Immaculate custom townhome directly on the waters edge with southern exposure and fantastic views in pristine condition. "The Westerly" is one of the most sought after designs at The Villages on Mt Hope Bay, Newport County's only 55+ water view community. Features include a wide open floorplan, main level living with primary, den, laundry all one one level with a bright and airy contemporary feel. Favorite features: generous sized kitchen with island seating, walk in pantry, den with pocket doors and spacious living room. Current owner added several custom upgrades including Ceaserstone counters and backsplash, custom lighting, custom window shutters, shiplap in den and primary bedroom. Lower level is perfect for your guests or live in help offering a bedroom with walk in closet, additional nap/ exercise room, full bath and large family room. Full basement with an abundance of additional storage in the unfinished portion. Community offers clubhouse, pool, tennis, gated entrances, numerous clubs and social events, tennis, pickleball, model yacht sailing regattas to name a few. Conveniently located off of RT 24 with easy access to Providence, Bristol, Newport and Boston. Easy to show and available for end of summer or fall occupancy.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,579,000
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 | $1,263,200 | $1,263,200 | $1,263,200 |
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 | $1,344 | $1,344 | $1,344 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,781 | $7,472 | $10,405 |
Total Monthly Payment | $8,250 | $8,941 | $11,874 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.