48 Colvintown Road, Coventry, RI, 02816 | $499,900

BACK ON THE MARKET! Buyer's financing fell through due to personal reasons their loss is your gain! Colvintown neighborhood - where charm, privacy, and modern updates converge on a stunning 2. 1-acre lot complete with your own peaceful, scenic small pond. Enjoy ultimate peace of mind with updates already completed - newer septic system, newer roof, newer garage doors and updated windows. Modern kitchen thoughtfully renovated with style and functionality in mind. With 1, 326 square feet of cozy interior space plus an additional 280 square feet sunroom, this layout adapts perfectly to your lifestyle. Main level flexibility includes a desirable first-floor bedroom perfect for guests, a home office, or convenient one level living. Upper level has two additional bright and comfortable bedrooms. The open-concept kitchen and dining area flow effortlessly into a bright, sun-drenched three-season sunroom lined with newer windows is the ultimate spot to relax, entertain, and take in tranquil views of your private outdoor retreat. This property offers rare and exceptional storage flexibility with its integral 1-car garage for daily convenience and massive detached 2-car garage/outbuilding an absolute dream for car enthusiasts, hobbyists, a workshop, massive storage, or potential in-law conversion. Possible ADU?? Surrounded by natural beauty yet close to modern conveniences, this property presents a rare opportunity to enjoy peaceful country living at its finest. Come see this home!

Features

  • Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Pool,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 1 full
  • Style: Cape Cod
  • Year Built: 1960
  • Garage: 3-car Built In,Detached,Garage
  • Heating: Forced Air,Gas
  • Cooling: None
  • Basement: Exterior Entry,Full,Interior Entry,Unfinished
  • Approx Sq. Feet: 1,326
  • Acreage: 2.1
  • Est. Taxes: $6,399
  • Appliances: Dishwasher,Microwave,Oven,Range,Refrigerator,Water Heater
  • MLS#: 1409585
  • Website: https://www.raveis.com
    /prop/1409585/48colvintownroad_coventry_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

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Linda NolfSales Associate

860.227.8028

Linda.Nolf@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 10930

203.641.8287

Dave.Beckman@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

Heidi SummaInsurance Sales Director, William Raveis Insurance

860.919.8074

Heidi.Summa@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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

48 Colvintown Road, Coventry, RI, 02816

$499,900

Linda Nolf

Sales Associate

William Raveis Real Estate

Phone: 860.227.8028

Linda.Nolf@raveis.com

Dave Beckman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.641.8287

Dave.Beckman@raveis.com

NMLS Mortgage Loan Originator ID 10930

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,920 $399,920 $399,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.512% 5.866%
Monthly Tax Payment $533 $533 $533
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,395 $2,495 $3,294
Total Monthly Payment $3,003 $3,103 $3,902

* 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.