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Rarely does a loft of this caliber come to market. Residence 602 at 14 Imperial Place offers nearly 1, 600 square feet of classic loft living on the top floor of one of Providence's most storied buildings, originally home to the Imperial Knife Company and now one of the city's most sought after addresses in the thriving Jewelry District. Soaring 12-foot ceilings, exposed brick, and timber floors set the tone. A full wall of eight arched windows frames a panoramic sweep from College Hill and the Providence skyline including the iconic Superman Building all the way to the western horizon, where the sunsets are spectacular. Its exceptional three-bedroom, two-bath layout is vanishingly rare among Providence lofts of this scale. Custom oak shelving and built-in bookcases make this a book lover's dream, while the open floor plan flows naturally from living to dining. The primary bedroom offers a modern en-suite bathroom and laundry room, complete with a recent high-end Miele washer-dryer. A sliding door between the two additional bedrooms brings true flexibility: Configure them as guest rooms, a home office, a creative studio, or any combination that suits your life. Step outside and everything is within reach: the pedestrian bridge, waterfront parks, and the Downtown Arts & Theater District. Brown University, RISD, celebrated restaurants, and the city's innovation corridor are all a comfortable walk away. Amtrak is minutes away, and TF Green Airport is a 15-minute drive.
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NMLS Mortgage Loan Originator ID 2104486
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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 | $652,000 | $652,000 | $652,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $679 | $679 | $679 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,702 | $3,962 | $5,502 |
| Total Monthly Payment | $4,472 | $4,732 | $6,272 |
* 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.