Welcome to this ranch (Rhode Island Modular Homes | Custom), three-bedroom, 1. 5 bath Ranch in Charlestown! Property features a living room with fireplace, eat-in kitchen, family room with Jotul wood stove, J tul Fusion" technology creates a clean burning woodstove that operates without the need for a bypass, laundry room and whole house generator. This home has been immaculately maintained and is situated on a nicely landscaped on. 93-acre lot. Minutes to all area beaches, Burlingame State Park, Quonochontaug Pond, golf courses and a multitude of recreational activities. Short drive to shopping, highway access and restaurants. Perfect year-round, starter or vacation home! This home has been remodeled and move in ready, USDA financing area. USDA Rural Development GIS Group This address IS located in an eligible area. ) No basement but a large shed with electric (REMOVED word heat), and wood storing area. New well tank (fiberglass), roof 12 years old, (Removed word Electric changed to oil) OIL hot water tank 5 yrs old, whole house ADDED propane fueled generator, septic and well water. Convenient location with easy access to Route 1. Just minutes to Burlingame Park and Charlestown Beach, and just a quick ride to Westerly, Misquamicut Beach, and Mystic, CT. Camping, the best beaches RI has to offer, shopping, and the LOW Charlestown taxes Town card classifiys this as a "ranch. "
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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 | $335,920 | $335,920 | $335,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $142 | $142 | $142 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,068 | $2,121 | $2,790 |
| Total Monthly Payment | $2,285 | $2,338 | $3,007 |
* 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.