A mint condition five-bedroom home on almost 17 acres in sought after South Westport on a private road. This 7, 500 square foot residence was created in the 1980s with large spacious rooms over steel framing designed to withstand nor'easters and hurricanes. The first floor hosts a large versatile airy living room with fireplace, a dining room with a fireplace, a den/entertainment center, a fully equipped eat-in kitchen with a wall of windows, an induction stove top with dual ovens, refrigerators, sinks and dishwashers. There is a first-floor bedroom with ensuite bathroom currently used as an office. The first floor has a well-equipped laundry room and a half bath. The second floor offers four bedrooms with full baths and an additional complete suite. The entire third floor is an owner's suite with mini pantry, fireplace and private balcony with distant views of Buzzards Bay and the Atlantic Ocean. In addition to the main house there is a large pool ensuite with a sizable pool house with butler's pantry, full bath and dryer. The roof has a solar panels system. The main house is heated and cooled with a newly installed heat pump for cooling and heating with additional heat with oil. The home is conveniently located to Providence and Boston. A rail link to Boston is almost completed and will soon link either Fall River or New Bedford.
Type | Description |
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Living Room | Wood / Coal / Pellet Stove, Flooring - Hardwood |
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,500,000
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 | $3,600,000 | $3,600,000 | $3,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $1,150 | $1,150 | $1,150 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,724 | $22,754 | $30,379 |
Total Monthly Payment | $21,999 | $24,029 | $31,654 |
* 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.