CONSTRUCTED 2019 SEABREEZE MODEL WITH UPGRADES! Located in the premier South Shore Village 55 plus community, the two bedroom, two bathroom and in addition this model offers a multi purpose den, plus an open concept kitchen/dining/living area. Numerous upgrades, totally over $50, 000 include: Primary ensuite complete with an Infinity shower, upgraded wood hood with cooktop, Gallery package appliances, including built in microwave/oven, upgraded kitchen cabinetry, kitchen tile backsplash, plantation shutters, SunSetter awning, enlarged deck 10'x16', wide plank Historic Oak Ash flooring throughout to name a few. Enjoy the right balance of owning your own property within the association which offers care-free living. South Shore Village complex offers first-rate amenities; a community center, indoor/outdoor saltwater pools, custom-designed Orca bar, state-of-the-art fitness center, walking trails, a 9-hole golf course/driving range. South Shore Village is ideally located in South Kingstown and minutes from area beaches, restaurants, and South County lifestyle. Capture the morning light and sit back to enjoy this pristine unit as well as the amenities the famed complex offers nestled in Southern South Kingstown.
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Our Executive Mortgage Banker:
Our Insurance Division:
$719,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $575,200 | $575,200 | $575,200 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $465 | $465 | $465 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,827 | $3,823 | $4,851 |
Total Monthly Payment | $4,384 | $4,380 | $5,408 |
* 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.