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Welcome home to this brand-new construction Colonial, perfectly situated in the heart of the Eden Park Neighborhood of Cranston. Designed with today's lifestyle in mind, the home offers open-concept layout. The kitchen is a true centerpiece, featuring shaker-style cabinetry, a large center island with granite counter tops, under-cabinet lighting, and energy-efficient appliances. A sun-filled dining area with a slider leading to the backyard opens to a beautiful paver patio, perfect for entertaining. Enjoy relaxing on the stunning front Farmer's porch. The living room is enhanced by raised paneling, while recessed lighting adds warmth and style throughout the home. A convenient first-floor laundry completes the main level. Upstairs, the primary bedroom is a private retreat featuring cathedral ceilings, a spacious walk-in closet, and a full primary bath with a walk-in tiled shower and glass doors. Built with comfort and efficiency in mind, this home includes energy-efficient heating & central air HVAC, a tankless on-demand hot water heater, and an irrigation system. An abundance of high-end updates and thoughtful finishing touches are found throughout. Located close to shopping, dining, and numerous local amenities, this exceptional new construction home is a rare opportunity to own in one of Cranston's most desirable locations! Use 14 Dale Ave. for directions & it will be next door. Taxes have not yet been determined & will be based on assessed value upon property completion.
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$624,900
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 | $499,920 | $499,920 | $499,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,761 | $2,957 | $3,986 |
| Total Monthly Payment | $2,853 | $3,049 | $4,078 |
* 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.