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FIRST SHOWINGS AT OPEN HOUSE SATURDAY 5/30, 11AM-12PM. Tucked away at the end of a quiet street in the Indian Hills neighborhood of Westerly, this spacious 4BR, 3BA home offers generous square footage in a desirable location close to beaches, restaurants, shopping & everyday conveniences. Ideal as either a year-round residence or vacation home, the property offers flexible living space both inside & out. The main level features hardwood floors in the living & dining rooms, a functional kitchen, & sliding doors from the dining area leading to a deck overlooking the above ground pool. A substantial addition creates an expansive family room with cathedral ceilings & access to a front balcony. Privately situated off the family room, the primary bedroom suite includes its own full bathroom. Multiple mini splits throughout the home provide cooling for year-round comfort.
Three additional bedrooms provide flexibility, including one connected to another versatile room ideal for a home office, den, exercise room or additional living space with direct deck access. The lower level adds even more finished area with a wood stove, full bathroom & multiple-use space perfect for hobbies, recreation or guests. Additional highlights include town water, town gas & a 2-car integral garage. A solid opportunity in a sought-after Westerly location minutes to area beaches.
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$599,000
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 | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $315 | $315 | $315 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,870 | $2,990 | $3,947 |
| Total Monthly Payment | $3,277 | $3,397 | $4,354 |
* 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.