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14 Recess Lane, Warwick, RI, 02886 | $605,000
Don't miss this rare opportunity to own a brand new, single level home in one of Warwick's most sought-after neighborhoods! 14 Recess Lane is almost ready for its first owners! This single level home offers 3 beds, 2 baths and a gorgeous open floor plan featuring spacious living and dining areas, and a huge kitchen with stainless appliances and solid surface countertops. The primary suite has a huge walk in closet and a gorgeous tiled shower in the private bath. This home sits on a flat, beautifully landscaped lot, adjacent to other brand new homes. The home's full basement with provides a full 1, 500 square feet of storage or future potential finished space. . . the possibilities are endless. All of the homes in this neighborhood feature 35-year architectural roofs and 30 year siding for maintenance free exteriors, high efficiency forced hot air heating systems, central air conditioning, tankless hot water heaters, and 200 amp electrical service. The neighborhood also offers city water, sewer, gas, and sanitation services. Landscaping will include hydroseeded lawns, foundation shrubbery and a pretty tree on each lot, when weather allows for planting. Call today! . ** PLEASE NOTE: Since this is a new neighborhood, Recess Lane doesn't always show up on GPS or other online maps. This home is located near the Dave's Marketplace on Airport Road at Hoxie 4-corners - Recess Lane is a new street that runs parallel to Hoxie Avenue and Harmony Court **
Features
- Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
- Rooms: 8
- Bedrooms: 3
- Baths: 2 full
- Style: Ranch
- Year Built: 2024
- Garage: 2-car Attached,Garage
- Heating: Forced Air,Gas
- Cooling: Central Air
- Basement: Full,Interior Entry,Unfinished
- Approx Sq. Feet: 1,545
- Acreage: 0.17
- Est. Taxes: $0
- Appliances: Dishwasher,Exhaust Fan,Disposal,Gas Water Heater,Microwave,Oven,Range,Refrigerator
- MLS#: 1404484
- Website: https://www.raveis.com
/eprop/1404484/14recesslane_warwick_ri?source=qrflyer
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William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
14 Recess Lane, Warwick, RI, 02886
$605,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $484,000 | $484,000 | $484,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.161% | 6.120% | 5.541% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,710 | $2,899 | $3,891 |
| Total Monthly Payment | $2,802 | $2,991 | $3,983 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB