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Experience modern comfort and historic charm at 40 Sycamore, formerly known as the Thomas Sawyer House. Located in Providence's sought-after West Broadway/Armory district, this beautifully revived home is steps from top restaurants, coffee shops, and parks. The gracious owner's unit spans two impressive floors, featuring high ceilings, a grand dining and living area, two original marble fireplaces, a stunning mahogany staircase, and a tastefully updated eat-in kitchen. With four bedrooms include a luxurious master ensuite and a convenient first-floor bedroom- this unit is designed for both elegance and functionality. The fully renovated third floor offers a versatile 2-bedroom apartment or in-law suite. Modern heating and cooling systems run throughout, and the basement provides over 1, 000 square feet of finished space with high ceilings. Historic details and character abound throughout, creating an inviting atmosphere. Outside, enjoy a three-car garage with ADU potential and a tranquil patio and green space. Whether you're an owner-occupant or investor, this property is a rare opportunity with strong Airbnb income history over the past three years. Don't miss this exceptional opportunity to own a remarkable Providence home!
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Our Executive Mortgage Banker:
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$1,349,995
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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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 | $1,079,996 | $1,079,996 | $1,079,996 |
| 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 | $890 | $890 | $890 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,048 | $6,562 | $9,041 |
| Total Monthly Payment | $7,063 | $7,577 | $10,056 |
* 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.