Your new home is under construction! This brand new custom raised ranch is nestled in the heart of North Providence, and will be completed soon. This spacious home features 3-5 bedrooms, 3 bathrooms, a 2-Car Garage, and an open floor plan. The property is located on a dead end, offering quietness while being conveniently located close many amenities. When you enter the front door, you are welcomed to 14 foot cathedral ceilings and 2700+/- sq. ft of living space. The upper level will feature hardwood flooring in the kitchen and great room, 3 bedrooms (including the primary suite), and 2 bathrooms. The lower level features a family room, full bathroom, and an office and storage room that have the potential to be 2 more bedrooms. Other features include: LP Smart Siding, Stergis Windows, Engineered roof trusses, Composite decking, and weatherable railings on exterior. This is NOT your ordinary raised ranch and you truly must see this beautiful home to understand. Contact the listing agent today for your private showing. Estimated completion date is 4/1/2025
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $543,920 | $543,920 | $543,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,619 | $3,664 | $4,664 |
Total Monthly Payment | $3,711 | $3,756 | $4,756 |
* 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.