PRICE JUST REDUCED DON'T MISS OUT !! MULTI-FAMILY IN CRANSTON WEST !! An EXCEPTIONAL GEM, a RARE FIND and an INCOME PRODUCER. This Property Truly Stands-Out and MUST BE SEEN to be Fully Appreciated!! The Modern Interiors of This Magnificent Multi-Family Boast (3) Generous Sized Bedrooms in Each Unit; Providing an Abundance of Ample Living Space. Upgraded Materials Include: Elegant Granite Counters, Decorative Tile Backsplash, Oak Hardwood Floors in Living Room, New Lighting Fixtures and Stainless Steel Appliances. Key Features Include : A New Architectural Roof, New Water Heater, Wood Porch, and Each Unit Offers Convenient Washer/Dryer Hook-Ups. The Exterior of this Property is Equally Impressive, Sitting on a Sprawling 20, 167 Square Foot Lot and Includes an Oversized Driveway, and Fenced-In-Yard. The Exterior has also Undergone Significant Upgrades Including: a BRAND NEW SEWER CONNECTION, a Beautifully Designed Landscape that Enhances Curb Appeal, and New Detailed Vinyl Siding, Shutters, Gutters/Downspouts and Columns that Give the Property a Bold and Captivating Appearance. Located Near Schools, Highways, and Shopping. (Photos were taken before the units were rented. )
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William Raveis Real Estate
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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 | $479,999 | $479,999 | $479,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $456 | $456 | $456 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,274 | $3,190 | $4,048 |
Total Monthly Payment | $3,822 | $3,738 | $4,596 |
* 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.