PRICE TO SELL: DON'T MISS OUT!!! POTOWOMUT/BAY RIGE WALK TO WATER HOME with In-Law Apartment or AIRBNB Potential! The 1st level offers 2 Bedrooms, Fully Appliance Kitchen, Dining Area with sliders to an inviting deck, Living Room, Full Bathroom with Shower, and a new highly efficient 2024 Mitsubishi 15K BTU Ductless Mini Split Heating and Cooling, electric heat upstairs is for back up. Home is well insulated and Electric Bills are available. If you Prefer Gas, Gas is Available in the Street. NO Flood Insurance needed. The Lower Level features the 3rd Bedroom, Bathroom with Shower, a Home Office or use this space for whatever your needs are. The Lower Level offers a Family Room with a full walk out to a spacious private back yard for Entertaining. If you choose to leave serenity, walk around the corner to Greenwich Bay to Enjoy Swimming, Kayaking, Fishing, or just kick back, relax and enjoy the beach with beautiful views of Sunsets and Sunrises. When looking to venture out, this home is a short ride or walk away from Sandy Point Beach, minutes for Goddard State Park Golf Course, or join the Private Potowomut Golf Course, shop at the weekly Farmer's Market, or schedule a horseback ride at Faith Hill Farm. There is an array of restaurants from Al Fresco to Waterfront Dining, Live Theater, Boutique Shopping, and exciting nightlife at Historic Main Street in East Greenwich!
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Our Executive Mortgage Banker:
Our Insurance Division:
$539,900
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 | $431,920 | $431,920 | $431,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.654% | 5.752% |
Monthly Tax Payment | $433 | $433 | $433 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,730 | $2,727 | $3,527 |
Total Monthly Payment | $3,255 | $3,252 | $4,052 |
* 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.