Pre-Construction Pricing for
1st Floor: $185/SF
1.Sample Financing Owner Occupant
- 20% Down
- 6.5% interest rate
- 10-year rate term with rate adjustment after 5 years
- 25-year amortization
- ½% to 1% loan origination fee
- $462,500 Purchase Price ($185/SF)
- $92,500 20% Down Payment
- $370,000 Loan Amount
- $2,498.27 Monthly Payment
- Annual mortgage costs (P&I)
$11.99/SF
- Estimate of Condo Operating Expenses $2.00
- Taxes (stabilized) $1.59
- Utilities (Gas & Electric) $1.50
- Insurance $0.20
- Janitorial (Owner option)
- Total Expenses $5.29
- Total Full Service Costs - $17.28
- Equivalent Class A Lease Rates:
- Riverside II - $22.75
- Snowden Executive Center - $22.75
- North Stafford Center - $22.50
- Centre Court - $24.00
Pre-Construction Pricing for
2nd Floor: $225/SF
1.Sample Financing Owner Occupant
- 20% Down
- 6.5% interest rate
- 10-year rate term with rate adjustment after 5 years
- 25-year amortization
- ½% to 1% loan origination fee
- $562,500 Purchase Price ($225/SF)
- $112,500 20% Down Payment
- $450,000 Loan Amount
- $3,038.43 Monthly Payment
- Annual mortgage costs (P&I)
$14.58/SF
- Estimate of Condo Operating Expenses $2.00
- Taxes (stabilized) $1.94
- Utilities (Gas & Electric) $1.50
- Insurance $0.20
- Janitorial (Owner option)
- Total Expenses $5.64
- Total Full Service Costs - $20.22
- Equivalent Class A Lease Rates:
- Riverside II - $22.75
- Snowden Executive Center - $22.75
- North Stafford Center - $22.50
- Centre Court - $24.00
Packages are subject to price change, omission, correction, prior sale or withdrawal. All information is from sources deemed reliable, but not guaranteed by agent. Pro Forma calculations are subject to change and exclusive of closing costs.
