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A unique opportunity awaits at highly desirable Waterplace in Downtown Providence. Perched on the 14th floor of the 200 building, Unit 1412 includes an incredible 400+ square foot private outdoor terrace and 2 coveted parking spaces in the secure underground parking garage. This one-bedroom condo features stunning floor to ceiling windows across the entire unit with picturesque views of College Hill and the East Side of Providence. The open living space is ideal for everyday life and entertaining alike, and a convenient half bath is an added bonus. Beautifully appointed and upgraded, the unit boasts a brand-new Smart Hub Refrigerator, large capacity washer and dryer, and automatic electric shades. The primary bedroom features new bamboo hardwood floors, a large walk-in closet and a full marble bathroom. Your private roof top terrace offers incredible views across all of downtown and the Narragansett Bay. Your oasis in the city, the space is perfect for gardening with an array of plantings and an automatic irrigation system for easy maintenance. Waterplace offers a luxurious lifestyle with 24-hour concierge service, a fitness center, a community room overlooking the Waterfire basin, and easy access to major highways and the train station. Your perfect pied-a-terre in the one of the hottest real estate markets in the country, come experience all that Providence has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $516 | $516 | $516 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,535 | $3,674 | $4,681 |
Total Monthly Payment | $4,143 | $4,282 | $5,289 |
* 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.