Think a water view always comes with a high price tag? Then think again and check out this updated coastal cottage tucked away on Bristol's eastern shore overlooking the beautiful Kickemuit river. 18 Slocum's spacious deck is the perfect spot to relax and enjoy those water views. The adjacent updated eat in kitchen sports stainless steel appliances, plentiful cabinets, and takes advantage of the view thanks to large sliding doors that lead out to the deck for easy outdoor dining. Featuring two bedrooms, an updated full bath, laundry, 2 car parking and public water access across the street, 18 Slocum is ideal as a starter home, waterside getaway, or investment rental property especially with Roger Williams University nearby. Historic Bristol is a sought after quintessential NE waterfront town with a picture postcard downtown, well regarded restaurants, shops, museums, not to mention its famous 4th of July parade - the oldest in the country. Nearby Warren brings more eclectic restaurants and shops, plus Newport and Providence are each just 30 minutes away.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$359,000
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 | $287,200 | $287,200 | $287,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $272 | $272 | $272 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,935 | $1,959 | $2,482 |
Total Monthly Payment | $2,282 | $2,306 | $2,829 |
* 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.