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Nestled in a private cul-de-sac in the heart of Cowesett, this four bedroom, two and a half bath colonial offers a serene retreat, just minutes from the shops, restaurants and waterfront of Main St, East Greenwich and a short drive to Providence and the beaches. You're first greeted by a manicured front yard with mature landscaping and beautiful stone inlay on the front of the home. Step inside through a spacious foyer and you'll find the inviting eat-in kitchen with hardwood floors, custom cabinets, double oven, sub zero fridge and center island that offers a great space to congregate. The kitchen flows into the cozy, sun drenched family room, with hardwood floors, built in cabinets and a wood-burning brick fireplace. A dining room, with spectacular built in's and hardwood floors makes for a great space for entertaining guests and a spacious living room provides ample space for the whole family. A half bath and first floor laundry completes this spectacular first level. Upstairs, you'll find a one-of-a-kind master suite that features vaulted ceilings, a sitting area, built in cabinetry, reading/workout nook, a walk-in closet and full bath. Three additional well-sized bedrooms and a full bathroom complete the second level. Step outside to the tree-lined backyard (umbrella pine, dogwoods, holly and more), enclosed Florida room and adjacent wooden deck. Attached two car garage, central air, full basement, new roof. Enjoy this walking/biking neighborhood with great schools!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,920 | $639,920 | $639,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.810% | 6.026% |
Monthly Tax Payment | $664 | $664 | $664 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,684 | $4,097 | $5,314 |
Total Monthly Payment | $4,440 | $4,853 | $6,070 |
* 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.