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Peaceful Raised Ranch Near Arcadia Management Area & Wood River 12 Old Kenyon Road. Experience this charming 2-bedroom, 1-bath raised ranch. Inside, you'll find a comfortable and functional layout with bright living spaces. With an open living room and kitchen on the upper level leading off to a deck ideal for entertaining. Just down the hall you will find the full bath and room for two bedrooms. While on the lower level there is a finished space with endless possibilities, along with a storage/utility area including a pellet stove, and laundry space that leads out to the fenced in back yard. Nestled in a quiet, rural setting, this home offers easy access to the Wood River & Arcadia Management Area, known for its scenic hiking trails and popular mountain biking routes perfect for outdoor enthusiasts. With in the management area a nearby whimsical troll sculpture adds a unique local touch. You will find easy access to I-95 along with being close to shopping, restaurants, URI and RI's South County Beaches.
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$425,000
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 | $340,000 | $340,000 | $340,000 |
| 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% | 6.512% | 5.866% |
| Monthly Tax Payment | $399 | $399 | $399 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,036 | $2,121 | $2,801 |
| Total Monthly Payment | $2,510 | $2,595 | $3,275 |
* 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.