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160 School Land Woods Road is a Thoughtfully Designed & Meticulously Maintained 3 Bed 2. 5 Bath Custom Ranch Style Home Set on Over 6 Acres of Privacy Surrounded by Conservation Land. This Bright & Modern Home Offers Front and Rear Porches -Open Floor Plan- Soaring Ceilings - Oak Hardwoods - Great Room w Fireplace - Over 2, 100 Square Feet on the 1st Floor with an Additional 600 Square Foot Bonus Space on 2nd Floor providing 2 bedrooms, Full Bath & Workspace - 1st Floor MasterBedroom Suite w Walk In Closet & Expansive Bath - Central Air - Updated Architectural Roof -3 Zone Hydro Air Heat w Recent Upgrades- 1st Floor Laundry -Lawn Sprinklers -Excellent Expansion Opportunity in Walkout Lower Level for an additional 1200 Square Feet of Living w Full Bath -Outbuildings for Hobbies & Storage - Beautiful Covered Patio w Fire Pit -2 Car Garage. 12 Minutes to University of Rhode Island & Train Station. Convenient Access to Shopping, Dining, Highways. 20 Minutes to South County Beaches. 30 Minutes to Providence. 1 Hour to Boston. 45 Minutes to Mystic & Groton CT. 4 Bedroom Septic Design.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $719,920 | $719,920 | $719,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $735 | $735 | $735 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,031 | $4,374 | $6,027 |
| Total Monthly Payment | $4,858 | $5,201 | $6,854 |
* 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.