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Welcome to the Providence's finest new construction listing! This brand new two family property contains two sparkling 3 bed 2 bath units and a bonus space in the currently unfinished lower level. The property, top to bottom is stylish, hardwood stairs invite your company or tenants into warm, vibrant spaces. Each identical unit consists of a large living/dining area, an elegant efficient quartz kitchen, including all appliances and 3 bedrooms, one with a master bath in each unit. Stylish touches, tile work and a clean palette works perfectly for you to introduce your colors, style, art and decorations. The property is tall with soaring views, offering you a unique perspective on the neighborhood. Since absolutely every square inch is brand new, all you have to do, is enjoy the view. Its also great to invest into a property with upside and the lower level creates that upside in your new, warrantied home. With two egresses and high ceilings, this space would be perfect for an in-law or any other bonus square footage you desire. The builder spared no expense on the design of this foundation with a knee wall accommodating full sized windows and creating a light, bright bonus space in the basement. Nearby parks, Rhode Island college and Elmhurst, here on the North Providence border you are well situated in a comfortable, convenient location. Why settle for second best when you can live and invest here?
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Our Executive Mortgage Banker:
Our Insurance Division:
$679,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $543,920 | $543,920 | $543,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | $420 | $420 | $420 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,174 | $3,305 | $4,408 |
| Total Monthly Payment | $3,686 | $3,817 | $4,920 |
* 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.