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Discover the perfect blend of modern efficiency and cozy charm in this beautifully rebuilt single-story home. Nestled on a spacious double lot off Church Avenue, this property offers exceptional privacy and even potential for future expansion. With its prime location near the Conimicut beaches, you get the best of both worlds: peaceful suburban living with convenient access to nature. From the trusses down, this home has been meticulously rebuilt to provide a hassle-free, low maintenance living experience. The only thing you need to worry about is mowing the lawn! This home boasts a new HVAC system with a wall-mounted heating and hot water unit for year-round efficiency. The newly remodeled kitchen and bath feature tasteful smoke gray and white shaker cabinets, creating a stunning and timeless aesthetic with brand new appliances. The open-concept design is bright and airy, thanks to the brand-new roof and newly replaced windows that let natural light flood the space. A wooded backyard offers tranquility and a perfect setting for relaxation or entertaining. Conveniently located near the airport and train station and many shopping centers and restaurants, this home offers easy commuting options while maintaining a serene rural/suburban vibe. Whether you're a first-time homebuyer or looking to downsize, this property offers unbeatable value and versatility. Plus, this home qualifies for all mortgage options, so it's time to run the numbers and start packing.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $271,920 | $271,920 | $271,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.649% | 5.764% |
Monthly Tax Payment | $221 | $221 | $221 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,565 | $1,717 | $2,220 |
Total Monthly Payment | $1,861 | $2,013 | $2,516 |
* 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.