PANORAMIC VIEWS in this sun-drenched corner unit could soon be yours! Offering effortless single-level living, this 2-bed, 2-bath condo perfectly blends sophisticated design with a front-row seat to one of Rhode Island's most scenic vistas. The primary suite serves as a peaceful retreat featuring generous closet space and en-suite bath. The second bedroom is perfect for guests, a home office, or a cozy den. As a coveted corner unit, the home is wrapped in large windows that flood the open-concept layout with brilliant natural light all day long. Adjacent to the well-appointed kitchen you will find the dedicated laundry room designed with convenient and ample storage. Step out onto your expansive private balcony and take in the sweeping, unobstructed views of the Sakonnet River, the iconic Mount Hope Bridge, and the sparkling waters of Mt. Hope Bay. Whether it's morning coffee or a sunset cocktail, this is your personal oasis. Enjoy the security and ease of a mid-rise building, complete with elevator access in a community with a vibrant atmosphere. Located just moments from local dining, boating, and coastal trails, this condo offers the perfect balance of tranquility and convenience.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $656,000 | $656,000 | $656,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.121% | 6.058% |
| Monthly Tax Payment | $580 | $580 | $580 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,673 | $3,933 | $5,492 |
| Total Monthly Payment | $4,345 | $4,605 | $6,164 |
* 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.