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Move-in ready and completely rebuilt single-level living in West Kingston! 3-4 bedroom ranch offers low-maintenance living with entire house updated 5 years ago. Open floor plan offers bright, welcoming space including family room and eat-in-kitchen with island/bar, granite countertops, stainless appliances, gas range for cooking and slider onto large deck overlooking expansive backyard. 3 bedrooms and full bath with tub/shower complete the first level. Lower level doubles the size of the home with a large open space and additional private bedroom which provides flexibility to meet your living needs. Central Air on first floor and ductless heating/cooling on lower level. New windows throughout provide efficiency and cost-savings. Luxury vinyl plank flooring throughout offers waterproof and easy cleanup. Propane gas heat, septic system and private well. Set on a private, wooded lot minutes from The University of Rhode Island and 0. 5 miles from the Kingston Train Station (service north to Boston and south to NYC & DC) Ride your bike to the beaches by jumping on the nearby O'Neill bike path which winds its way to Narragansett. Fabulous for first-home, downsizing or income-generating investment. Don't "waite" on this one!
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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 | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.500% | 5.710% |
| Monthly Tax Payment | $296 | $296 | $296 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,361 | $2,490 | $3,260 |
| Total Monthly Payment | $2,732 | $2,861 | $3,631 |
* 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.