97 Delwood Road, Warwick, RI, 02889 | $369,900

Charming 2-bedroom, 1-bath Cape located in a highly desirable neighborhood, offering both comfort and opportunity. This home features a bright, sun-filled living room with hardwoods and a classic wood-burning fireplace, an inviting space that instantly feels like home. Hardwoods extend throughout most of the first level, adding to the home's warmth and character. The kitchen offers ample cabinet storage, providing great functionality for everyday living. The unfinished second floor presents a standout opportunity for expansion, with the potential to add approximately 700 square feet of additional living space. Whether transformed into extra bedrooms, a spacious primary suite, or a versatile bonus area, this space provides the perfect chance for a buyer to increase living space and build instant equity. The partially finished lower level adds even more versatility, perfect for a home office, gym, playroom, or additional living area. Additional highlights include a 1-car attached garage, a newer roof (approximately 5 years old), and a private, flat, partially fenced backyard ideal for outdoor enjoyment, entertaining, or pets. Whether you're a first-time buyer, downsizing, or looking for a home with room to grow, this property offers strong value, solid bones, and incredible potential in a sought-after location. Conveniently located near local amenities, shopping, dining, and Warwick's beautiful coastline, offering the perfect balance of neighborhood setting and accessibility.

Features

  • Amenities: Restaurant,Shopping
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full
  • Style: Cape Cod
  • Year Built: 1945
  • Garage: 1-car Attached,Garage
  • Heating: Gas,Steam
  • Cooling: None
  • Basement: Full,Interior Entry,Partially Finished
  • Approx Sq. Feet: 948
  • Acreage: 0.15
  • Est. Taxes: $4,181
  • Appliances: Dishwasher,Gas Water Heater,Oven,Range,Refrigerator
  • MLS#: 1410242
  • Website: https://www.raveis.com
    /prop/1410242/97delwoodroad_warwick_ri?source=qrflyer
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Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Real Broker, LLC   Phone: 855-450-0442

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

97 Delwood Road, Warwick, RI, 02889

$369,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $295,920 $295,920 $295,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.609% 6.887% 6.078%
Monthly Tax Payment $348 $348 $348
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,822 $1,895 $2,477
Total Monthly Payment $2,245 $2,318 $2,900

* 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.