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Adorable and classic in all the right spots, yet modern and efficient throughout, this sweet 3-bedroom, 2 full bath Saltbox Cape is the perfect home for first-time buyers, downsizers, or anyone looking for the ultimate slice of seaside Barrington living. A stone's throw from the clear waters of 100 Acre Cove, perfect for kayaking, you step into a welcoming layout with warm modern flooring. The living room delights with sunshine through windows on two sides, as does the formal dining room. Updated appliances elevate the kitchen with a side entry to the driveway for easy grocery drop off. The fenced-in yard has tall arborvitae for extra privacy. A 1st-floor bedroom and full bath let you enjoy the ease of one-level living, while the upstairs bedrooms provide spacious retreats with a full bath. The finished lower level is equally suited to entertaining or remote working w/ laundry nearby. Close to Hampden Meadows School, coastal living awaits at the Barrington Yacht Club and at sparkling Barrington Beach. A thriving restaurant scene and unique gift shops are a short drive away. Find fresh produce at Four Town Farm. Discover the East Bay Bike Path and the Rhode Island Country Club. You'll also be 9 miles from all the business and entertainment of downtown Providence.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $475,200 | $475,200 | $475,200 |
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 | $515 | $515 | $515 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,043 | $3,158 | $4,007 |
Total Monthly Payment | $3,650 | $3,765 | $4,614 |
* 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.