*END UNIT ON TOP FLOOR WITH SEASONAL WATER VIEWS, FP, & LARGE BALCONY!* Introducing Imperial on Greenwich, a new modern 38 unit condo complex located steps from popular Main Street, yet set back on spacious grounds. This new complex features one-level units, some with winter water views of peaceful Greenwich Cove, indoor parking garage on lower level, elevator to all floors, cardio room and reading room on 3rd. The units offer great natural light, open floor plans, fireplace in most units, hardwoods, kitchen with stainless steel appliances; in-unit laundry, beautiful modern finishes. Some units offer a balcony. Town water, gas, sewer, central air. Lovely walk to historic Main Street with popular restaurants, bars, shops, the waterfront with East Greenwich Yacht Club, marinas, waterfront dining, public water access for kayaking/SUP; Scalloptown Park; and easy access to Goddard State Park: 490 acres of beach, trails, golf, equestrian, and more; close to highways, airport, and centrally located to enjoy all of Rhode Island! Up to 2 pets under 50 lbs permitted. Taxes TBD. Projected completion November 2024. Photos are of model unit.
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Our Executive Mortgage Banker:
Our Insurance Division:
$529,900
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 | $423,920 | $423,920 | $423,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,820 | $2,785 | $3,575 |
Total Monthly Payment | $2,912 | $2,877 | $3,667 |
* 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.