389 Douglas Pike, North Smithfield, RI, 02896 | $699,000

Welcome to 389 Douglas Pike a rare opportunity to own a spacious and versatile property in the heart of North Smithfield. Set on 2. 16 acres of beautiful wooded land, this private location offers peaceful surroundings, and endless potential. This serene property features 4 bedrooms and 2. 5 baths, with the unique benefit of an attached in-law suite ideal for multigenerational living, rental income, or guest accommodations. The main home offers a spacious eat-in kitchen with a large island, a formal dining room with sliders to the large deck, a living room, family room, and three bedrooms on the second level with a shared full bath. A convenient half bath is located on the main level. The attached in-law unit includes its own kitchen, living area, bedroom, and a full bath plus a screened-in porch. Both spaces offer a separate basement and electrical panel, ensuring privacy and independence. Outside, enjoy an abundance of yard space, ample parking, and room to expand, garden, or simply relax in nature. This home is located close to local favorites, perfect for those seeking both convenience and countryside charm. Don't miss your chance to make this versatile and beautifully located property your own!

Features

  • Amenities: Golf,Highway Access,Near Schools,Recreation Area,Restaurant,Shopping
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Style: Colonial
  • Year Built: 1976
  • Garage: No Garage
  • Heating: Baseboard,Hot Water,Oil
  • Cooling: None
  • Basement: Exterior Entry,Full,Interior Entry,Unfinished
  • Approx Sq. Feet: 2,636
  • Acreage: 2.16
  • Est. Taxes: $5,003
  • Lot Desc: Wooded
  • Appliances: Oil Water Heater
  • MLS#: 1383382
  • Website: https://www.raveis.com
    /eprop/1383382/389douglaspike_northsmithfield_ri?source=qrflyer
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Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Redfin Corporation   Phone: 877-973-3346

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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

389 Douglas Pike, North Smithfield, RI, 02896

$699,000

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 $559,200 $559,200 $559,200
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 $417 $417 $417
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,535 $3,674 $4,681
Total Monthly Payment $4,044 $4,183 $5,190

* 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.