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Welcome to 42 Chapel Road, a spacious 3300 square foot colonial, nestled on a . 29 acre lot in the highly coveted Alfred Drown neighborhood of Barrington, RI. Enjoy quiet summer nights on the mahogany railed front porch or take a stroll to any one of three neighborhood beaches or the East Bay Bike Path all within walking distance! The first floor features a gorgeous, window lined sunroom drenched in natural light with cathedral ceilings, an eat-in kitchen that opens to a formal dining room with ample space to entertain, a full bathroom, a bright and airy den/office space that overlooks the front porch, and a stunning formal living room with gorgeous built ins, custom bench seating, and a gas fireplace insert. The second floor offers a primary bedroom/bathroom suite, three additional good sized bedrooms, another full bathroom, and bonus room that serves as a potential fifth bedroom or office space. A second massive, finished bonus room sits over the attached two car garage for even more functional living space that can be easily customized to your needs. Never worry about unpredictable New England weather with a whole house, automatic, standby generator. Secure your spot in one of Barrington's most desirable neighborhoods and take advantage of blue ribbon schools, stunning beaches, noteworthy restaurants, RI Country Club, and the close knit community feel that is well loved by all of its residents.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,000,000
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 | $800,000 | $800,000 | $800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | $944 | $944 | $944 |
H/O Insurance Payment | TBD | TBD | TBD |
Initial Principal & Interest Pmt | $4,732 | $5,057 | $6,859 |
Total Monthly Payment | $5,768 | $6,001 | $7,803 |
* 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.