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Welcome to this well-built, lovingly maintained ranch in the highly desirable Gaspee Plateau neighborhood. Bright and inviting, this charming home features an updated kitchen, three generously sized bedrooms, hardwood floors, and a formal living room with a cozy fireplace. A spacious family room and a three-season enclosed porch overlooking the expansive backyard provide the perfect space for relaxing or entertaining. The full, unfinished basement offers excellent potential for future living space, a home office, gym, or recreation room. Exterior updates include cedar impression siding on the front of the home, replacement windows and doors, a young roof, and a convenient backyard storage shed. Ideally located just off Narragansett Parkway along the historic Gaspee Days Parade route, this home is within walking distance of Salter Memorial Grove and the neighborhood boat launch. Enjoy close proximity to Gaspee Point Beach, the charming shops, restaurants, caf s, and waterfront attractions of Pawtuxet Village, as well as grocery stores and everyday conveniences. St. Peter School (Pre-K 8), Wyman Elementary School (K 5), and Pilgrim High School (9 12) are all within a mile. With easy access to major highways for northbound and southbound travel, this home offers the perfect blend of neighborhood charm, convenience, and location. Don't miss the opportunity to make this wonderful home your own schedule your private showing or visit an upcoming open house!
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$479,000
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 | $383,200 | $383,200 | $383,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.638% | 5.972% |
| Monthly Tax Payment | $422 | $422 | $422 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,295 | $2,422 | $3,182 |
| Total Monthly Payment | $2,792 | $2,919 | $3,679 |
* 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.