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229 Medway Street, #205, Providence, RI, 02906 | $765,000
Welcome to Medway Place, a luxury 55+ condominium complex in beautiful Wayland Square. Conveniently located near the elevator, this spacious unit has beautiful views of the foliage and park out of the east facing windows. The fireplaced living room and kitchen allow for many ways to create a a flexible living space. The eat-in kitchen is large enough for a small breakfast table and has tons of cabinet and counter space. The open living and dining area can easily accommodate a table for 8 for larger gatherings. 2 generous bedrooms, each with their own bathrooms, are a hallmark of these condos and make this unit feel especially comfortable. A lovely 3 season room offers a space for a great reading nook or home office. Medway Place offers an entry lobby with concierge, security cameras and magnetic entry, 1 car garage spot, elevators, individual storage space, on-call handyman, and the perks of the close association with Bethany Home of RI, the adjacent A+ rated skilled nursing facility. Schedule a tour to understand more about this truly unique condo located in the heart of Wayland Square. Taxes reflect owner occupied exemption only. Other exemptions may apply.
Features
- Parking: 1-car
- Heating: Baseboard,Electric,Forced Air,Heat Pump,Zoned
- Cooling: Central Air,Heat Pump
- Amenities: Maintenance,Restaurant,Recreation Room,Concierge,StorageConcierge,Clubhouse,Golf,Highway Access,Marina,Maintenance On-Site,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s),Sidewalks
- Rooms: 7
- Bedrooms: 2
- Baths: 2 full
- Laundry: In Unit
- Complex: Wayland Square / East Side of Prov
- Year Built: 1985
- Common Charge: $1,465 Monthly
- Approx Sq. Feet: 1,517
- Est. Taxes: $4,017
- Lot Desc: Cul-De-Sac,Private,Secluded,Sprinkler System
- Adult Communities: Yes
- Pets Allowed: Yes
- Appliances: Dryer,Dishwasher,Electric Water Heater,Oven,Range,Refrigerator,Range Hood,Water Heater,Washer
- MLS#: 1372626
- Website: https://www.raveis.com
/prop/1372626/229medwaystreet_providence_ri?source=qrflyer
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Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 7654
401.474.4879
Whitney.Rugg@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
229 Medway Street, #205, Providence, RI, 02906
$765,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Whitney Rugg
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 | $612,000 | $612,000 | $612,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
| Monthly Tax Payment | $335 | $335 | $335 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,175 | $4,068 | $5,161 |
| Total Monthly Payment | $4,602 | $4,495 | $5,588 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB