Wonderful opportunity to own in an elegant co-operative living community for independent adults (55+). This exquisitely maintained building is set back off of Blackstone Boulevard in Providence's desirable East Side neighborhood. The grounds with its walking paths, gardens, outdoor patios and water views create a tranquil, park like setting. This unit is on the 3rd floor with Northwest exposure and its own private balcony. Its oversized living room, bedroom, and walk in closet are newly carpeted. Off of the kitchen is a nook with a washer and dryer and plenty of room for a home office/work space. The unit includes central air and the building is pet friendly! There are numerous on site amenities including an indoor pool, gym, fitness classes, game room, library, indoor theater for movies, dining rooms and more. The monthly fee is all inclusive covering real estate taxes, insurance, utilities, wifi, one daily meal, maintenance, unit cleanings, basement storage, and an outdoor parking spot. Indoor parking spots can be available for purchase. Offers must be cash only because this is a co-op, not a financeable RE transaction.
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Our Executive Mortgage Banker:
Our Insurance Division:
$149,000
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 | $119,200 | $119,200 | $119,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.538% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $813 | $792 | $1,022 |
Total Monthly Payment | $888 | $867 | $1,097 |
* 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.