Breathtaking views await at this waterside, west-facing luxury condo at The Tower at Carnegie Abbey. The commanding views stretch for miles with stunning sunsets from every window. With a private elevator entrance to the unit, the lifestyle offers privacy and convenience. The Bristol floorplan provides two bedrooms, a den/home office, three full baths , and an open concept living - all facing Narragansett Bay. The interior has been freshly painted and new carpeting installed in the bedrooms and den. The ten foot marble kitchen island adds plenty of entertaining space for family and friends. The gas fireplace completes the living space to add a touch of warmth on cool evenings. Tower residency includes access and use of a gymnasium, luxurious Olympic-sized pool pavilion, outdoor grilling area, conference room with kitchen, concierge and gated security.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,149,000
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 | $919,200 | $919,200 | $919,200 |
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 | $776 | $776 | $776 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,291 | $5,810 | $7,757 |
Total Monthly Payment | $6,192 | $6,711 | $8,658 |
* 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.