Perched on almost an acre, this 3BR, 3BA colonial is ideally located just a short walk or bike ride away from beautiful RI beaches. The right side of this home will dazzle you with its architecturally stunning rounded corner. A wrap around deck graces the front and side of the house providing a perfect space for summer dining, morning coffee or evening cocktails while listening to the waves crashing in the distance. The first floor welcomes you to a spacious living room to the right that flows into a dining room. The dining room provides access to the deck and is adjacent to the updated kitchen providing a great floorplan that works well for family life and entertaining. The eat in kitchen featuring stainless steel appliances and cherry cabinets then leads you into a family room and a full bathroom on the left side of the house. The second level features a full bathroom and 3 oversized bedrooms which includes a generous master bedroom suite drenched in natural light with a soaking tub and a sitting area. The lower level provides walkout access creating limitless finishing potential. Other notable features include gleaming hardwood floors, whole house generator and a 2 car garage. Close to the quaint shops and fine dining of Watch Hill and all Westerly amenities.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $687,920 | $687,920 | $687,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $506 | $506 | $506 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,906 | $4,292 | $5,759 |
Total Monthly Payment | $4,504 | $4,890 | $6,357 |
* 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.