Come and see this expandable 3-4 bed Cape Cod styled home in the Mt. Pleasant section of the city. Take advantage of the available FHA/RI Housing Down Payment Assistance programs that your Lender can offer. Main level features a large kitchen area with plenty of cabinetry and natural light, comfortable living room, full bathroom, two first floor bedrooms, beautiful shining hardwood floors and radiator covers throughout the first level. This flexible layout includes additional living area options with a full basement, dinette area, office area and bathroom/shower along with more expansion opportunities on the second floor to add another bedroom if needed. Sought after oversized two car garage with power door lift and side entry could be converted to a rec room or be used for traditional two car storage. Updated roof, brand new 12K+ gas steam boiler, gas hot water tank, updated 100amp panel, vinyl windows, nice porch for reading and relaxing, concrete driveway, amazing unique plantings/trees, fenced in front yard with sprinklers and a very manageable back yard with concrete area for grilling. Nothing needs to be done immediately except move in. Great proximity to local amenities, Roger Williams Medical Center, DeLuise Bakery, Providence Place Mall, local schools and colleges. A chance to live in the city yet with privacy, tranquility and ample parking. Great price! Great location! Great opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$365,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $292,000 | $292,000 | $292,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $232 | $232 | $232 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,943 | $1,941 | $2,504 |
Total Monthly Payment | $2,250 | $2,248 | $2,811 |
* 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.