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Located conveniently on the North Smithfield border, this attractive Cape Cod style home presents a wonderful opportunity for comfortable living. This home boasts classic charm and a traditional layout with thoughtful updates and added amenities. Step inside to discover a welcoming atmosphere, where a dedicated formal dining room provides an elegant space for hosting memorable dinners and gatherings. The adjacent kitchen has been thoughtfully updated with modern appliances, ensuring both style and functionality for the home chef. The main level offers the added convenience of a comfortable bedroom, providing flexibility and ease of access, and a full bathroom with a walk-in shower. Ascend to the second floor to find two additional generously sized bedrooms, each offering a peaceful retreat. Extend your living space outdoors onto the expansive deck, the perfect spot for al fresco dining, relaxing with a good book, or simply enjoying the views of the private, fenced-in backyard an ideal haven for outdoor activities and pets. The property also features a partially finished walk-out basement, offering valuable supplementary space that can be customized to suit your needs, whether it be a recreation room, home office, or additional storage. Provided at an exceptional value, this Cape Cod home combines the tranquility of suburban living with easy access to local amenities and major routes. Embrace the opportunity to own a charming piece of Rhode Island at a fantastic price.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $280,000 | $280,000 | $280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 7.166% | 6.268% |
Monthly Tax Payment | $213 | $213 | $213 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,793 | $1,861 | $2,361 |
Total Monthly Payment | $2,081 | $2,149 | $2,649 |
* 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.