Direct Water Front with Private Dock. Appx 100' of Water Frontage on Wequetequock Cove-Little Narragansett Bay. Unobstructed views of Elihu Island and Sandy Point. An ideal retreat for Water sport enthusiasts. This amazing 4, 219 sq. ft. 4 Bedrooms, 3 and 1/2 Bath Nantucket Colonial is Nestled on 1. 58 acres and includes a First Floor Bedroom Suite. Spacious open layout offers and ideal layout for entertaining. Enjoy hours of enjoyment with your private fixed 15' Dock with 35'x15' ramp to 8'x20 float. This Nantucket style home offers a unique blend of privacy and convenience with luxurious living. The multi-level stone patio extends the living space outdoors, providing for an ideal setting for alfresco dining or soaking in the panoramic water views. And, enjoy views to forever from your Widows Walk! Each room in this beautiful home maximizes the view with waterside windows. The living room ceiling rises to the second floor bringing in the outdoors and natural light. This beautiful home and location is perfect for those who cherish coastal living and provides unparalleled access to nearby beaches, Block Island, Fishers Island, and Watch Hill, RI and just steps to Barn Island Coastal Preserve. A 1, 000 acre Preserve with Boat Launch, ideal for Hiking, Biking, Paddling, Bird Watching and Boating! Truly Resort Living at it's finest! Vacation at Home all year round!
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Bay/Bow Window,Bedroom Suite,Full Bath,Walk-In Closet,Wall/Wall Carpet | 12.0 x 16.0 | Main |
Bedroom 2 | Full Bath,Walk-In Closet,Wall/Wall Carpet | 17.0 x 22.0 | Upper |
Bedroom 3 | Hardwood Floor | 17.0 x 14.0 | Upper |
Dining Room | Combination Liv/Din Rm,Hardwood Floor | 9.0 x 12.0 | Main |
Eat-In Kitchen | Breakfast Bar,Granite Counters,Double-Sink,Island,Hardwood Floor | 15.0 x 17.0 | Main |
Full Bath | Tub w/Shower,Tile Floor | 5.0 x 11.0 | Main |
Full Bath | Stall Shower,Tile Floor | 7.0 x 7.0 | Upper |
Half Bath | Tile Floor | 3.0 x 12.0 | Main |
Living Room | Balcony/Deck,Book Shelves,Fireplace,French Doors,Hardwood Floor | 16.0 x 22.0 | Main |
Office | 11.0 x 11.0 | Upper | |
Primary Bath | Granite Counters,Double-Sink,Hydro-Tub,Stall Shower,Tile Floor | 14.0 x 13.0 | Upper |
Primary BR Suite | Balcony/Deck,Bedroom Suite,French Doors,Full Bath,Hardwood Floor | 20.0 x 16.0 | Upper |
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,796,000 | $2,796,000 | $2,796,000 |
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 | $1,776 | $1,776 | $1,776 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,875 | $17,443 | $23,406 |
Total Monthly Payment | $17,776 | $19,344 | $25,307 |
* 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.