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Welcome to Unit 505 at Ropewalk, a rare opportunity to own a desirable end-unit condominium offering exceptional privacy, abundant natural light, and beautiful views from both the front and rear of the building. As an end unit, the additional windows create a bright, airy atmosphere that sets this home apart from the rest. The thoughtfully designed floor plan offers comfortable one-level living with a spacious kitchen featuring ample cabinet and counter space, opening to the dining area and inviting living room—perfect for everyday living or entertaining family and friends. Just off the living room, the enclosed solarium provides a peaceful retreat to enjoy your morning coffee, read a book, or simply relax while taking in the surrounding views. The primary bedroom suite offers a private bath and a generous walk-in closet, while the second bedroom is ideal for guests, a home office, or additional living space. A second full bathroom and an in-unit utility room with the furnace, water heater, washer, and dryer add to the home’s convenience and functionality. Ropewalk is a professionally managed community known for its beautifully maintained grounds and outstanding amenities. Residents enjoy a secure entrance, welcoming lobby, elevator access, in-ground swimming pool, tennis court, and professionally landscaped common areas, providing a low-maintenance lifestyle in a desirable setting. Perfectly located directly across from Shaw’s Plaza, in front of the beautiful Private Fall River Country Club and just minutes from Route 24, you’ll enjoy easy access to shopping, restaurants, grocery stores, medical facilities, and major commuter routes. Whether you’re looking to downsize, simplify your lifestyle, or enjoy the convenience of condominium living, Unit 505 offers comfort, convenience, and one of the most desirable locations within the community. Don’t miss this opportunity to make this bright end unit your next home.
| Type | Description |
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| Laundry | In Unit |
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NMLS Mortgage Loan Originator ID 1500191
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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 | $291,200 | $291,200 | $291,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.524% | 6.776% | 6.078% |
| Monthly Tax Payment | $259 | $259 | $259 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,817 | $1,865 | $2,438 |
| Total Monthly Payment | $2,151 | $2,199 | $2,772 |
* 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.