Beautifully constructed and thoughtfully designed, this custom built contemporary sits on almost 2 acres of private and park-like grounds with gorgeous winter water views, and deeded rights to Cranston Cove Beach for your enjoyment of seaside living and all it has to offer. The open design offers distinctive spaces for comfortable living including an office and craft room, yet enough private area to ensure quiet and peacefulness. The architectural detail is stunning and found at every turn. The kitchen has been beautifully redone with a six person island, quartz counters, a granite sink, high end appliances, and every imaginable pullout and storage in the cabinets. Other amenities include hardwood floors, gas fireplace with marble surround, central air, corian window sills, generator, 4 year young hydro-air heating system, and solar panels (paid for) providing zero dollar electric bills! Perhaps the crowning glory is the 288 square foot deck conveniently located between the kitchen and dining room and covered with a colorful awning, making it a perfect outdoor spot for relaxing or entertaining! This special home in desirable Jamestown has been enjoyed and lovingly cared for by current owners for 34 years. . . it is waiting for its new owner to enjoy for as many years to come.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,875,000
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 | $1,500,000 | $1,500,000 | $1,500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $603 | $603 | $603 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,517 | $9,358 | $12,557 |
Total Monthly Payment | $9,245 | $10,086 | $13,285 |
* 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.