3 Big River Road, Coventry, RI, 02816 | $839,900

This home is in Coventry regardless of what Zillow tells you. They can't seem to get it right. RILiving has accurate info. Correct address is 3 Big River Road, Coventry.

New Construction 4 Bedroom, 3 Full bathroom Victorian Colonial. Seller Financing available on this property at 4. 5% to qualified buyers. Beautiful new private road private subdivision in Coventry - Big River Estates. Tranquil and quiet abutting Big River Preserve. Builders lot 2 under construction with estimated June 2024 Completion. This sprawling new construction 4 bed, 3 bath 2620 Sf Colonial boasts beautiful steep roof lines and a master suite that is magnificent with cathedral ceilings. Large yard. Luxury vinyl flooring, white shaker kitchen with large center island w/wine fridge. Stainless appliance package, 1st floor office, gas fireplace, 3 spacious bedrooms all with walk in closets, and very Large Master suite with 2 walk in closets, relaxing composite front porch, 1st floor full bath, large rear composite deck, laundry room on bedroom level, 2 car garage, and more. 10 home sites on 70 acres with open space galore surrounding you. Extremely quiet out there. 4 miles - 7 minutes to I-95. Taxes yet to be determined. The interior photos shown here are from a previous build of the same floor plan of the home.

Features

  • Amenities: Golf
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 3 full
  • Style: Colonial
  • Year Built: 2023
  • Garage: 2-car Attached,Garage
  • Heating: Forced Air,Propane
  • Cooling: Central Air
  • Basement: Exterior Entry,Full,Interior Entry,Unfinished
  • Approx Sq. Feet: 2,620
  • Acreage: 1
  • Est. Taxes: $2,350
  • HOA Fee: $50 Monthly
  • Lot Desc: Cul-De-Sac
  • Appliances: Electric Water Heater,Microwave,Oven,Range,Refrigerator,Range Hood,Water Heater
  • MLS#: 1352613
  • Website: https://www.raveis.com
    /prop/1352613/3bigriverroad_coventry_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Padula Properties, Inc.   Phone: 401-828-7500

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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

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Our Insurance Division:

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3 Big River Road, Coventry, RI, 02816

$839,900

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $671,920 $671,920 $671,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.375% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.229% 6.486% 6.307%
Monthly Tax Payment $196 $196 $196
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,868 $4,192 $5,716
Total Monthly Payment $4,156 $4,480 $6,004

* 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.