Welcome to 179 New Meadow Road in Barrington, where this charming Cape Cod-style home nestled in the Hampton Meadows Neighborhood awaits its new owner. With 3 bedrooms, 2 full bathrooms and a spacious 1701 square foot floor plan, this home offers a delightful living experience in a coastal community with peek-a-boo views of the water directly across the street. As you step into the front door and enter the home, you will be greeted with hardwood floors that add warmth and elegance to the living space and plenty of natural light. The main level features a cozy living room, dining area, two spacious bedrooms, an updated bathroom, kitchen that flows nicely in a four season room overlooking a manicured 10, 350 square foot yard and private outdoor space ideal for relaxing or entertaining. Upstairs, a generous primary suite (once used as an in-law suite) that includes a kitchenette, open concept living space, and an updated full bathroom. There is plenty of storage over the garage with expansion possibilities. This home also boasts desirable amenities including ductless air conditioning, newer high efficiency Navien Gas Heat and HW System and a double car garage provides plenty of storage. Additionally, this versatile and sophisticated cape offers the unique potential to function as a single-family sanctuary or a multi-family setup. This Classic Barrington Cape is in a prime location, just a short distance from the water, East Bay Bike Path and Blue Ribbon Schools.
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$649,000
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 | $519,200 | $519,200 | $519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $617 | $617 | $617 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,368 | $3,324 | $4,311 |
Total Monthly Payment | $4,077 | $4,033 | $5,020 |
* 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.