This lovely loft-style unit is located in the best building in the complex and is on the Riverside for the best ambiance. Being on the 2nd floor flood insurance is not required. This is one of the larger units in the complex with two full bedrooms and two full bathrooms. The huge windows allow natural light to wash over the rooms, exposed brick, beams and heating pipes provide historical character and charm.
The Lofts at Allen Street are highly coveted, extremely managed complex allowing pets, includes a club room, exercise room, walking trail by the river, grill area, access to bike trail, visitor parking, and extra storage. And once the Truman Drive Green Infrastructure Project is complete will be even more lovely than before. Don't miss this opportunity!
Type | Description | Level |
---|---|---|
Bedroom 2 | Flooring - Hardwood, Window(s) - Picture, Recessed Lighting | First |
Kitchen | Flooring - Hardwood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances | First |
Living Room | Ceiling Fan(s), Beamed Ceilings, Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Recessed Lighting | First |
Master Bedroom | Bathroom - Full, Flooring - Hardwood, Window(s) - Picture, Recessed Lighting | First |
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $252,000 | $252,000 | $252,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $187 | $187 | $187 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,677 | $1,675 | $2,125 |
Total Monthly Payment | $1,939 | $1,937 | $2,387 |
* 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.