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Charming 3BR, 2BA Cape Cod located in the quaint village of Ashaway, offering easy access to local amenities and the Rhode Island shoreline. Gleaming hardwood floors run throughout the main living areas. Enter into a bright living room to the right, filled with natural light from oversized windows, while the dining room to the left flows seamlessly into the kitchen. The kitchen provides direct access to a large covered porch, ideal for morning coffee or evening cocktails. A first-floor bedroom and full bath are tucked in the back of the house, offering flexible living options. The second level features an additional full bathroom and two spacious bedrooms, including one with direct access to the full bathroom and a private balcony with backyard views. Convenient access to Interstate 95 makes this home an easy commute while still enjoying a peaceful village setting.
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Our Executive Mortgage Banker:
Our Insurance Division:
$385,000
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 | $308,000 | $308,000 | $308,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.137% | 6.132% | 5.396% |
| Monthly Tax Payment | $329 | $329 | $329 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,725 | $1,845 | $2,456 |
| Total Monthly Payment | $2,129 | $2,249 | $2,860 |
* 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.