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Need more than a typical one-bedroom? This brand-new, never-before-lived-in Cedar one-bedroom, one-bath residence includes a valuable extra room ideal for a home office, den, nursery, hobby room, or quiet retreat. Located at Tower Ridge Grande, one of Middletown’s most desirable rental communities, Unit 422 offers a fresh, modern living space with controlled-access interior entry for added privacy, comfort, and security. Unlike traditional exterior-entry apartment layouts, the interior-entry design provides a more private and secure residential feel. This beautifully designed apartment features a bright living area, open dining space, and a stylish kitchen with stainless steel appliances. The home is finished with wide oak-style luxury laminate vinyl plank flooring, giving the space a warm, upscale, contemporary feel. The bathroom features large-scale porcelain marble-style tile in the shower and bathroom floor, creating a clean, elegant look rarely found in a rental residence. The spacious bedroom includes a walk-in clothing closet, and the flexible Cedar layout provides more usable space than a typical one-bedroom apartment, making Unit 422 ideal for anyone who wants a brand-new home with room to live, work, and relax. Tower Ridge Grande offers easy access to shopping, restaurants, medical offices, schools, public transportation, Route 17/I-86, I-84, and the broader Hudson Valley. Residents enjoy pool and clubhouse membership included in the rent. Unlike many other communities, there are no separate amenity fees, making Tower Ridge Grande an excellent value. Professionally managed and carefully maintained, this brand-new Unit 422 is a rare opportunity to enjoy never-lived-in apartment living with privacy, security, upscale finishes, flexible space, and included amenities.
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Our Executive Mortgage Banker:
$2,450
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $1,960 | $1,960 | $1,960 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $12 | $13 | $16 |
| Total Monthly Payment | $87 | $88 | $91 |
* 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.