Welcome to the charm and tranquility of 60 Tower Hill Road in the picturesque town of Tiverton, RI. This delightful colonial saltbox, built in 1990, offers a serene retreat for those looking for their dream principal residence or a cherished second home. Nestled on nearly an acre of land (40, 000 square feet), this single-family residence boasts 2, 258 square feet of living space. The open family room, dining area, and kitchen provide a seamless space for entertaining and family gatherings, while the large back deck overlooks a private yard, an ideal setting for outdoor relaxation or hosting summer barbecues. The residence accommodates four spacious bedrooms, including a large primary bedroom complete with an ensuite bathroom. The additional 1. 5 bathrooms ensure comfort and privacy for both family members and guests. The front living room, with its inviting wood-burning fireplace, is the perfect spot to cozy up during cooler evenings, while the first-floor office space offers a quiet corner for work or study. The well-appointed kitchen features a large island, granite countertops, tile flooring, stainless appliances, and beautiful cherry cabinets. A deep full basement with doors opening to the yard holds great potential for being finished, providing additional living space or storage. Parking will never be an issue with ample space for 4+ cars. The property's location is a stone's throw away from schools, shopping, and restaurants, making it as convenient as it is charming.
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Our Executive Mortgage Banker:
Our Insurance Division:
$630,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $504,000 | $504,000 | $504,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | $520 | $520 | $520 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,269 | $3,227 | $4,185 |
Total Monthly Payment | $3,881 | $3,839 | $4,797 |
* 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.