Welcome to Mount Pleasant! This Victorian Era home is located steps from Triggs Memorial Golf Course and a short walk to Rhode Island College. This home boasts 5 bedrooms and 2 bathrooms. Each bedroom has a personal lock, providing an ideal set up to rent to students at the nearby colleges. The property has undergone a complete interior rehab including hardwood flooring, new windows, new gas heat, new flooring upstairs, a new kitchen, and a brand new farmer's porch outside to top it all off. On the first floor you will find the family room, a full laundry room, the sunny and spacious eat-in kitchen, two bedrooms, and one full bathroom. Head upstairs for the remaining three bedrooms and the final full bathroom. Back outside you will find tons of off-street parking, with room for seven cars, plus a beautiful stone patio area, and plenty of yard space with the inclusion of an extra lot. This home is move-in ready and is perfect for an investor looking for a great rental property, or anyone looking for a single family home with tons of space. Property to be sold fully furnished, new leather sectional in family room with TV, washer and dryer, and all bedroom furniture included. Nothing to do except turn the key!
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$425,000
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 | $340,000 | $340,000 | $340,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $399 | $399 | $399 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,262 | $2,260 | $2,867 |
Total Monthly Payment | $2,736 | $2,734 | $3,341 |
* 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.