Located in the historic village of Kingston, boasting tree lined streets and brick sidewalks one comes upon the charming Solomon Fayerweather house. Solomon Fayerweather was the village blacksmith. This stately Colonial home situated is on 13, 000 s. f. with old maple trees, mature Japanese maple and gorgeous open space behind the house. Built in 1852 and now an historic plaque house from 1852 this 3/4 bedroom, 2 1/2 bath colonial is a blend of old and new. On the first floor is a warm formal living room with a wood burning fireplace, a light filled dining room, a usable kitchen waiting to be reimagined, a half bath/laundry room and a cozy den. The large primary bedroom suite is also on the first floor and was a seamless addition to the home in the 1980's. Hardwood floors abound in almost every room! Outside find a brick patio, sit and enjoy a cup of coffee while gazing at the private bucolic view. There is also a 2 car detached garage. Conveniently located 2 blocks to the University of RI, near Kinney gardens and Fayerweather Craft House. Close to downtown Wakefield, bike path, train station, library, pizza, beaches, and local cultural amenities. Easy access to Rte 1. Two hour drive to Boston and three hour drive to NYC. Depending on your preference, updating may be required.
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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 | $500,000 | $500,000 | $500,000 |
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 | $333 | $333 | $333 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,411 | $3,323 | $4,217 |
Total Monthly Payment | $3,836 | $3,748 | $4,642 |
* 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.