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Welcome to this remarkable 2000+ sq. ft. condominium located in the sought-after Mill Historic District of Central Falls. Set just a 3-minute walk from the scenic Blackstone River, this home offers ideal access for commuting into Massachusetts or Boston. Inside, a professionally designed interior combines modern features with timeless mill-era architecture. Abundant natural light streams through oversized windows, accentuating the rich cherry wood cabinetry, spacious peninsula, artisan concrete countertops, gas range, and sleek stainless steel appliances. Gorgeous original hardwood flooring runs throughout, beautifully preserved to honor the building's character. The soaring ceilings, designer lighting, and curated color palette create an atmosphere of refined elegance. The primary and secondary bedrooms each boast oversized walk-in closets and serene personal space. One bedroom is currently used as a creative art studio with dramatic north-facing windows. There's also a well-sized office, an expansive bathroom with a large shower, and in-unit laundry within a large utility room. Located only 18 minutes on foot from the new Pawtucket/Central Falls MBTA station, this condo also places you minutes from the future home of Rhode Island FC at Tidewater Landing. This Spring, enjoy the addition of a fully renovated rooftop deck with panoramic city views an ideal spot to unwind or entertain.
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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 | $319,992 | $319,992 | $319,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.066% |
Monthly Tax Payment | $292 | $292 | $292 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,996 | $2,102 | $2,657 |
Total Monthly Payment | $2,363 | $2,469 | $3,024 |
* 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.