Welcome to this lovely cottage in the desirable Beach Terrace neighborhood, located directly on the beautiful East Bay Bikepath a stone's throw from the Warren River. This inviting property features 3 BR and 2 FBTH, offering a perfect blend of classic NE charm and modern updates. Step inside to an abundance of natural light in this cheery LR w/lovely FP. The combination DA/KIT is updated w/SS app. , granite countertops, ample storage space w/HWD & ceramic fl in KIT. Off the kitchen is a sunny, heated ENCLSD PRCH which makes a nice breakfast or reading room overlooking a private, fenced-in sideyard & potting shed ideal space for entertaining, gardening, or relaxing. Upstairs, you'll find a sweet sitting area in the HWY opening to a beautiful balcony w/both water & sunset views. The upstairs BR's offer pine & cherry flrs with lots of closet space, incl a serene primary suite w/vaulted ceilings. A perfect location just minutes from Warren's vibrant historic waterfront, local shops, and acclaimed dining spots, offering an eclectic mix of suburban tranquility and convenience. Walk across the bikepath and drop your kayak in the river for a peaceful sunset paddle or walk up to the Audobon & Jacob's Pt for some bird watching. This home has the best of all worlds! Easy access to nearby highways, this home is perfect for commuters, traveling to PROV or NPT. Don't miss this opportunity to live in one of RI's most charming coastal towns! Subject to seller finding suitable housing.
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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 | $575,200 | $575,200 | $575,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $493 | $493 | $493 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,973 | $3,875 | $4,893 |
Total Monthly Payment | $4,558 | $4,460 | $5,478 |
* 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.