Welcome to The High Rocks! This beautiful mill building with all its architectural detail offers this third floor unit located on the back side of the building. Gorgeous original mill flooring throughout the first floor including your primary bedroom. Tons of cabinet and counter space in the fully applianced kitchen. This unit has a second bedroom and a den/office space located in the loft. Because it's located on the third floor, this unit has high ceiling height! This unit comes with 1 deeded outdoor parking space, 1 deeded garage space and 2 deeded storage units! Your condo fees include gas for your heat, trash removal, snow removal, and all common area maintenance. Common areas include the gym, the game room, the library, and a rooftop deck. This exceptional mill building is centrally located right on the Rhode Island/Massachusetts line. Easy commute to Worcester and points North or Providence and points South! Subject to the seller closing on purchase property. ( purchase property has already been identified )
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Our Executive Mortgage Banker:
Our Insurance Division:
$419,000
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 | $335,200 | $335,200 | $335,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $367 | $367 | $367 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,315 | $2,228 | $2,827 |
Total Monthly Payment | $2,757 | $2,670 | $3,269 |
* 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.