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Welcome to 318 Corey Lane, a beautifully maintained, single-level condominium in the desirable Whitehall Farm community of Middletown, RI. Perfect as a second home or for those seeking the ease of one-level living, this 2-bedroom, 2-bath unit offers comfort, convenience, and style just minutes from beaches, shopping, and downtown Newport. Step into a wide, tiled entry with a generous double coat closet, setting the tone for the spacious layout inside. The living room features vaulted ceilings, a cozy wood-burning fireplace, and flows seamlessly into a sunroom ideal for relaxing with morning coffee or evening entertaining. Plantation shutters throughout most windows provide privacy and timeless appeal. The dining area, with a full wall of closets, opens to a well-appointed kitchen. The primary suite offers a beautifully updated bathroom with a custom-tiled shower and built-in bench, while the large second bedroom boasts ample closet space and a full bath directly across the hall. Additional highlights include a convenient stack laundry unit, central air conditioning, gas heat, and on-demand hot water. Enjoy peace of mind with new siding, roof, and gutters installed in 2020. The attached garage provides attic storage via pull-down stairs, plus tandem parking for two more cars. Surrounded by professionally landscaped, well-kept grounds, this free-standing condominium offers a serene lifestyle close to the very best of Aquidneck Island. Schedule your private tour today!
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$649,000
William Raveis Real Estate
Phone: 888.699.8876
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William Raveis Mortgage, LLC
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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 | $519,200 | $519,200 | $519,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.398% | 5.710% |
| Monthly Tax Payment | $481 | $481 | $481 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,071 | $3,197 | $4,240 |
| Total Monthly Payment | $3,643 | $3,769 | $4,812 |
* 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.