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Welcome to this brand-new Colonial set on a desirable corner lot in Cumberland. This 3 bedroom floor plan offers the peace of mind and low-maintenance lifestyle that only new construction can provide, all in a convenient location close to everyday amenities. Step inside to a luxurious kitchen featuring quartz countertops, a spacious center island, quality cabinetry, & abundant storage, seamlessly open to the dining area and foyer, perfect for modern living and entertaining. Beautiful hardwood floors and ample natural light flow throughout. The first level also includes a cozy living room and tasteful half bath. Upstairs, the flexible layout allows for three bedrooms; with a 2-bedroom septic, the 3rd room is currently presented as an open office, den, or flex space. The primary suite impresses with a gorgeous ensuite bath and walk-in closet. A second full bath & laundry closet complete the upper level. The unfinished walkout basement offers excellent potential for future expansion. Located in the reputable Cumberland School District with an easy commute to both Providence & Boston. Shopping, parks, trails, & all other major conveniences nearby! Inquire on this stunning new home today!
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$595,000
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 | $476,000 | $476,000 | $476,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.168% | 5.541% |
| Monthly Tax Payment | $433 | $433 | $433 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,703 | $2,851 | $3,826 |
| Total Monthly Payment | $3,228 | $3,376 | $4,351 |
* 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.