Introducing [225 Weybosset St Condos @ PPAC Square] an exclusive mixed-use boutique condominium development featuring (16) loft style units in the heart of Downtown Providence's vibrant Arts & Theater District. This premium corner unit (2Bed/2Bath) boasts an open, versatile layout ideal for live/work functionality, with soaring ceilings, oversized windows, wood-paneled walls, and beautiful hardwood floors throughout. The modern kitchen, equipped with stainless steel appliances and butcher block countertops, seamlessly flows into the main living area perfect for entertaining. Designed for privacy, the spacious primary suite features double-door closets and an elegant, tile bathroom with a classic pedestal sink and an oversized walk-in glass shower. The guest bedroom offers flexibility as a home office, studio, or gym, with a second full bathroom featuring white ceramic tile and a walk-in shower. Additional conveniences include in-unit laundry, central A/C, and a private storage space. Professionally managed, the building showcases stunning architectural elements and historic details. Nestled in the heart of Downcity Providence, you're steps away from premier dining, shopping, and entertainment, as well as walking distance to all the local Universities, historic College Hill, green spaces along the Providence Riverwalk, and the East Bay bike path. Minutes from the train station, hospitals, and highway access, this unit offers a rare opportunity for urban living at its finest.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 | $440,000 | $440,000 | $440,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $565 | $565 | $565 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,711 |
Total Monthly Payment | $3,584 | $3,581 | $4,368 |
* 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.