Welcome to your nearly 2-acre gentleman's farm in Exeter! This property has been completely overhauled inside and out including, new insulation, pecs plumbing, windows, interior and exterior doors, kitchen cabinets and appliances, washer & dryer plus a brand- new bathroom with soaker tub, waterfall showerhead and sliding barn door. The master suite includes double closets that are very deep and the whole interior of the property is surprisingly spacious. Ample sized living and dining area with plenty of room to kick back after a long day. Property also includes a 20x18 deck overlooking your lot and several outbuildings. The land alone here has substantial value, but the property and additional infrastructure seal this great investment into one of RI's toughest zip codes to enter! Located on a private dirt drive off South County Trail on the south side of Exeter, you are close to shopping in NK and EG and also the University of Rhode Island as well as the South County beaches. This property is in the location you've been seeking within a budget that is hard to find. Make your move into Exeter RI into your newly upgraded, rural, yet still convenient???????????????????????????????? lifestyle!
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Our Executive Mortgage Banker:
Our Insurance Division:
$349,900
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 | $279,920 | $279,920 | $279,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $179 | $179 | $179 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,839 | $1,839 | $2,343 |
Total Monthly Payment | $2,093 | $2,093 | $2,597 |
* 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.