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135 Namquid Drive, Warwick, RI, 02888 | $349,000
Beautiful cottage with Waterview of the Bay! Welcome to your new oasis and leisurely lifestyle at Gaspee Point. This is such a beautiful community to live in. Take a stroll down to the shoreline to enjoy the sunsets and sunrise and just take in the beachside waterfront. This is a unique property in that this home has undergone a complete renovation in the last few years that converted the space into functional one level living with energy efficiency top of mind. The space feels open yet warm, small in size but spacious in how the rooms feel. A luxurious walk-in shower with beautiful tile was installed as part of the complete bathroom renovation. The kitchen if so spacious and easy to work in! The living room features a wall of windows to look out to the water for such a beautiful view. This home offers ease of living with a low maintenance lifestyle. Enjoy walks on the beach and the beach lifestyle without the price that comes along with it. Pets allowed! Great mortgage options available! For those that need more parking space, enjoy the benefit of extra parking across the street.
Features
- Amenities: Highway Access
- Rooms: 4
- Bedrooms: 2
- Baths: 1 full
- Style: Cabin
- Year Built: 1915
- Garage: No Garage
- Heating: Electric,Heat Pump
- Cooling: Central Air,Heat Pump
- Basement: Crawl Space,Unfinished
- Approx Sq. Feet: 784
- Est. Taxes: $1,560
- HOA Fee: $566 Monthly
- Lot Desc: Paved
- View: Saltwater,Water
- Appliances: Dryer,Dishwasher,Refrigerator,Water Heater,Washer
- MLS#: 1380629
- Website: https://www.raveis.com
/prop/1380629/135namquiddrive_warwick_ri?source=qrflyer
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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:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
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
135 Namquid Drive, Warwick, RI, 02888
$349,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $279,200 | $279,200 | $279,200 |
| 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 | $130 | $130 | $130 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,607 | $1,763 | $2,280 |
| Total Monthly Payment | $1,812 | $1,968 | $2,485 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB