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LOCATED IN DESIRABLE COWESETT! Beautifully updated home in the heart of Cowesett with year-round waterview of Greenwich Bay. This three bedroom, 2 1/2 bath Contemporary is move-in ready, with many updated features including an open floor plan with new kitchen, new primary bath, new on-demand heating system and a freshly painted interior. The home is perfectly situated on a 1/2 acre lot with a private backyard. The rear patio is perfect for summer entertaining while the front yard offers a view to Greenwich Bay. Large windows and skylights throughout the home add to the open feel, bringing the sights and sounds of Greenwich Bay into this updated stunner. The lower level includes an oversized family room and a half bath with laundry including a new washer and dryer. Central AC, an oversized two car garage, and a new storage shed add to its many features. Ideally located, this home is just 1/4 mile to Greenwich Bay marinas, one mile to Main Street East Greenwich shops and restaurants, and ten minutes to RI International Airport. Connected to sewers with no assessment. Don't miss this opportunity. Nothing to do but unpack your bags.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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---|---|---|---|
Loan Amount | $495,920 | $495,920 | $495,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.050% | 6.132% |
Monthly Tax Payment | $611 | $611 | $611 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,094 | $3,258 | $4,151 |
Total Monthly Payment | $3,797 | $3,961 | $4,854 |
* 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.