40 Palmer Avenue, Cranston, RI, 02920 | $549,900

Construction Complete! Move right into this 3 bed 2. 5 bath New Construction. 40 Palmer Ave features a very desirable floor plan highlighted by a modern kitchen with quartz countertops and sleek tiled backsplash. Just off the kitchen find a perfectly sized dining area. A slider off the dining area opens to your private backyard. Living room located in the front of the home. A half bathroom and designated laundry area complete the main level. Hardwoods continue throughout the home as you head upstairs. Impressive primary suite with cathedral ceilings, ensuite bathroom and walk-in closet. The remainder of this level offers 2 well-sized bedrooms and full bathroom. A full basement with ample ceiling and Central AC complete this beautiful home. An affordable new construction option is hard to come by. Schedule your private showing today!

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Style: Colonial
  • Year Built: 2024
  • Garage: No Garage
  • Heating: Forced Air,Propane
  • Cooling: Central Air
  • Basement: Full,Interior Entry,Unfinished
  • Approx Sq. Feet: 1,421
  • Acreage: 0.09
  • Est. Taxes: $0
  • Appliances: Electric Water Heater
  • MLS#: 1376158
  • Website: https://www.raveis.com
    /prop/1376158/40palmeravenue_cranston_ri?source=qrflyer
Copyright © 2025  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Re/max Professionals   Phone: 401-884-6050

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

40 Palmer Avenue, Cranston, RI, 02920

$549,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

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** 6.000% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.837% 6.778% 5.994%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,638 $2,817 $3,653
Total Monthly Payment $2,730 $2,909 $3,745

* 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.