Don't miss this rare opportunity to own a piece of paradise in Jamestown. Located right in the heart of town, you'll have easy access to charming boutiques, delightful cafes, and local attractions. Upon entering the 2 bedroom, 2 bathroom condo, you'll be greeted by a thoughtfully designed interior that exudes both elegance and functionality. The open-concept living area creates a seamless flow, ideal for entertaining guests or relaxing with loved ones. Large windows bathe the space in natural light, allowing you to soak in the breathtaking view of the Jamestown Harbor and Narragansett Bay. Residents of this condominium enjoy elevator access and two parking spaces. With its prime location, you can easily explore Jamestown's coastal beauty, indulge in water activities, or take leisurely strolls along the nearby scenic trails. Whether you're looking for a full-time residence or a vacation getaway, this condominium provides the ideal blend of luxury, convenience, and natural beauty. Your dream of waterfront living awaits! This unit is presently under a lease agreement through July of 2024.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $488 | $488 | $488 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,276 | $5,708 | $7,666 |
Total Monthly Payment | $5,889 | $6,321 | $8,279 |
* 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.