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46 Simmons Road, Little Compton, RI, 02837 | $1,149,000
Welcome to Center Farm, your dream property nestled in the picturesque landscape of Little Compton, Rhode Island! This exceptional estate features a charming three-level log main house, a cozy 2-bedroom cottage, a spacious barn, and an expansive 16. 8 acres of land of which 10. 5 acres are protected by the Little Compton Agricultural Conservancy Trust, ensuring the land is preserved for future generations. The main house boasts a welcoming covered porch, 4 spacious bedrooms, 1. 5 bathrooms, a pellet stove and plenty of storage space. The cottage provides an ideal retreat, featuring 2 bedrooms, 1 bathroom and private deck perfect for guests, extended family, or as an income-generating rental. The vast acreage presents incredible potential for subdivision, offering numerous options for future development or expansion. Imagine the possibilities build your dream home, create a family compound, explore investment opportunities, or simply enjoy unparalleled privacy and tranquility. With ample space for outdoor activities, gardening, and soaking in the natural beauty, this property has it all. The barn and barn loft also offer additional opportunities, whether for keeping animals or creating extra living space. Conveniently located just minutes from stunning beaches, local shops, and nature trails, this property provides the perfect blend of seclusion and accessibility. Don't miss your chance to own a piece of Little Compton paradise schedule a showing today! Buyer to pay LCAT.
Features
- Amenities: Marina,Recreation Area,Restaurant
- Rooms: 10
- Bedrooms: 6
- Baths: 2 full / 1 half
- Style: Log Home,Ranch,Tri-Level
- Year Built: 1985
- Garage: No Garage
- Heating: Baseboard,Oil,Pellet Stove
- Cooling: None,Window Unit(s)
- Basement: Exterior Entry,Finished,Interior Entry,None
- Approx Sq. Feet: 3,275
- Acreage: 16.8
- Est. Taxes: $3,100
- Lot Desc: Multiple lots,Private,Secluded,Wooded
- Appliances: Dryer,Dishwasher,Microwave,Oven,Oil Water Heater,Range,Refrigerator,Tankless Water Heater,Washer
- MLS#: 1364104
- Website: https://www.raveis.com
/prop/1364104/46simmonsroad_littlecompton_ri?source=qrflyer
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William Raveis Family of Services
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888.699.8876
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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
46 Simmons Road, Little Compton, RI, 02837
$1,149,000
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 | $919,200 | $919,200 | $919,200 |
| 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 | $258 | $258 | $258 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,934 | $5,437 | $7,572 |
| Total Monthly Payment | $5,317 | $5,820 | $7,955 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB