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Move-in ready 3-bedroom, 2. 5-bath Colonial for sale in Lincoln, RI offering over 2, 200 sq ft of above-grade living space plus an additional 800 sq ft finished lower level nearly 3, 000 sq ft of total finished space rarely found at this price point. Built in 2020, this modern single-family home combines comfort, functionality, and contemporary design in a desirable commuter-friendly location. The open-concept main level features a propane gas fireplace and seamless flow between the living room, dining area, and kitchen, ideal for everyday living and entertaining. Central air, energy-efficient systems, low-maintenance finishes, and an in-ground sprinkler system add year-round comfort and convenience. The attached 2-car garage provides direct access to the home. Upstairs, the spacious primary suite includes a private full bath and generous closet space. Two additional bedrooms and another full bathroom complete the upper level. The finished lower level offers flexible space for a media room, home office, gym, or guest area. Conveniently located near Route 146, I-295, shopping, dining, parks, and recreation, this home offers easy access to Providence and Boston. A strong opportunity for buyers seeking modern homes for sale in Lincoln, RI with finished space and move-in ready condition.
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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 | $623,920 | $623,920 | $623,920 |
| 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 | $538 | $538 | $538 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,737 | $3,892 | $5,139 |
| Total Monthly Payment | $4,367 | $4,522 | $5,769 |
* 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.