Experience the epitome of luxury living with breathtaking views; Nestled at the end of a culdesac at the waters edge, this end unit is well built and meticulously maintained by the original owners. Upon entering you are greeted by the elegance of this well designed home and have everything you need for one level living. Features include large office/ den with french doors and access to side grilling patio, generous formal dining room, two story living room with floor to ceiling water facing windows open to gourmet kitchen. Enjoy the ever changing dramatic sunsets from the expansive deck (with new composite decking) covering the entire width of the home. Main level ensuite primary bedroom has 2 generous closets and back deck to bring in the morning light. Upper level offers an open den, luxurious second primary en-suite with Brazilian cherry floors, barreled ceiling and 2 walk in closets. Entertain with ease in the finished lower level with home theatre, family room with gas fireplace, billard area, guest bedroom and full bath. Oversized walkout custom patio built from stone native to the villages property completes the lower level. The positioning of this home within the villages is one of the most private, with a grassy hill to your east, expansive lawn to your west and nothing but nature to look at and enjoy. Gated 55+ Community with pool, fitness, tennis, pickle ball, water access and community activities short drive to area beaches, Bristol, Newport and Providence.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,695,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,356,000 | $1,356,000 | $1,356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | $1,037 | $1,037 | $1,037 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,593 | $8,239 | $11,170 |
Total Monthly Payment | $8,754 | $9,400 | $12,331 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.