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LOCATION + PERSONALITY! A deceivingly spacious home lies behind the quaint cottage exterior nestled in the beloved Narrows Neighborhood just a few minutes walk to the Narrows Boat Ramp & Fishing site and the sprawling Waypoyset Preserve. The layout makes for easy living at any stage of life with two first floor bedrooms and two full baths, and two additional bedrooms and one full bath on the second floor. The open living room with wood burning stove and abundance of natural light flows into a large eat-in kitchen with ample counter space and a cook prep island flanked by a wall of windows. A set of french doors leads to the fenced in yard. The south wing of the house can be used as needed includes a mudroom, a very large entertainment room including projector and screen and a wood burning stove, and an additional guest/office room. Lots of private outdoor spaces to enjoy: the wide front porch with hanging daybed, a south facing deck and the backyard pergola dining area all of which are highlighted by mature easy to care for plantings. There is a custom made carport with additional off street parking in front of house. A sweet bonus is a small oversized dollhouse complete with electricity perfect for a 'she' or 'he' shed which has a hot and cold outdoor shower on the backside. Twelve paid solar panels are on the south facing roof. The property is not in a flood zone. This beloved home has been featured in Boho Style Magazine and Providence Media's Hey Rhody Magazine.
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Our Executive Mortgage Banker:
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$679,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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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 | $543,200 | $543,200 | $543,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $367 | $367 | $367 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,213 | $3,389 | $4,475 |
| Total Monthly Payment | $3,672 | $3,848 | $4,934 |
* 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.