Presented byDiane Madden |
Home and haven are one at this graciously appointed pied-a-terre overlooking Watch Hill's vibrant harbor and Bay Street. A unique lifestyle opportunity, owners at the Watch Hill Inn Villa Residences may be eligible to join the Ocean House Management Rental Program, where the unit can be rented and serviced entirely by the famed Ocean House. With full access to the Ocean House amenities, which includes five star dining, a state of the art fitness center & spa, beach access, cleaning/ laundry services, and more, Watch Hill Inn condominium owners & rental guests alike can savor in all of the luxuries of a Relais & Chateaux stay. This professionally decorated unit comes fully furnished, and is located just steps from Watch Hill's boutique shops, the flying horse carousel, Napatree & East Beaches, and more. With a full kitchen & sunset views over Little Narragansett Bay, those who prefer to live & stay bayside will enjoy an unparalleled Watch Hill retreat amidst all of the comforts of being home.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 914.261.5909
Diane.Madden@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $680,000 | $680,000 | $680,000 |
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 | $555 | $555 | $555 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,077 | $4,410 | $5,924 |
Total Monthly Payment | $4,724 | $5,057 | $6,571 |
* 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.