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Step into luxury at Waterplace Residences located in Downtown Providence. This clean bright two-bedroom corner unit condominium is complimented with natural light and views. Enjoy the City's Skyline and Providence River for your own Waterfire experience from the 12th floor. The tasteful open layout lends itself to easy living and entertaining from every corner. The granite surface kitchen with shaker style cabinetry is nicely done with stainless steel appliances and a substantial island that's ideal for meal prep and comfortable seating. Hardwood flooring spans across the living area and the space is conditioned with zoned air conditioning. The primary bedroom offers a sizeable walk-in closet and it's own bathroom complimented with marble, a soaking tub and solid surface vanity. The secondary guest bedroom is perfect flex space, office or study. The common bath offers a tiled tub surround and a solid surface vanity. A stackable washer & dryer is tucked away yet convenient in the unit. Additionally, this unit has two deeded parking spaces that conveys with the property. Amenities include a 24 hour concierge service, a rooftop terrace complete with grill and seating that overlooks the city, a resident community room and a nicely equipped fitness center. HOA also includes heat, building & grounds maintenance and professional management. Convenient to fine dining, shops, theater, Providence Train Station, highway access and so much more that Providence has to offer.
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$699,000
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 | $559,200 | $559,200 | $559,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $463 | $463 | $463 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,443 | $3,531 | $4,644 |
| Total Monthly Payment | $3,998 | $4,086 | $5,199 |
* 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.