Welcome to 86 Farnum. This is a mid century ranch, specifically 1955 involving 960 sq ft above grade. It also has a finished basement of approximately 500 sq ft. It needs major rehabilitation. It does have some hardwood floors, a functional floor plan including 3 bedrooms and a full bathroom. The gas fired boiler and the hot water heater are recent. The electric service is 60 amps and is fuses so it will need to be upgraded. The property is belng sold as an estate, so it is being conveyed in 'as is' condition.
It is in a great location and has great potential.
Type:
Single-family residential
Heating:
Baseboard, Hot Water, Oil
Basement:
Full, Finished, Interior Entry
Utilities
Sewer Connected
Lot Description:
Corner Lot
Amenities:
Public Transportation, Shopping
Appliances:
Dishwasher, Gas Water Heater, Water Heater
86 Farnum Road, Warwick, RI, 02888
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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