1 Tower Drive, ## 1106, Portsmouth, RI, 02871 | $815,000

Overlooking Narragansett Bay, Carnegie Tower is a luxurious, hi-rise residential building set within a private gated estate. Benefitting from private elevator access direct to the residence, Unit # 1106 offers 1800 sq. ft. of living space configured as 2 bedrooms with a flex space which could be used as a den, office, or even additional sleeping area, 3 full bathrooms, and 2 balconies. Featuring a desirable open floor plan kitchen, living room anchored by a gas fireplace and dining room. The many floor to ceiling windows offer water views of Narragansett Bay and Mt Hope Bay, including the Mt Hope bridge which is beautifully illuminated at night, and views of the Aquidneck Club golf course. The kitchen boasts custom cabinetry, granite counter tops, and high-end Wolf / Sub-Zero appliances. Both bedrooms are well proportioned and have attractive en-suite bathrooms. The Carnegie Tower amenities are like a 5-star hotel and include concierge service, Olympic size pool, outdoor spa, communal fire pit, outdoor grill station, children's pool, fitness center, security gate, conference room, and catering kitchen. Enjoy the short walk to the boat ramp and marina or down to the shoreline & beach. Unlike typical condo fees, the Tower condo fee covers most utilities, except for electricity and internet / TV. Within the same private gated estate, membership at the Aquidneck Club offering golf, tennis, equestrian, yachting, and clubhouse with a bar and fine dining restaurant is optional.

Features

  • Parking: 1-car
  • Heating: Forced Air,Gas
  • Cooling: Central Air
  • Amenities: Business Center,Maintenance,Pool,Recreation Room,Spa/Hot Tub,Concierge,Garden AreaBusiness Center,Concierge,Golf,Highway Access,Marina,Maintenance On-Site,Near Hospital,Near Schools,Pool,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s),Clubhouse
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 3 full
  • Laundry: In Unit
  • Complex: AQUIDNECK CLUB
  • Year Built: 2008
  • Common Charge: $1,912 Monthly
  • Approx Sq. Feet: 1,800
  • Est. Taxes: $8,631
  • Lot Desc: Private,Secluded
  • View: Saltwater,Water
  • Pets Allowed: Yes
  • Appliances: Common Water Heater,Dryer,Dishwasher,Exhaust Fan,Disposal,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Range Hood,Washer
  • MLS#: 1352009
  • Website: https://www.raveis.com
    /prop/1352009/1towerdrive_portsmouth_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Lila Delman Compass   Phone: 401-848-2101

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Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

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1 Tower Drive, ## 1106, Portsmouth, RI, 02871

$815,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

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 $652,000 $652,000 $652,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.430% 6.851% 6.664%
Monthly Tax Payment $719 $719 $719
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,962 $4,229 $5,680
Total Monthly Payment $4,773 $5,040 $6,491

* 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.