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This meticulously maintained 3-bedroom, 2. 5-bathroom Colonial represents a rare find for the buyer seeking an extensive list of features and high utility without the premium price tag often found closer to the shore. Perfectly situated on a prime corner lot, the property offers high-impact convenience with access to I-95 and a short drive to Westerly's famous beaches. The heart of the home is a stylish, modernized eat-in kitchen designed for both function and gathering, featuring a large center island with seating, stainless steel appliances, and a seamless flow into the living areas. A wood stove serves as a focal point in the living space, providing both a cozy atmosphere and an efficient supplemental heating source for New England winters. The home's footprint is maximized across 1, 910 total square feet, including a partially finished lower level that serves as a major asset. This versatile space, currently configured as a family room and playroom, offers additional living area perfect for a home office or gym. Outdoor living is equally comprehensive, boasting a welcoming front porch, a rear porch, and a spacious deck that overlooks a large, backyard complete with a dedicated outbuilding for storage. With hardwood floors, central air, and garage, this property truly has everything needed for a comfortable, low-maintenance lifestyle in a location that connects you to the best of South County.
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$585,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $468,000 | $468,000 | $468,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $468 | $468 | $468 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,882 | $2,955 | $3,886 |
| Total Monthly Payment | $3,442 | $3,515 | $4,446 |
* 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.