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1 Tower Drive, #203, Portsmouth, RI, 02871 | $729,000
Welcome to Unit 203 an updated and move-in ready 2-bedroom, 2-bath condominium in one of Portsmouth's most desirable resort-style communities. Freshly painted in a soft, neutral palette and featuring brand-new plush carpeting in the bedrooms, this bright and inviting home offers comfortable living in a tranquil setting. New custom window treatments frame views of the resort-style pool and the Narragansett Bay beyond. Open Dining/Living room with cozy gas fireplace. The spacious primary suite includes ample closet space and an en-suite bath. The second bedroom is also ensuite. There is a full hallway bath for guests, plus an office/den. Private balconies off both bedrooms. The monthly HOA fee includes heat and hot water, offering effortless living. Residents benefit from an array of premium amenities, including a state-of-the-art fitness center, Olympic-sized pool pavilion, spa, children's wading pool, outdoor grilling area, conference room with kitchen, concierge services, and 24/7 gated security. Conveniently located just minutes from Newport and area beaches, this condo offers an ideal opportunity for year-round living, a weekend escape, or an investment property. World class golf, tennis and equestrian is located at the nearby Aquidneck Club (Membership required).
Features
- Parking: 1-car
- Heating: Forced Air,Gas,Individual
- Cooling: Central Air
- Amenities: Maintenance,Pool,Spa/Hot Tub,Concierge,Garden AreaConcierge,Golf,Highway Access,Marina,Maintenance On-Site,Near Schools,Pool,Public Transportation,Recreation Area,Shopping
- Rooms: 5
- Bedrooms: 2
- Baths: 3 full
- Laundry: In Unit
- Complex: Aquidneck Club
- Year Built: 2008
- Common Charge: $1,722 Monthly
- Approx Sq. Feet: 1,590
- Acreage: 5.01
- Est. Taxes: $6,023
- Lot Desc: Paved
- View: Saltwater,Water
- Pets Allowed: Yes
- Appliances: Dryer,Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator,Washer
- MLS#: 1385591
- Website: https://www.raveis.com
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William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1 Tower Drive, #203, Portsmouth, RI, 02871
$729,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $583,200 | $583,200 | $583,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.109% | 7.166% | 6.268% |
| Monthly Tax Payment | $502 | $502 | $502 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,734 | $3,876 | $4,918 |
| Total Monthly Payment | $4,328 | $4,470 | $5,512 |
* 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