Situated in the desirable Pawcatuck neighborhood of Stonington, this classic white Cape Cod-style home offers a blend of charm and functionality. With 4 bedrooms and 2 full baths, this property is ideal for those seeking a peaceful setting near the coast. The main level features a cozy living room complete with a fireplace, perfect for relaxation. The kitchen flows into the dining room, and a welcoming foyer creates an inviting entrance. Two bedrooms and a full bath are also conveniently located on the first floor. Upstairs, you'll discover two generously sized bedrooms and an additional full bath, providing a flexible layout for various living arrangements. The property sits on a well-maintained 0. 26-acre lot with a lovely yard. You can enjoy views of the Pawcatuck River from the home, adding to its tranquil appeal. Located in a quiet yet convenient area, this home is just minutes from downtown Pawcatuck, Stonington, and nearby Westerly, RI. Enjoy easy access to local shops, restaurants, and the scenic coastline, all while being close to Route 1 and other major conveniences. With public water and sewer services, this home is move-in ready and offers a great opportunity to enjoy the coastal lifestyle in one of the area's most sought-after locations.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | 18.0 x 13.0 | Upper | |
Bedroom 2 | 11.0 x 9.0 | Main | |
Bedroom 3 | 12.0 x 13.0 | Main | |
Dining Room | Hardwood Floor | 12.0 x 8.0 | Main |
Kitchen | 8.0 x 10.0 | Main | |
Living Room | Fireplace,Hardwood Floor | 15.0 x 14.0 | Main |
Primary Bedroom | 16.0 x 16.0 | Upper |
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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 | $308,000 | $308,000 | $308,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $382 | $382 | $382 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,049 | $2,047 | $2,597 |
Total Monthly Payment | $2,506 | $2,504 | $3,054 |
* 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.