Welcome to 62 Florence Street, Tiverton, RI! This charming 3-bedroom, 1. 5 bathroom home is ready for its next chapter. Lovingly maintained by the same family for years, it's now awaiting a new steward to bring their vision to life. Step inside and discover a spacious layout with solid bones, perfect for customization. The large kitchen and dining area offer ample space for gatherings, while the cozy sunroom invites you to relax by the gas stove with a good book or enjoy morning coffee. The sunroom opens up to a deck featuring a pool ideal for summer fun and entertaining. Situated on a private lot, the property provides plenty of outdoor space for gardening, recreation, or simply unwinding. With easy access to highways and local amenities, you'll find convenience at every turn. This estate sale property is being sold as-is, presenting a fantastic opportunity for those willing to put in a little elbow grease to make it their own. Whether you're a first-time homebuyer or looking for your next project, 62 Florence Street offers endless potential. Don't miss out on the chance to transform this well-loved home into your dream space. Schedule a showing today and start envisioning the possibilities!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $356,000 | $356,000 | $356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $311 | $311 | $311 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,221 | $2,163 | $2,813 |
Total Monthly Payment | $2,607 | $2,549 | $3,199 |
* 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.