Rare offering. One of the last undeveloped lots in the desirable Bonnet Point. Extraordinary flat lot on a quiet street with just a short walk to Kelly Beach in one direction and Bonnet Point in the other. The potential for lovely water views are endless with a completed structure. Approvals needed but property has had a water verification table in the past which has expired. Build your dream second home or year round residence and enjoy all the amenities of the Bonnet Shores Beach Community. Conveniently located within 15 minutes to historic Newport, 1.5 hours to Boston and 3 hours to NYC. Don't miss this unique opportunity.
Subdivision:
Bonnet Shores Beach
Permitted Use
Single Family
Utilities
Electricity Available
View Description:
Saltwater,Water
Amenities:
Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
21 Namcook Road, Narragansett, RI, 02882
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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