49 Bowling Lane in Westerly, RI, is a charming residential 2 family property situated in a peaceful neighborhood. This inviting home features a well-maintained exterior, complemented by lush landscaping. The interior of each unit offers a cozy atmosphere, with spacious living areas that are perfect for both relaxation and entertaining. The layout on unit 1 includes 3 bedrooms and 1 fully renovated bathroom, unit 2 includes 2 bedrooms and 1 fully renovated bathroom. Each unit features two brand new modern kitchens that are equipped with updated appliances as a highlight, while the living room often boasts large windows that allow for natural light to fill the space. Walking outside, to a brand new deck that overlooks a spacious backyard area, ideal for gatherings or enjoying the coastal Rhode Island weather. The location is convenient, with easy access to Foxwoods, Mohegan Sun, local amenities, parks, and some of the best beaches that Rhode Island has to offer making it a wonderful spot for anyone looking to enjoy the charm of Westerly Rhode Island. Whether as a permanent residence or a vacation getaway, 49 Bowling Lane offers a welcoming retreat in a beautiful part of New England. Schedule a private tour today!
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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 | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $184 | $184 | $184 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,496 | $3,205 |
Total Monthly Payment | $2,787 | $2,755 | $3,464 |
* 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.