5 Arcadia Avenue, East Providence, RI, 02916 | $385,000
A RARE FIND in sought-after Rumford neighborhood. Quality 1960's construction in quiet low-traffic residential street, off Roger Wms Ave. , with traditional neighborhood feel. Entire home professionally remodeled in 2025 with: All new kitchen cabinets / stainless steel appliances; new h/w floors; new windows; revitalized mechanical systems; maint-free new vinyl siding; new driveway / walkway; fresh landscaping -- Nothing left to do but move in. City water / sewer & natural gas, living here is efficient & carefree. The full unfinished basement, w/ interior & exterior access, offers ample storage area & suitable for finishing-off for potential future add'l living space. Ideal for 1st-time buyers seeking starter home, & suitable for those seeking to down-size. Great condo alternative without burden of HOA fees; low-maintenance living with all benefits of owning a single-family home. Nearby local amenities, such as shopping, restaurants & recreation. Perfectly situated for commuters, moments away from major interstates, the East Side of Prov, and a short 15 min drive to commuter train station. For Golfers: 100 ft from western boundary of the Wannamoisett Country Club, & 1-mile from its main entry. All with the savings benefit of East Providence's 14% homestead R/E tax exemption. Suitable for all mortgage financing (Conv, FHA, VA). IF Closing occurs 45 days or less from date of OFFER acceptance, Seller to provide a $500 Buyer Closing Credit for their purchase of 1 YR HOME WARRANTY.
Features
- Amenities: Golf,Highway Access,Near Hospital,Near Schools,Recreation Area,Restaurant,Shopping
- Rooms: 5
- Bedrooms: 3
- Baths: 1 full
- Style: Ranch
- Year Built: 1963
- Garage: No Garage
- Heating: Baseboard,Gas,Hot Water
- Cooling: Whole House Fan
- Basement: Exterior Entry,Full,Interior Entry,Unfinished
- Approx Sq. Feet: 960
- Acreage: 0.08
- Est. Taxes: $3,639
- Appliances: Dishwasher,Exhaust Fan,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Water Heater
- MLS#: 1382655
- Website: https://www.raveis.com
/prop/1382655/5arcadiaavenue_eastprovidence_ri?source=qrflyer
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William Raveis Family of Services
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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
5 Arcadia Avenue, East Providence, RI, 02916
$385,000
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 | $308,000 | $308,000 | $308,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.906% | 7.025% | 6.026% |
| Monthly Tax Payment | $303 | $303 | $303 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,871 | $2,023 | $2,558 |
| Total Monthly Payment | $2,249 | $2,401 | $2,936 |
* 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