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Enchanting tree lined entry to one of Bristol's beloved treasures-this classic estate was designed and owned by noted architect George Locke Howe, also the author of a history of Bristol called "Mount Hope, A New England Chronicle". Ideally situated on a lovely 2. 65 acres very near Blithewold, the beautiful harbor and Bristol's lively and picturesque downtown, this stately 5-bedroom has a first floor primary suite that overlooks the heated in ground pool area, and charming details throughout. It offers endless opportunities as a primary or secondary home and is a perfect configuration for extended family and friends to gather. Four-year-old roof, new propane heating, and newer windows. Perfectly fine as is, but a little interior updating will go a long way to make this a stunning showstopper and would be well worth the investment! There is a legal 1-bedroom, 1-bathroom cottage on the property that is currently leased on a month-to-month basis (see MLS 1361710). It can remain as a revenue source or converted to any number of uses of your choice. Cottage may need to be shown in subsequent appointment after viewing primary residence.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 |
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Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
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 | $1,149 | $1,149 | $1,149 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,915 | $6,321 | $8,574 |
Total Monthly Payment | $7,189 | $7,595 | $9,848 |
* 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.