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Last Opportunity to Build in The Oaks at Hope Furnace! Final chance to own a newly built home in one of Kent County's most desirable new communities. Surrounded by 45+ acres of preserved open space, The Oaks offers privacy, natural beauty & convenience with spacious homesites, quiet streets & a welcoming neighborhood feel. Construction is underway on this Willow model, scheduled for completion in the near future, allowing buyers to secure new construction without the long wait. Buyers can tour the completed model at 1 Cassidy Trail to experience the craftsmanship, finishes & lifestyle firsthand. Set on a private 1+ acre homesite, this 4-bed, 2. 5-bath Colonial offers approx. 2, 734 sq ft. The open first floor features a quartz kitchen with center island & breakfast area flowing into a family room with coffered ceilings & gas fireplace. Formal dining room with tray ceiling & millwork, private office/den & sliders to a large composite deck add style & function. Upstairs offers a spacious primary suite with tiled shower, double vanity & walk-in closet, 3 additional bedrooms, full bath, 2nd-floor laundry & a 385 sq ft bonus room over the garage. Minutes to Washington Oak Elementary, Johnson's Pond, Centre of New England, I-95, Providence & approx. 75 minutes to Boston.
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$890,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $712,000 | $712,000 | $712,000 |
| 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% | 6.212% | 6.058% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,987 | $4,326 | $5,960 |
| Total Monthly Payment | $4,079 | $4,418 | $6,052 |
* 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.