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This new, unique raised-ranch style home, located at "40 Wickes Way, " will be complete and back ready for its very first owners in early May!! 40 Wickes Way is a brand new neighborhood in the Buttonwoods section of Warwick. This bright and sunny home offers about 1, 900 square feet of living space, with 3 bedrooms, 3 full bathrooms, open kitchen, dining and living areas, and an integrated oversized two-car garage. The lower level of this home is built at ground level with a walk out, which is unusual for a raised ranch. This home will be among the last to be built in the neighborhood, which is self-contained with tree-lined streets, sidewalks, thoughtful landscaping, underground utilities, natural gas, city water, sanitary sewer, and trash removal. Don't miss this opportunity to own a brand new home in one of Warwick's most sought-after neighborhoods. Call today! ** PLEASE NOTE: The photos shared in this listing are of another home recently built with the same floorplan in the neighborhood. Some of the fixtures and finishes at 51 Red Maple may vary. **
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William Raveis Real Estate
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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 | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.373% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,873 | $2,990 | $3,913 |
| Total Monthly Payment | $2,965 | $3,082 | $4,005 |
* 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.