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Presented by
Paul Fleming |
503 Corey Lane, Middletown, RI, 02842 | $549,000
Rare and unique single level 2-bedroom, 2-bathroom Condo in the desirable Whitehall Farm neighborhood of Middletown. The entire exterior of all units underwent a complete restoration, including new roofs, composite siding, and repaving of driveways and access roads. This end unit has lots of natural light and two private patios. The living room has high ceilings, recessed lighting, and a wood-burning fireplace. Sliders lead to a very private patio. The adjacent kitchen and dining area also offer easy access to the patio. There is an up and down laundry closet and convenient garage access. The spacious primary suite has ample closet space and an en-suite bath. The second bedroom is across from a full bath and is perfect for guests. The serene, park-like grounds feature mature trees and plantings. These amenities combined with close access to the beaches and the local post-and-beam farmers market with its own caf , seasonal entertainment and a pick-your-own farm make this condo a highly sought-after investment. It is a short drive to restaurants, shopping and downtown Newport. This property offers the perfect blend of a peaceful setting and convenience to everything you might need or desire.
Features
- Parking: 3-car
- Heating: Forced Air,Gas
- Cooling: None
- Amenities: Golf,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
- Rooms: 5
- Bedrooms: 2
- Baths: 2 full
- Laundry: In Unit
- Complex: Whitehall Farm
- Year Built: 1986
- Common Charge: $740 Monthly
- Approx Sq. Feet: 1,108
- Est. Taxes: $3,586
- Lot Desc: Wooded
- Pets Allowed: Yes
- Appliances: Dryer,Dishwasher,Electric Water Heater,Disposal,Oven,Range,Refrigerator,Washer
- MLS#: 1365150
- Website: https://www.raveis.com
/raveis/1365150/503coreylane_middletown_ri?source=qrflyer
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.
Paul FlemingSales Associate
401.241.5648
Paul.Fleming@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
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- 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.
Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 7654
401.474.4879
Whitney.Rugg@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@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
503 Corey Lane, Middletown, RI, 02842
$549,000
Paul Fleming
Sales Associate
William Raveis Real Estate
Phone: 401.241.5648
Paul.Fleming@raveis.com
Whitney Rugg
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 | $439,200 | $439,200 | $439,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
| Monthly Tax Payment | $299 | $299 | $299 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,922 | $2,919 | $3,766 |
| Total Monthly Payment | $3,313 | $3,310 | $4,157 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB