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Who doesn't love an A-Frame! This unique Smithfield property delivers architectural character, 3. 5 acres of privacy with tall pines, and easy access to trails, groceries, and daily essentials. Close enough, but not too close. The classic A-Frame design draws your eye up with vaulted ceilings, oversized windows, and a light-filled open main level. It's for buyers who care more about feel than a cookie-cutter layout. The first floor features a gas insert fireplace, oversized full bath, wrap-around deck, rear deck, and an enclosed porch with a hot tub. A spiral staircase leads to the lofted bedroom overlooking the living space. A second spiral connects to the lower level with a large flex room, two additional rooms previously used as bedrooms, plus a full bath and laundry. This is not a traditional 3-bed layout and that's the point. The roof was replaced in 2007, electrical panel and service upgraded in 2021. Siding is in good condition; the deck could use some TLC. The setting is the real standout: 3. 5 acres of wooded land with a natural buffer behind the home. Quiet, private, and still close enough to Providence for a night out. Fire pit for evenings under the trees. Less than a mile to Stump Pond for kayaking, plus nearby trails at Wolf Hill.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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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 |
|
|---|---|---|---|
| Loan Amount | $340,000 | $340,000 | $340,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | $357 | $357 | $357 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,093 | $2,205 | $2,846 |
| Total Monthly Payment | $2,524 | $2,636 | $3,277 |
* 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.