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Welcome to this beautiful new construction colonial in Pawtucket's desirable Fairlawn neighborhood. Thoughtfully designed for modern living, this home offers 3 spacious bedrooms, 2 bathrooms, & quality finishes throughout. The inviting front porch creates excellent curb appeal, while the attached integral garage provides convenience & additional storage. The home features spray foam insulation in all exterior walls, providing superior thermal performance & enhanced efficiency compared to traditional insulation methods. Inside, you'll find stunning ash hardwood flooring throughout the home & an open, functional layout perfect for everyday living and entertaining. The spacious primary suite features a large private bath & an oversized walk-in closet. 2 additional bedrooms offer ample space for family, guests, or a home office. A 2nd floor laundry room adds convenience right where you need it most. Step outside through sliding glass doors to a rear deck, perfect for relaxing, dining outdoors, or hosting gatherings. The full basement presents outstanding expansion potential with a 2nd egress already installed & rough plumbing completed for an additional bathroom, making it ready for future finishing into extra living space, a recreation room, or an in-law setup. Combining quality craftsmanship, modern amenities, & future growth potential, this exceptional new construction home is a rare opportunity! AI grass on photos. Seller to install sod or landscaping credit at closing.
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$600,000
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 | $480,000 | $480,000 | $480,000 |
| 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 | $573 | $573 | $573 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,875 | $2,995 | $3,954 |
| Total Monthly Payment | $3,540 | $3,660 | $4,619 |
* 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.