Seller says sell it this weekend! Master Bath is being refreshed as we speak!(no pics available yet) This meticulously maintained home offers a perfect blend of modern comforts and coastal elegance, making it an ideal sanctuary for those seeking tranquility and convenience. As you step inside, you are greeted by an inviting ambiance filled with natural light and coastal vibes. The home boasts over $50k in recent updates, all-new AC components(inside & out), new boiler & zone valves, and hot water tank; providing peace of mind and efficiency for years to come. This residence exudes timeless appeal, with its exterior having been tastefully painted in 2023, adding to its curb appeal and ensuring lasting beauty. Situated on a serene street, the home offers stunning views of the bay, providing a daily reminder of the beauty of coastal living. One of the highlights of this property is the bonus room above the garage, offering versatile space that can be tailored to suit your needs. Another highlight is an enormous composite deck spanning the length of the home. Convenience is key with a spacious 2-car garage, providing ample storage and parking space for vehicles and outdoor gear. Seamlessly blending comfort, style, and functionality, 42 Lepes Road presents a rare opportunity to own a piece of coastal paradise in Portsmouth, RI. All this for UNDER $300/sq ft! Don't miss your chance to make this exceptional property your own schedule a showing today!
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William Raveis Real Estate
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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 | $708,000 | $708,000 | $708,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 7.014% | 6.790% |
Monthly Tax Payment | $669 | $669 | $669 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,302 | $4,651 | $6,216 |
Total Monthly Payment | $5,063 | $5,412 | $6,977 |
* 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.