Experience coastal paradise at its finest! Step into this exquisite new construction home, a coastal dream come true. Nestled at the end of a tranquil dead-end street, this 3-bedroom, 2. 5-bath colonial boasts direct access to a breathtaking bayside beach and is mere minutes away from the stunning Conimicut Point. Indulge in the convenience of 2nd-floor laundry and relish the luxury of a spacious primary bedroom with a lavish ensuite bath and walk-in closet. The sun-drenched interior is complemented by modern stainless steel appliances, central air, and upgraded fixtures. Enhanced with delightful features, including a new shed, driveway, and PVC fencing, this home offers everything you desire for coastal living. Entertain your loved ones on the covered front farmer's porch while savoring the scenic views. Don't miss this fantastic summer opportunity to make this sought-after neighborhood your own. Embrace the coastal lifestyle you've always craved. Secure your slice of paradise now!
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Our Executive Mortgage Banker:
Our Insurance Division:
$469,900
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 | $375,920 | $375,920 | $375,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $470 | $470 | $470 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,501 | $2,498 | $3,223 |
Total Monthly Payment | $3,046 | $3,043 | $3,768 |
* 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.