Turnkey in every way, this 5 bed, 3. 1 bath colonial is the perfect option for you. Nestled in the wonderful town of East Greenwich, minutes from the traditional downtown Main Street, as well as the restaurants and marinas on the waterfront, you are sure to enjoy the lifestyle that living at 532 Shippeetown will offer you. Working from home? The first floor office is the perfect spot for you, offering privacy with french doors separating the space from the rest of the living area. Looking for an open layout? Enjoy living in style in the large living room, complete with gas fireplace, that opens up to a majestic kitchen. How about outdoor space? An oversized deck leads to one of the largest, flattest back yards East Greenwich has to offer. Also, if you are into cars or just need extra storage, you will love the true, 3-car garage. Back inside, you will find 5 large bedrooms and 3 full baths, all on the second level! Don't forget the beautifully finished basement space to complete the value that this home has to offer. This is the one, don't wait!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.851% | 6.664% |
Monthly Tax Payment | $1,241 | $1,241 | $1,241 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,076 | $6,486 | $8,711 |
Total Monthly Payment | $7,442 | $7,852 | $10,077 |
* 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.