Discover luxury living at the Villages on Mt. Hope Bay. This exquisite 2 bedroom, 3 full bathroom, condominium boasts stunning views of the Mount Hope Bay. The fabulous open floor plan is perfect for large gatherings yet comfortable for every day living. The kitchen features stainless steel appliances, granite countertops, and a spacious pantry. Both bedrooms offer two generous closets and an ensuite marble soaking tub and shower. Additional features include a fire place living room and primary suite, a den, two additional bonus rooms on the second level, hardwood floors throughout, a private deck off both bedrooms perfect for enjoying the scenic views and beautiful sunsets. The Villages on Mt Hope By, a 55+ community, offers their residences a 10, 000 sq. ft. clubhouse equipped with a gym, library, heated pool, and tennis and pickleball courts, along with year-round activities and social clubs. Conveniently located off RT 24 with easy drive to Providence, Boston, Cape Cod, Newport and Bristol. Close to many options for fine and casual dining and beaches.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$975,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $734 | $734 | $734 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,187 | $4,614 | $6,425 |
Total Monthly Payment | $5,013 | $5,440 | $7,251 |
* 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.