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OPEN HOUSES CANCELED. Welcome to one of Warwick's hidden gem's in the desirable Conimicut neighborhood! Nestled on a corner lot on quiet street with seasonal Water Views throughout, this classic Colonial blends timeless New England character & charm with coastal living. Offering approximately 2, 445 Sq Ft of living space, this traditional Colonial also boast 4 bedrooms, 2 full bathrooms, & an additional half bathroom. Inside, the property features a spacious multi-level layout with generous room sizes & a partial basement, providing flexibility for modern living or future value-add potential. A standout feature is the wraparound porch, perfect for relaxing or entertaining, while the nicely sized lot offers usable outdoor space with a private backyard. The home also benefits from multiple Water Views throughout, adding to its overall appeal & uniqueness. Additional highlights include updated windows, a newer roof, & 200-amp electrical service. The property is in need of some TLC but with it's solid foundation & location, further improvements will bring out it's true potential. Conveniently located near local amenities & coastal attractions, this property presents an inviting presence with a great opportunity to own a classic Colonial with both charm & upside potential. Property may not meet FHA financing requirements. This property is being sold AS IS and any inspections would be for information purposes only. Schedule your private showing today!!
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$539,000
William Raveis Real Estate
Phone: 888.699.8876
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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 | $431,200 | $431,200 | $431,200 |
| 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 | $569 | $569 | $569 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,655 | $2,797 | $3,610 |
| Total Monthly Payment | $3,316 | $3,458 | $4,271 |
* 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.