Welcome to the Riverbank Luxury Apartments, a beautifully restored historic property in downtown New London, located in the heart of shops, restaurants, and nightlife. Each brand-new unit boasts luxury appliances and access to a rooftop deck and fitness room. Embrace the building's unique character and attention to detail, with high-end finishes and modern amenities. This prime location is also incredibly convenient, with close proximity to Electric Boat, the commuter train, and ferry. The Riverbank provides modern amenities unlike anything seen in downtown New London. Adjacent parking, on-site gym, resident lobby, mail room, bike room and rentable storage lockers. Our dynamic roof deck will provide downtown and water views and room and areas for all sorts of outdoor tenant recreation. Be the first to experience the amenities within The Riverbank and the city scene at your doorstep. Commercial tenants include hometown brewery Tox Brewing and the community favorite music store, the Telegraph.
Type | Level |
---|---|
Bedroom 1 | Main |
Living Room | Main |
Primary Bedroom | Main |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$2,450
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $1,960 | $1,960 | $1,960 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $14 | $13 | $17 |
Total Monthly Payment | $89 | $88 | $92 |
* 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.