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Ready for occupancy in the late summer! The third home of four new homes to be built this year in Western Cranston's' newest development. This 4180 sq. ft. colonial boasts four large bedrooms including a massive primary bedroom with doors to a balcony overlooking the yard and a room sized closet. There is a huge second floor bonus room, all with 12-16' vaulted ceilings throughout this level. The first level has all 10' ceilings. The double foyer and spiral staircase will take your breath away. Loaded to the rafters with quality and upgrades including chef level kitchen with walk in pantry, large office, oversized windows, Windsor style moldings, and several patio doors out to the 10 x 26 deck. Stone walkways and accents, complete landscaping package with sprinklers, dramatic architecture, oversized three car garage with 10' ceilings (perfect for a lift). There is still time to make some choices to make this your dream home. We have others available including two one level homes!
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Our Executive Mortgage Banker:
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$1,699,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,359,200 | $1,359,200 | $1,359,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,717 | $8,259 | $11,470 |
| Total Monthly Payment | $7,842 | $8,384 | $11,595 |
* 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.