Riverfront Estates at East Point is Rhode Island's premier luxury waterfront development. Located in the Philipsdale district of Rumford along the Seekonk River, this single-family condo has unobstructed water views of the Seekonk River and the Blackstone Boulevard state park. East Providence's revival has great new restaurants and waterfront activity, bike paths and golf courses all within walking distance. A five-minute drive to Providence's Wayland Square over the new Henderson Bridge, this brand-new Single family style condo has over 2200 sf with an open first floor plan featuring a waterfall edge quartz countertop, Thermador appliances, shiplap gas fireplace, an in-home elevator, large outdoor deck and a two-car garage. The second level has 2 full beds with balconies, 2 full baths and an office which could serve as an additional bedroom. Phase 1 is under construction now with direct waterfront access and views. Available now for occupancy.
Designed, built and developed by Churchill & Banks, Riverfront Estates at East Point will be the encore to Kettle Point, it's previous luxury waterfront community.
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$1,100,000
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 | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,066 | $5,562 | $7,426 |
Total Monthly Payment | $5,191 | $5,687 | $7,551 |
* 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.