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Set in a desirable Riverside location just moments from Crescent Park, the historic Crescent Park Carousel, and the Narragansett Bay waterfront, this beautifully reimagined cottage delivers a versatile open layout with 4 bedrooms, including 3 upstairs and 1 on the main level, along with 2 baths. The fourth bedroom may also be used as a media room or home office. What was old is new, with less than 10% of the original structure remaining, and the home has been insulated to today's standards with high-efficiency heating, central cooling, all-new energy-rated windows, 200-amp electric service, new wiring, and new lighting throughout. Ash hardwood flooring extends throughout the home in all rooms except the bathrooms, which feature tile flooring. The open living area connects to a fully appliance kitchen with white shaker-style cabinets, blue indigo quartz countertops, and a glazed rustic sky-blue subway tile backsplash. Seasonal water views from the second level, nearby shoreline recreation, walking paths, and the distinctive coastal setting complete this exceptional Riverside offering.
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Our Executive Mortgage Banker:
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$549,900
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 | $439,920 | $439,920 | $439,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $269 | $269 | $269 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,673 | $2,778 | $3,653 |
| Total Monthly Payment | $3,034 | $3,139 | $4,014 |
* 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.