenience is key with an elevator directly from the garage, making grocery runs a breeze and ensuring effortless access to your abode. Say goodbye to the hassle of lugging bags up flights of stairs . Located within walking distance of Frenchtown's charming shops and delectable restaurants, you'll have everything you need right at your doorstep. Explore the vibrant cultural scene, indulge in gourmet dining, or simply take a leisurely stroll along the riverfront. But the allure of this condo extends beyond its immediate surroundings. As the gateway to Bucks County, there is access to a wealth of outdoor recreational including kayaking, canoeing, bike riding, even polo. Experience luxury riverfront living at its finest.

Features

  • Heating: Gas-Natural 1 Unit, Forced Hot Air
  • Cooling: Central Air
  • Amenities: Elevator
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Lot Size: CONDO INT
  • Complex: River Mills
  • Year Built: 2017
  • Common Charge: $358
  • Approx Sq. Feet: 2,530
  • Est. Taxes: $18,906
  • Lot Desc: Lake/Water View, Level Lot
  • Adult Communities: Yes
  • Elem. School: E.O.THOMAS
  • Middle School: E.O.THOMAS
  • High School: DEL.VALLEY
  • MLS#: 3889159
  • Days on Market: 65 days
  • Website: https://www.raveis.com
    /prop/3889159/5rivermillsdr_frenchtownboro_nj?source=qrflyer
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Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of COLDWELL BANKER HEARTHSIDE

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5 River Mills Dr, Frenchtown Boro, NJ, 08825

$789,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $631,200 $631,200 $631,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.893% 7.171% 6.623%
Monthly Tax Payment $1,576 $1,576 $1,576
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,253 $4,195 $5,455
Total Monthly Payment $5,921 $5,863 $7,123

* 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.