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**Highest & Best OFFERS due by 12pm Tuesday, April 28** Don't miss out on this Gem of a home with beautiful water views of Pawtuxet Cove looking south over Narragansett Bay in a prime Pawtuxet Village location! Experience the quintessential Pawtuxet Village lifestyle in this charming 1922 Dutch Colonial, located just steps from the picturesque waters of Pawtuxet Cove. Relax on the expansive front porch and take in peaceful water views before stepping inside to a warm, gas fireplaced living room featuring oak hardwoods and lovely architectural details complimented with classic modern updated fixtures. The renovated kitchen flows seamlessly into the main living spaces, perfect for entertaining. This home offers 3 spacious bedrooms, 1. 5 baths, with recently full bath renovation and a walk-up attic with incredible potential for a primary suite expansion or creative studio. Modern peace of mind is ensured with a BRAND NEW ROOF, newer gas heating system and hot water tank. Outside, enjoy an easy-maintenance yard, back porch and a rare, oversized 2-car garage. Walk to local historic Pawtuxet Village renowned restaurants, shopping, marinas, yacht clubs and be located at the heart of the annual Gaspee Days events in May & June, all while being minutes from hospitals, highways, Amtrak/MBTA commuter, downtown Providence and TF Green Intl Airport. A true Rhode Island coastal gem!
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$699,000
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 |
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|---|---|---|---|
| Loan Amount | $559,200 | $559,200 | $559,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $549 | $549 | $549 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,349 | $3,489 | $4,566 |
| Total Monthly Payment | $3,990 | $4,130 | $5,207 |
* 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.