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Charming Two-Family Home in Cranston - A Great Investment Opportunity! Welcome to this move-in ready two-family home located in Cranston! Offering a total of 6 bedrooms and 2 bathrooms, this property is perfect for owner occupied, investors, multi-generational families, or anyone looking for rental income potential. Both units feature their own private decks, ideal for outdoor relaxation and entertaining. The fenced-in yard is generously sized, providing plenty of room for outdoor activities, gardening, or simply enjoying the fresh air. With a two-car garage and additional off-street parking, convenience is key, making this property even more attractive. This home will be sold vacant, allowing you to move in or lease the units right away. It's truly move-in ready, so you can start enjoying all it has to offer from day one. Don't miss out on this rare find in Cranston schedule a showing today! THE OPEN HOUSE THAT WAS SCHEDULED FOR WEDNESDAY IS NOW CANCELLED
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $488,000 | $488,000 | $488,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.000% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.176% | 6.298% |
Monthly Tax Payment | $505 | $505 | $505 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,084 | $3,247 | $4,118 |
Total Monthly Payment | $3,681 | $3,844 | $4,715 |
* 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.