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Pride of ownership shines throughout this beautifully maintained 2-bed, 2-bath Cape located in the highly sought-after Warwick Neck/Highland Beach area. Walk to the water! Offering over 1, 600 sq. ft. of comfortable living space with stunning bay views, this charming home sits on a picturesque corner lot, framed by natural stone walls and serene, park-like landscaping. The welcoming front entry opens to a thoughtfully designed open floor plan featuring an updated kitchen with granite countertops, stainless steel appliances (including a wine fridge), and gleaming hardwood floors throughout. A first-floor laundry room adds convenience. Upstairs, you'll find a spacious primary bedroom with water views, a oversized second bedroom, a full bath, and a bonus room currently used as an office ideal as a guest room, nursery, or flex space. With an Updated heating system, central air, whole-house fan, skylights, underground sprinklers, generator-ready wiring, Private paved stone patio, heated 2-car garage, fire pit and natural cedar shingle siding this home has it all! Enjoy a short walk to the bay, Rocky Point State Park, the new fishing pier, and public ballfields/playgrounds. Convenient access to highways, shopping centers, schools, Warwick Neck Country Club, Aldrich Mansion, and a short drive to East Greenwich waterfront. Move-in ready this home has it all!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,999 | $399,999 | $399,999 |
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 | 7.019% | 7.050% | 6.152% |
Monthly Tax Payment | $496 | $496 | $496 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,495 | $2,628 | $3,348 |
Total Monthly Payment | $3,066 | $3,199 | $3,919 |
* 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.