Investors take Notice of this spacious home in the highly sought after Oak Grove Neighborhood of East Woonsocket. Former occupant was a contractor with several unfinished projects awaiting your completion and final touches. The kitchen offers an open layout between the dining area and the front entry way. This incomplete, diamond in the rough, has various design options given the 4 points of entry: front, back, and both side doors. The finished basement also offers bonus rooms and 3 exits, with a walk out to the back yard. The huge yard offers ample privacy with no neighbor to the rear, and 2 custom built sheds, a children's play set, and a chicken coupe. Nestled on a no-through street, and a long driveway, the property seems to be in a rural setting. The home is ready for your vision and renovations to either make it your own, or re-sell with minimal further costs. Home is being Sold As Is.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $412,640 | $412,640 | $412,640 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $297 | $297 | $297 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,745 | $2,743 | $3,480 |
Total Monthly Payment | $3,134 | $3,132 | $3,869 |
* 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.