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FIRST SHOWINGS AT OPEN HOUSE THURSDAY 5/21, 4: 30PM-5: 30PM. Not your typical 3 family. . . this striking Sears Alhambra home showcases distinctive architecture rarely found in today's market w/ incredible curb appeal, stucco exterior, arched parapets, inviting front porch & terrace spaces that set it apart from the ordinary. Ideal for owner-occupants or investors seeking character, flexibility & an in-town location. The spacious first-floor apartment is loaded w/ timeless character including stunning dark wood trim, hardwood floors, abundant natural light & generous living space. Enter through a beautiful solarium leading to a living room w/ brick fireplace for cozy New England nights, formal dining room w/ built-ins & a kitchen designed for entertaining w/ stainless steel appliances & access from both dining & living rooms. This unit also offers 2 bedrooms, 2 full baths including one w/ in-unit laundry & access to porch/terrace space. Prior to heading upstairs is a tucked-away room perfect for a home office or other possibilities complete w/ bathroom. Vintage charm continues throughout both upper apartments. Detached 3-car garage offers space for 4 vehicles plus a garden/storage room, large workshop area & attic storage. Separate utilities, city water, city sewer, city gas, shared laundry for upper apartments & brand new roof. Conveniently located within walking distance to downtown Westerly's restaurants, shops, United Theater & close to beaches, CT border & I-95.
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$765,000
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 | $612,000 | $612,000 | $612,000 |
| 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% | 6.776% | 6.078% |
| Monthly Tax Payment | $408 | $408 | $408 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,768 | $3,919 | $5,123 |
| Total Monthly Payment | $4,268 | $4,419 | $5,623 |
* 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.