Welcome to the Lofts at Allen Street! Don't miss your chance to call this beautiful historic mill home. This corner unit includes exposed wood beams, red brick exterior walls, gleaming hardwood floors, large mill style windows, and high ceilings. Entering into the unit you are greeted in your open and spacious kitchen which leads right into your sun soaked living room, perfect for entertaining. Off of the living area, you will find your large bedroom with plenty of space for a small office or reading nook, perfect for creating that work-life balance. Your full bathroom has two entrances, one from the bedroom, and one on for guests to enter. These units are pet friendly (with restrictions) In unit laundry, large double closet for storage, central air and gas heat are all attractive features this cozy home has to offer. Pride of ownership shines through. Looking to unwind? Step outside and take in the tranquil views and sounds of the Blackstone River. 99 Allen Street has so much to offer including beautiful landscaped grounds, outdoor seating areas and community grills to BBQ, a gym, cozy lounge area and gathering room, and an additional storage unit in basement. Welcome home to one of Northern Rhode Island's premier mill conversion condominium communities. Showings start right away (by appointment). Don't wait on this one!
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$270,000
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 | $216,000 | $216,000 | $216,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $211 | $211 | $211 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,437 | $1,436 | $1,852 |
Total Monthly Payment | $1,723 | $1,722 | $2,138 |
* 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.