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38 Economy Avenue, Warwick, RI, 02889 | $499,000
Just in time for Spring and Summer! This completely updated 2 bedroom, 1. 5 bath home is scituated in Conimicut and has seasonal water views from everywhere in the house of Narragansett Bay and the ability to walk to the beach. Located on a private corner lot and enclosed with white vinyl fencing, there's plenty of room for the fire pit, full sized shed and a hot tub which abuts a wonderful and unique outdoor entertainment area complete with TV, surround sound and grilling. Lush, colorful and mature landscaping surrounds this beautiful outdoor living space. As you go up the stairs, you'll enter the open and natural light filled family room complete with hardwood floors, crown molding, high ceilings, gas fire place, freshly painted walls with Central AC and a Google Nest system. The adjoining kitchen is complete with granite countertops, SS appliances and a half bath complete with a stacking full size washer/dryer. The sliders of the kitchen bring you to a freshly painted deck with beautiful scenic views! The second level has 2 bedrooms, a full bath with double sinks and plenty of natural light. Bring your kayaks and see another treasured community in a well kept secret location in RI! Close to TF Green International airport, the Amtrak train station, 1 hr drive to Boston and 3 hrs to NYC! Location!!! This has it all!
Features
- Amenities: Golf,Marina,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
- Rooms: 4
- Bedrooms: 2
- Baths: 1 full / 1 half
- Style: Contemporary
- Year Built: 2008
- Garage: Carport
- Heating: Forced Air,Propane
- Cooling: Central Air
- Basement: None
- Approx Sq. Feet: 1,038
- Acreage: 0.19
- Est. Taxes: $4,697
- Lot Desc: Corner Lot,Wooded
- View: Saltwater,Water
- Appliances: Dryer,Dishwasher,Exhaust Fan,Electric Water Heater,Disposal,Microwave,Oven,Range,Refrigerator,Washer
- MLS#: 1382337
- Website: https://www.raveis.com
/prop/1382337/38economyavenue_warwick_ri?source=qrflyer
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William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
38 Economy Avenue, Warwick, RI, 02889
$499,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
| Monthly Tax Payment | $391 | $391 | $391 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,523 | $2,622 | $3,342 |
| Total Monthly Payment | $2,989 | $3,088 | $3,808 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB