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Welcome to 87 Montauk Avenue, a delightful gem in the heart of Westerly, RI! This charming home offers a perfect blend of comfort and style, making it a fantastic choice for your next abode. Step inside to discover 1, 344 square feet of inviting living space. The layout features three cozy bedrooms and two well-appointed bathrooms, ensuring ample space for relaxation and privacy. Each room is designed to maximize comfort, providing a warm and welcoming atmosphere. The living area is a wonderful spot to unwind, with plenty of natural light streaming through the windows. The kitchen boasts ample counter space and cabinetry, ready for you to whip up your favorite meals. With air conditioning throughout, you'll stay cool and comfortable even on the warmest days. Outside, the property truly shines with a generous 11, 700 square foot lot. Whether you're a gardening enthusiast or love outdoor gatherings, this space offers endless possibilities. Imagine summer barbecues, walks to the beach, outdoor games, or simply enjoying a peaceful morning coffee surrounded by nature. Located in a vibrant community, this home offers easy access to local amenities and recreational opportunities. Whether you're exploring nearby parks, dining at local eateries, or engaging in community events, you'll find plenty to enjoy. Don't miss the chance to make 87 Montauk Avenue your new home sweet home. Schedule a viewing today and experience the charm for yourself!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
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Loan Amount | $784,000 | $784,000 | $784,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.375% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.565% | 6.475% | 6.183% |
Monthly Tax Payment | $629 | $629 | $629 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,390 | $4,891 | $6,616 |
Total Monthly Payment | $5,111 | $5,612 | $7,337 |
* 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.