A wonderful home in the Mettatuxet, a quiet hamlet by the Narrow River. This home is located on a peaceful street, walkable to the Narrow River. The generously proportioned interior flows effortlessly from the open living space to a second level master suite. A spacious living and dining area, a new eat-in-kitchen, five total bedrooms, and two full bathrooms creates a spacious home. A partially finished basement offers plenty of storage, and a deck overlooking a large quarter acre lot is great for dining and relaxing. Minutes to beaches, shops, eateries and transportation this home provides all the elements for relaxing, comfortable and easy-care living. There is a small neighborhood beach, and the Mettatuxet Yacht Club 66 boat slip marina, boat launch, clubhouse, and facilities for members. Take a quick drive to the picturesque streets of Ocean Road and Narragansett Beach or a five minute drive to Bonnet Shores Beach Club and Kelly Beach. Take about a 20 minute ride over the bridge to Newport where you can explore vineyards, mansions, shops, and award-winning dining. Near Route 1 and Route 4. Parks, hiking trails and golf courses all within minutes. This home is available furnished or unfurnished.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $3,600 | $3,600 | $3,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.421% | 6.644% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $24 | $25 | $31 |
Total Monthly Payment | $99 | $100 | $106 |
* 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.