South Tiverton Seapowet Area- 6 acres of pristine farmland in the heart of S. Tiverton, surrounded by the breathtaking State of RI Seapowet Marsh Wildlife Management Area a 260-acre wildlife refuge, making it a haven for nature enthusiasts and outdoor adventurers. Situated in a truly special location, this land offers the perfect setting for a variety of recreational activities, including swimming, kayaking, windsurfing, and fishing. With easy access to the beach, you can enjoy lazy days by the water or embark on a scenic boat ride from the nearby boat launch. Convenience meets charm as this property is just a short walk or ride away from Tiverton's Historic Four Corners, one of the Farmcoasts' quaint coastal villages. Here, you'll find an array of charming cafes, eclectic shops, galleries, antiques, boutiques, and delightful spots for wine and cheese enthusiasts. Despite its serene surroundings, the property is also conveniently located near highways, offering a quick 35-minute drive to Providence and just an hour to Boston. Nature lovers will be enchanted by the rolling farmlands that teem with birds and wildlife, providing easy access to the pristine marshes, sandy beach, and scenic shoreline. The lot has east and west exposure, is level, cleared, and actively farmed, making it an ideal canvas to build your dream seaside country estate. Potential to sub-divide, buyers' due diligence. Don't miss the chance to create your own private retreat in this captivating location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
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 | $1,600,000 | $1,600,000 | $1,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,085 | $9,982 | $13,394 |
Total Monthly Payment | $9,210 | $10,107 | $13,519 |
* 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.