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WATERFRONT Gorgeous BRAND NEW HOME in Gales Ferry w/1800sqft, 3Bedrms & 2. 5 Baths. Bring your kayaks, boats, docks, fishing pole & start enjoying SMITH POND. Contemporary Raised Ranch with an absolutely STUNNING OPEN FLOOR PLAN & VIEW w/a DREAM KITCHEN w/GRANITE Counter tops, LARGE GRANITE 2 TONE ISLAND for entertaining & holidays, fully applianced, built in sink, soft close cabinets, beautiful palladium lighting, recess lights, SS appliances & CATHEDRAL CEILINGS. Open to your HUGE living rm w/an amazing flow w/ CATHEDRAL ceilings. Nice & bright for those great get togethers. Dining rm w/slider to your private deck OVERLOOKING THE POND for BBQ's & parties. Beachy gray water resistant flooring fthroughout. Master suite w FULL Master Bath w/tile shower, double door closet & ceiling fan. Nice size bedrms. FINISHED LOWER level W/a large Family rm w/Half bath, heat, central air, laundry rm & storage area. Great for a possible inlaw or could be a 4th bedrm or playroom w/ a walkout. Forced hot air, CENTRAL AIR, 2 CAR GARAGE w/a walkout door w/ garage door openers & fully finished walls & ceilings. Sits BEAUTIFULLY on almost 1 ac of land with a nice front & back yard w/room for more yard in the back or fire pit or DOCK ON THE POND. Large PAVED DRIVEWAY for plenty of cars & front concrete steps to make this home the perfect one. Have the best of both worlds. Enjoy having a BRAND NEW HOME and WATERFRONT on a DEADEND STREET. Close to the RI LINE, 395, BOTH Casinos, EB & more. Pictures of the inside layout in the listing are the same but colors of the flooring, granite & lights are different. A few items left to do but will be done in less than 2 weeks.
Type | Description | Level |
---|---|---|
Bedroom 1 | Laminate Floor | Main |
Bedroom 2 | Laminate Floor | Main |
Dining Room | Main | |
Family Room | Laminate Floor | Lower |
Full Bath | Main | |
Full Bath | Main | |
Half Bath | Lower | |
Kitchen | Cathedral Ceiling,Vaulted Ceiling,Balcony/Deck,Granite Counters,Island,Sliders | Main |
Living Room | Cathedral Ceiling,Vaulted Ceiling,Ceiling Fan | Main |
Primary BR Suite | Full Bath,Laminate Floor | Main |
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Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $391,200 | $391,200 | $391,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.050% | 6.152% |
Monthly Tax Payment | $483 | $483 | $483 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,441 | $2,570 | $3,275 |
Total Monthly Payment | $2,999 | $3,128 | $3,833 |
* 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.