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This stunning Gambrel Colonial nestled in the heart of desirable Fruit Hill offers a harmonious blend of charming period details and modern-day updates that will accommodate any lifestyle. Open the front door to a gracious vestibule, inviting you into the large center hall entry foyer and into the elegant and spacious first floor. The front-to-back main living room includes a central fireplace flanked by French doors that open into an enclosed sunroom, making for a perfect home office, playroom, or study. Across the hall is the grand, formal dining room which leads to an updated kitchen with tons of cabinet storage & countertop space that will make entertaining any size gathering a breeze, both inside & out. Off of the kitchen is a large, sun filled breakfast room with even more cabinetry. The 1st floor also offers a lovely half bath for guests. Head upstairs to the 2nd floor which features 3 generously sized bedrooms, a fireplaced study/den/office/library and the bright full bath. The third-floor walkup attic allows for easy storage or potential expansion. Need more room? Simply head down to the partially finished basement, entertainment space with its own separate workshop. This must-see home has replacement windows, newer mechanicals and a young roof, cedar-impression vinyl siding; sprinkler system, paver patio and a detached two car garage. Downtown Providence, local hospitals and award-winning schools are only minutes away. An awesome East Side or Edgewood alternative!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $519,920 | $519,920 | $519,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $442 | $442 | $442 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,372 | $3,503 | $4,458 |
Total Monthly Payment | $3,906 | $4,037 | $4,992 |
* 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.