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A beautifully updated home in the heart of Coventry. The perfect blend of comfort, convenience, and charm. Step inside to discover a home that's been thoughtfully updated throughout. Enjoy an updated kitchen with modern finishes, renovated baths, a new roof, and a brand-new septic system providing peace of mind for years to come. The outdoor space features a lovely garden area, perfect for relaxing or entertaining during warm Rhode Island evenings. With its spacious layout, this home is ideal for those looking for room to grow, gather, and make memories. Ideally located just 12 minutes from T. F. Green Airport, 30 minutes from the beach, and just over an hour from Boston, this property offers the best of both worlds: peaceful suburban living with easy access to major destinations. Whether you're hosting weekend get-togethers, enjoying a quiet night in, or commuting with ease, 37 Phillip Street offers everything you've been looking for in a forever home.
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Our Executive Mortgage Banker:
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$499,000
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 | $399,200 | $399,200 | $399,200 |
| 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 | 6.407% | 6.533% | 5.920% |
| Monthly Tax Payment | $465 | $465 | $465 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,393 | $2,490 | $3,288 |
| Total Monthly Payment | $2,933 | $3,030 | $3,828 |
* 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.