408 Fair Street, Warwick, RI, 02888 | $619,900

**OFFERS DUE SUNDAY EVENING 2/22/26 BY 6PM** Welcome Home to this gorgeous 1940 Gabled Colonial! Enjoy its perfect location less than 1 mile from the historic and popular Pawtuxet Village with its notorious restaurants, shops and marinas as well as large community events such as Gaspee Days! 408 Fair St is sure to delight you the moment you pull up to it with its East Side charm inside with gorgeous detail that exudes from every angle. The love and care that has filled these walls by its current family is felt and seen throughout with its mix between modern day flair and 1940's charm. The character of its design coupled with the thoughtful layout provides for both a warm environment to relax and a delightful home to entertain in it as it has for so many years with friends and family during the holidays and special events. This corner lot is just the right size with its large 2 car garage, large deck and quaint covered front porch adding to its charm and desirability. Stroll through the lovely back and side yards with its English garden like appeal with well thought out plantings irrigated by an 8 zone sprinkler system. While the home is heated by oil, it benefits from already being connected to natural gas which serves the hot water tank. Immerse yourselves in the charm, character and comfort of 408 Fair St and enjoy the warm days and community events just ahead!

Features

  • Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Sidewalks
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 2 full
  • Style: Colonial
  • Year Built: 1940
  • Garage: 2-car Detached,Garage
  • Heating: Oil,Steam
  • Cooling: Item1Unit
  • Basement: Full,Interior Entry,Partially Finished
  • Approx Sq. Feet: 3,002
  • Acreage: 0.14
  • Est. Taxes: $6,026
  • Lot Desc: Corner Lot,Sprinkler System
  • Appliances: Dryer,Dishwasher,Gas Water Heater
  • MLS#: 1404741
  • Website: https://www.raveis.com
    /eprop/1404741/408fairstreet_warwick_ri?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

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.

Joseph KnoxSales Associate

978.852.9479

Joseph.Knox@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.

Joanne O'KeefeVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 38342

978.314.1072

Joanne.OKeefe@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

Jennifer HartRegional Sales Manager, William Raveis Insurance

978.457.6220

Jennifer.Hart@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

408 Fair Street, Warwick, RI, 02888

$619,900

Joseph Knox

Sales Associate

William Raveis Real Estate

Phone: 978.852.9479

Joseph.Knox@raveis.com

Joanne O'Keefe

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 978.314.1072

Joanne.OKeefe@raveis.com

NMLS Mortgage Loan Originator ID 38342

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $495,920 $495,920 $495,920
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 $502 $502 $502
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,738 $2,934 $3,954
Total Monthly Payment $3,332 $3,528 $4,548

* 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.