YEAR-ROUND WATER VIEWS. Built in 2022, this 2-year young, water view home with captivating vistas of the expansive Sakonnet River is only a short distance to the BEACH and RESTAURANTS! 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 high-end stainless appliances and 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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,220,000
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 | $976,000 | $976,000 | $976,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $989 | $989 | $989 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,696 | $6,169 | $8,236 |
Total Monthly Payment | $6,810 | $7,283 | $9,350 |
* 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.