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Rare opportunity to own a newer Colonial in the heart of Providence's desirable East Side! Built in 2015, this beautifully maintained home offers the perfect combination of modern construction, energy efficiency, and an unbeatable location - a short walk to Hope Street with fine dining and shopping, Thayer Street, Brown University, and RISD - surrounded by the charm of the neighborhood's historic homes. The open-concept first floor features a spacious living and dining area, a well-appointed kitchen with a walk-in pantry, and a convenient half bath. Upstairs, you will find 3 generously sized bedrooms and a full bath, including a private primary suite, complete with a walk-in closet, en-suite bath and in-suite laundry. The finished lower level adds exceptional flexible living space with a large family room, home office, gym, or playroom, plus an additional half bath. Fully paid-off solar panels provide valuable energy savings, while the attached one-car garage offers ample storage. One of this home's most unique features is its oversized private backyard an uncommon find on the East Side. Enjoy raised garden beds for flowers and vegetables filled with a high-grade composted soil mixture, plenty of room for outdoor entertaining, and an electric barrel sauna that is negotiable with the sale. If you've been dreaming of the East Side lifestyle but prefer the comfort and convenience of a newer home with modern systems and low-maintenance living, this property is not to be missed!
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$850,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $680,000 | $680,000 | $680,000 |
| 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% | 6.223% | 6.058% |
| Monthly Tax Payment | $568 | $568 | $568 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,808 | $4,132 | $5,692 |
| Total Monthly Payment | $4,468 | $4,792 | $6,352 |
* 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.