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Welcome to Independence Condominium, ideally located in the heart of Bristol, Rhode Island. This renovated first-floor unit offers approximately 1, 300 square feet of well-designed living space, featuring two spacious bedrooms w/ ample closet space, elevated 9. 4-foot ceilings, & abundant natural light. The unit includes two points of entrance, an intercom system at the main entry for added security, in-unit washer & dryer, secure basement storage, & efficient gas forced air heating w/ central air conditioning. Off-street parking is available, w/ the option to purchase a garage. The updated kitchen is thoughtfully designed with a farmers sink, an island with built-in dishwasher, quartz countertops, & marble backsplash. It also features additional cabinetry for pantry use, a coffee/tea/bar area, & a designated dining space that enhances both functionality and everyday living. Original hardwood floors run throughout, adding warmth & character w/ refined finishes. Set within a well-maintained six-unit property, the building offers an intimate living environment. High ceilings & updated systems create a loft-style feel while maintaining comfort & privacy. Positioned directly along Bristol's iconic parade route, experience the renowned Fourth of July celebration from your residence. Just moments from downtown Bristol, the waterfront, shops, dining, & less than 4 miles from Colt State Park, this home offers a perfect balance of coastal charm & vibrant community living.
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Our Executive Mortgage Banker:
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$572,500
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 | $458,000 | $458,000 | $458,000 |
| 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 | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,820 | $2,892 | $3,803 |
| Total Monthly Payment | $2,912 | $2,984 | $3,895 |
* 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.