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BEST OFFERS DUE THURS 1/22 at 10AM. Are you ready to make your life easier? Come see this beautiful Move-in Ready 2-bedroom, 1. 5-bath Townhouse in sought after Lockwood Condos in Nausauket! Spacious kitchen w/ newer stainless appliances, plenty of counter space & storage plus large eat-in breakfast bar flowing into a lovely open concept dining area & living room. The first floor also features an updated half bath, separate in-unit full-size laundry & roomy coat closet. Head upstairs to find a generous primary bedroom w/ large double closet, a full bath with shower/tub combo, hallway linen closet & second spacious open bedroom w/ a giant double closet & 2 skylights. This unit also offers Central Air, newer windows, newer carpets, new water heater & 4 year old roof! Enjoy the meticulously manicured grounds of Lockwood, 2 unassigned parking spaces (plenty of guest parking also) plus a private storage locker for your seasonal items, bike, etc. The condo fee covers just about everything water, sewer, basic cable, landscaping, snow removal & trash pickup. Ideally located in the Nausauket area of Warwick, just minutes from Warwick City Park, Arnold's Neck Waterfront Park & Estuary on Apponaug Cove (canoes/kayaks can be launched from park plus great bird watching!), Ponaug Marina, Buttonwoods Beach & EG Main Street. Easy access to TF Green Airport, commuter train station, shopping & dining. Great opportunity to own your own home instead of paying someone else's mortgage!
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$249,999
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 | $199,999 | $199,999 | $199,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.292% | 5.628% |
| Monthly Tax Payment | $184 | $184 | $184 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,136 | $1,215 | $1,621 |
| Total Monthly Payment | $1,395 | $1,474 | $1,880 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.