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Located minutes from scenic Rocky Point Park, this spacious colonial-style home in Warwick Neck is the perfect blend of modern upgrades and classic charm. With 3 full bedrooms and 2. 5 bathrooms, this home offers plenty of space for comfortable living. Step inside to discover a stunning, renovated kitchen featuring white cabinetry, gas cooking, upgraded appliances, and sleek granite countertops. The expansive cabinet space includes a built-in buffet-style counter, adding even more storage and versatility. The first floor offers a large living room with new flooring and a cozy fireplace, making it the perfect spot for relaxing. Adjacent to the kitchen, you'll find a first-floor bedroom with an attached full bathroom, ideal for guests or multi-generational living. Also on this level is a second living room, and a spacious four-season room currently used as a dining area. This versatile space offers endless possibilities, from a home office to a playroom or reading nook. Upstairs, the large primary bedroom boasts a cozy seating area and expansive walk-in closets with ample storage. The private ensuite bathroom is easily accessed from the bedroom or the hallway. The second bedroom on the upper level is equally spacious, providing plenty of room for comfort. With abundant natural light pouring through the windows and picturesque water views of Narragansett Bay, this home is a true gem. Don't miss your chance to own this beautiful property in a desirable location!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $512,000 | $512,000 | $512,000 |
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 | $579 | $579 | $579 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,321 | $3,449 | $4,390 |
Total Monthly Payment | $3,992 | $4,120 | $5,061 |
* 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.