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Mid Century 1950's cape design home with a sprawling interior layout offering potential for either dual primary suites on the main level or large home office with isolated access to garage entry and a half bath. Pleasant simplicity with distinguished characteristics of small spaces creating functional zones, such as, a formal dining room with a fireplace setting and a pleasant family room with a wood stove insert and a cathedralled sitting area with access to a glass enclosed sunroom with natural flagstone flooring leading to a private partial fenced yard. Second level bunk room layout has additional bedrooms, common living space and a second full bath. The homesite is on just over a half-acre of land, has a storage shed, a pool cabana with pool in need of repair and a huge 2 car garage with a third tandem overhead door accessing the backyard. This is an ideal location to work from the house or have quick access to RT 4, rail system at Wickford Junction and supermarkets. Partially finished basement.
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$670,000
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 | $536,000 | $536,000 | $536,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $509 | $509 | $509 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,210 | $3,344 | $4,415 |
| Total Monthly Payment | $3,811 | $3,945 | $5,016 |
* 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.