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SEE AVAILABLE MODEL 33 CASSIDY TRAIL, COVENTRY, RI FOR OPEN HOUSE. LAST HOME AVAILABLE!! Imagine building your dream home in The Oaks at Hope Furnace, one of Kent County's most desirable new neighborhoods. This community of 32 homesites surrounded by 45+ acres of preserved open space has already sold 31 homes, leaving just three opportunities remaining. Two homes are completed & available for immediate occupancy, allowing buyers to tour finished floor plans & experience the craftsmanship firsthand. This Willow model is the final opportunity to build in the neighborhood, with the foundation already in place & the ability to personalize finishes including cabinetry, countertops, flooring, backsplash, appliances & paint. Set on a private 1+ acre homesite, this 4 bedroom, 2. 5 bath Colonial with approx. 2, 470 sq ft blends timeless architecture with modern living. The open first floor features a quartz kitchen with center island & breakfast area flowing into the fireplaced family room. Sliders from the dining area lead to a large composite deck overlooking the backyard. A formal dining room with tray ceiling & millwork plus a private office or den add flexibility. Upstairs offers a spacious primary suite with walk-in closet & tiled shower bath with double vanity, along with three additional bedrooms, full bath, 2nd floor laundry room. Minutes to Washington Oak Elementary School, the Washington Secondary Bike Path, Johnson's Pond, the Centre of New England & about 12 minutes to I95.
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$839,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $671,920 | $671,920 | $671,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,763 | $4,083 | $5,625 |
| Total Monthly Payment | $3,855 | $4,175 | $5,717 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.