0 Seapowet, Avenue, Tiverton, RI, 02878 | $2,000,000

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.

Features

  • Amenities: Highway Access,Marina,Near Schools,Recreation Area,Restaurant,Shopping
  • Zoning: R80
  • Frontage: 220
  • Lot Desc: Level
  • View: Saltwater,Water
  • MLS#: 1363868
  • Website: https://www.raveis.com
    /prop/1363868/0seapowet_avenue_tiverton_ri?source=qrflyer
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Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Compass   Phone: 401-635-8887

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

0 Seapowet, Avenue, Tiverton, RI, 02878

$2,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

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.