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Presented by
Windward & Main Realty Group |
BEST price around for direct waterfront in all of RI! Lakefront Living on nearly an Acre! Direct lake access is to the left of the aerial pictures. Welcome to your year-round waterfront getaway on Wilson's Reservoir! Enjoy single level living with this 2 bed, 1 bath ranch that sits on nearly a full acre; an incredibly rare find for a lakefront property. The home features a brand new, single-layer roof with a transferable warranty, an 8-year-old 3-bedroom septic system, and a 2-year-old high-efficiency propane wall-mounted boiler with on-demand hot water. There's even potential to expand into a 3-bedroom layout. There's plenty of space to add an attached garage with a potential ADU above it. With parking for 14+ vehicles, it's perfect for gatherings and guests. Step out your back door to enjoy boating, jet skiing, kayaking, swimming, sailing, and fishing in the summer, or ice fishing, skating, and snowmobiling all winter long. Whether you're seeking peaceful lakeside relaxation or year-round adventure, this home has it all! 3 season room has a cracked foundation. Price reflects this. No issues were found with the main house foundation.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$399,900
Luxury Properties Specialists
William Raveis Real Estate
Phone: 978.566.1729
WindwardMain@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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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 | $319,920 | $319,920 | $319,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | $285 | $285 | $285 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,892 | $1,996 | $2,614 |
| Total Monthly Payment | $2,252 | $2,356 | $2,974 |
* 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.