11 Narragansett Avenue, Portsmouth, RI, 02871 | $1,275,000

Welcome to this 2-year young, water view home with captivating vistas of the expansive Sakonnet River, which is only a short distance to the beach! With 3000+ sf, this spacious 4-bed, 3-bath, residence on 3 levels boasts a balcony with eastern exposure overlooking the water, providing the perfect spot to unwind and relish the views. Upon entering, the meticulous upgrades immediately catch your eye. The kitchen is a culinary haven, featuring a top-of-the-line Wolf range with a sleek hood, an extended length quartzite leather honed countertop in a serene "Ocean" color, infusing the kitchen with coastal elegance. An array of coastal chic light fixtures enriches the home's ambiance. The first floor bedroom has been artfully reimagined into a den, ideal for entertainment. The spacious primary bedroom offers water views and its en-suite bathroom now showcases chic shower doors. In another full bathroom, exquisite tile work has been added above the shower, elevating the space. The third floor balcony is an idyllic spot to enjoy coffee or cocktails while taking in the serene water views. The property also offers private outdoor space in the rear and side yards. Water enthusiasts will delight in the easy access to the water to indulge in nautical pursuits. The home's systems are only 2-years old, featuring a highly energy efficient and quiet, electric Mitsubishi hyper heat and air conditioning system, ensuring modern comfort and convenience.

Features

  • Amenities: Golf,Highway Access,Marina,Near Schools,Restaurant,Shopping,Tennis Court(s)
  • Rooms: 11
  • Bedrooms: 4
  • Baths: 3 full
  • Style: Colonial
  • Year Built: 2022
  • Garage: 1-car Attached,Built In,Detached,Garage
  • Heating: Central,Electric,Heat Pump,Propane,Zoned
  • Cooling: Heat Pump,Central Air
  • Basement: Exterior Entry,Full,Interior Entry,Unfinished
  • Approx Sq. Feet: 3,210
  • Acreage: 0.2
  • Est. Taxes: $11,872
  • Lot Desc: Corner Lot
  • View: Saltwater,Water
  • Appliances: Dryer,Dishwasher,Electric Water Heater,Microwave,Oven,Range,Refrigerator,Range Hood,Tankless Water Heater,Washer
  • MLS#: 1362332
  • Website: https://www.raveis.com
    /eprop/1362332/11narragansettavenue_portsmouth_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
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 Lila Delman Compass   Phone: 401-848-2101

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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

11 Narragansett Avenue, Portsmouth, RI, 02871

$1,275,000

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 $1,020,000 $1,020,000 $1,020,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment $989 $989 $989
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,476 $6,034 $8,402
Total Monthly Payment $6,590 $7,148 $9,516

* 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.