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HIGHEST AND BEST OFFERS DUE BY 5: 00 PM SUNDAY MAY 10. Discover the charming ranch at 48 Barker Street where pride of ownership is reflected throughout. The curb appeal is wonderful as you walk in and enter the spacious living room with wooden beamed ceilings, built in bookcases, and great natural light. To the other side is the eat-in kitchen that leads to a cozy sun porch which is perfect for relaxing, eating, and entertaining. The fenced in yard is pet friendly and is completed with a shed and patio. The two bedrooms are very spacious with gleaming hardwood floors throughout and the full bath is newly renovated. The finished basement offers great bonus space that can be set up for a number of uses and also has a storage and laundry room. Perfectly located only five minutes from Pawtuxet Village with its numerous shops and restaurants and so close to the waterfront. This is one level living at its best!
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,900
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 | $319,920 | $319,920 | $319,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | $349 | $349 | $349 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,970 | $2,048 | $2,678 |
| Total Monthly Payment | $2,394 | $2,472 | $3,102 |
* 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.