This vintage seasonal cottage is attractive for its ideal location in a quiet neighborhood near the ocean. The surrounding area is undergoing revitalization, which may increase its investment potential. This two-bedroom, two-bath cottage features oak flooring, an eat-in kitchen, living room, and a sun porch that serves as a third bedroom. The large back deck is perfect for gatherings. It is in the Misquamicut Fire District with access to three private beaches. For those interested in building their dream home, the lot offers ample space for a variety of architectural and landscaping designs.
Type:
Single-family residential
Subdivision:
Misquamicut Fire District
Construction
Drywall,Other
Amenities:
Recreation Area
Appliances:
Electric Water Heater, Microwave, Oven, Range, Refrigerator
44 Benson Avenue, Westerly, RI, 02891
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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