A Rare Opportunity Builders Take Note! This stately center-hall two-bedroom Colonial, located in the heart of charming Edgewood, sits on a buildable double lot with access to Roger Williams Park just steps away. A multi-jurisdictional variance is required to subdivide the lot, which already features a curb cut and access to both sewer and water. The home itself has been impeccably maintained, showcasing built-ins and old-world charm with an abundance of natural light throughout. The well-appointed living room features a central fireplace, while the formal dining room includes a built-in bar. A half bath, galley kitchen, and a cozy breakfast nook just off the kitchen complete the main living spaces. The home's brick fa ade evokes a vintage Old English aesthetic, complemented by natural landscaping and a private rear patio with pavers. Additional highlights include an oversized two-car garage with pull-down attic storage and a rear entrance to a delightful three-season sunroom, and New efficient Viesmamn tankless Heating System. Whether you choose to keep all four parcels intact for an expansive yard with stone walls and granite steps or build your dream home while living in the existing house, this property offers endless possibilities. Don't miss the chance to explore everything 74 Elmwood Boulevard has to offer- This is truly a must see!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$549,900
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 | $439,920 | $439,920 | $439,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $450 | $450 | $450 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,890 | $2,924 | $3,742 |
Total Monthly Payment | $3,432 | $3,466 | $4,284 |
* 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.