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Perched high up in the coveted -01 stack at the Carnegie Tower, Unit 1701 has been fully customized to offer an exceptional waterfront lifestyle. Truly spectacular views some of the very best in Rhode Island are the focal point of the expansive first floor. A truly unique floorplan, the entire first level provides open concept living space perfect for entertaining. The large custom kitchen was renovated in 2021 and features walnut cabinetry, herringbone marble flooring, Waterworks hardware, and a butcher block countertop. The living room boasts exquisite millwork and flows into the dining area featuring floor to ceiling doors opening to the first of 2 balconies. The bar area, with custom built-ins, features an integrated coffee maker, double refrigerator drawers, and an oversized mirror to maximize the view. A renovated half bath rounds out this floor. Upstairs, the generous hallway leads to an office, and a full-scale mudroom/laundry area with secondary entrance. To the right is a guest suite with front row views of the water. The primary bedroom is un-rivaled and includes a private balcony, dressing room, marble bathroom and an incredible custom closet. All windows throughout feature motorized shades. Unit 1701 comes with 2 deeded parking spaces and a large storage unit. The Carnegie Tower offers residents a resort style pool and fitness center and is a golf-cart drive away from the Aquidneck Club. A truly incomparable offering, just in time for Summer in Rhode Island.
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William Raveis Real Estate
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,196,000 | $1,196,000 | $1,196,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $996 | $996 | $996 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,697 | $7,267 | $10,012 |
| Total Monthly Payment | $7,818 | $8,388 | $11,133 |
* 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.