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LEARN HOW YOU CAN GET A 3. 99% Home Loan (if you hurry) on this 3-4 BR Cape with a HUGE Yard in a GREAT NEIGHBORHOOD!!
Don't WAIT ON This One! This is a very well cared for 3-4br / 2 full bath Cape with nearly half an acre of space - and in one of Coventry's best neighborhoods - Wood Estates, is exactly where you WANT TO BE! The Residents of Wood Estates enjoy YEAR ROUND ACCESS TO JOHNSON'S POND! You'll enjoy fishing, kayaking, paddle boarding, swimming, the Beach at Johnson's Pond as well as picnic areas, and LOTS of great planned community events! This home features a Full basement with a finished bonus room. The Roof, AC, and Heating system are all only 6 years old. The Electrical service has been updated to 200amp service and a new bulkhead has been installed. Parking for up to 8 cars off street and priced right in the sweet spot, this is a perfect opportunity to live and own in Wood Estates! (OPEN HOUSES CANCELLED - UNDER AGREEMENT ACCEPTING BACKUP OFFERS)
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$489,000
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 | $391,200 | $391,200 | $391,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.520% | 5.900% |
| Monthly Tax Payment | $496 | $496 | $496 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,345 | $2,441 | $3,222 |
| Total Monthly Payment | $2,916 | $3,012 | $3,793 |
* 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.