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Newly renovated residential property with an additional outbuilding, zoned residential/commercial. Residential building, 1 full bath new fixtures and new vinyl flooring, 1 half bath new fixtures and cherry flooring, kitchen with oak hardwood flooring, living room with cherry flooring, 2 bedrooms with new vinyl flooring, stairway cherry flooring, fresh paint throughout. Laundry room with water and electric hookups. Utility room with new hot water heater, new water tank and new water filtration system, along with a 200-amp service. Electric heat, with each room having its own zone including separate zone in the laundry room. Ready to move in. Outbuilding has lots of possibilities. Use it as a garage and workshop, zoned commercial with the possibilities of starting your own business with multiple parking spots. Electricity to the outbuilding, as well as water and septic hookups. One portion has a bluestone flooring. The possibilities are only limited by one's imagination. Attic of the outbuilding has possibilities for storage and or office if needed. It's kind of a blank pallet to adapt it to your needs. Great school system, close to shopping, 20 minutes to Providence. Only 5 minutes away from the elementary school, new library coming soon and new police station being built. Lots of conveniences, despite the rural living of Foster, RI.
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$349,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $279,200 | $279,200 | $279,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $343 | $343 | $343 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,542 | $1,652 | $2,226 |
| Total Monthly Payment | $1,960 | $2,070 | $2,644 |
* 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.