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If your looking for a place with space for everyone including multi generational families, here it is in this HUGE 2734 square foot home with unbelievably six bedrooms and now two full bathrooms and with more possible space in the basement to finish in the future if really needed. Beautiful hardwood floors throughout most of the house. Parking will not be an issue at all with the detached two car garage and the extremely large double wide driveway, which combined will accommodate up to TWELVE vehicles easily!!. . . and you still have a very nice fenced in yard area in the back with a great deck and lower patio siting area with abutting grass to be able to enjoy those great summer cook outs with the family. This unique home has had many upgrades including newer roof, electrical, newer hot water tank and furnace system that has been converted from oil to gas already! Also some interior and exterior renovations have been done as well, but with just a little more work and final touches this great home will be worth so much more and the potential for instant equity for you as a home owner. Perfectly located whether your a commuter to Providence or even Fall River via 195 or continue up RT 24 to Boston if thats where you need to go. This ENORMOUS house would make a great investment property purchase. EAST PROVIDENCE ALSO OFFERS A 14% HOMESTEAD TAX EXEMPTION OFF THE ASSESSED VALUE OF THE PROPERTY IF OWNER OCCUPIED STARTING THE FOLLOWING YEAR OF OWNERSHIP!. . . DEFERRED SHOWINGS UNTIL 5/28
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $335,920 | $335,920 | $335,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.789% | 7.133% | 6.256% |
Monthly Tax Payment | $427 | $427 | $427 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,207 | $2,233 | $2,833 |
Total Monthly Payment | $2,709 | $2,735 | $3,335 |
* 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.