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oPEN HOUSE SATURDAY 3/14, 12PM-1PM. Enjoy the ease of one-level living in this 3BR, 1BA ranch offering practical updates and low-maintenance features throughout. The home features durable shingle-style vinyl siding, and a single energy-efficient mini-split unit providing both heating and cooling for added comfort. The layout offers a bright living area, an eat-in kitchen, and three bedrooms ideal for efficient living, guest space, or a home office. A brand-new deck extends your living space outdoors, perfect for relaxing or entertaining. The lower level adds valuable versatility, offering ample storage, workshop space, or exciting finishing potential for additional living area, recreation space, or hobby use. Connected to town water and town sewer for added convenience, this property is designed for simple, low-maintenance ownership. Ideally located with easy access to Route 78 and the Connecticut border, and just minutes to historic downtown Westerly. Enjoy nearby vibrant shops, restaurants, and local favorites including the United Theatre and beautiful Wilcox Park. A smart alternative to renting why rent when you could own?
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Our Executive Mortgage Banker:
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$449,000
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 | $359,200 | $359,200 | $359,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.419% | 5.668% |
| Monthly Tax Payment | $208 | $208 | $208 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,125 | $2,212 | $2,911 |
| Total Monthly Payment | $2,408 | $2,495 | $3,194 |
* 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.