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Tucked away on 1. 19 acres at the end of a cul-de-sac, this 3 bedroom, 4 bathroom home offers an expansive 2, 614 sq. ft. of living space on the main floor. The open-concept floor plan features a living room with vaulted ceiling, stone fireplace with wood stove, and bar with wine fridge. This space flows seamlessly into both the dining room with deck access via, and the kitchen with custom cabinetry, quartz countertops, tile backsplash, and Thermador appliances. In addition to two bedrooms, an office, laundry room, mudroom, and two full bathrooms, the main floor primary suite with full ensuite bath has a large tiled shower and an elegant clawfoot soaking tub. In the basement, 1700 sq. ft. is fully framed, plumbed, wired, and ready to finish, with living space, a fourth full bathroom, and storage and utility areas. There is a 200 AMP main electrical panel, an additional 100 AMP panel serving the primary bedroom, and a 50 AMP electric vehicle/RV service plug. Heat is propane forced hot air. The main level has central AC, while the basement has a mini-split unit. Andersen double hung black windows, 9 wide luxury vinyl plank floors, and a wide front porch with cedar wood posts and ceiling fans are just a few of the exceptional touches. With a location perfect for anyone desiring a balance of neighborhood, seclusion, and easy access to all that southern Rhode Island offers, 70 Cherokee Bend offers a singular opportunity in turnkey South County living.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $663,200 | $663,200 | $663,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.613% | 6.435% |
Monthly Tax Payment | $272 | $272 | $272 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,818 | $4,192 | $5,686 |
Total Monthly Payment | $4,182 | $4,556 | $6,050 |
* 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.