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331 Third Beach Road, Middletown, RI, 02842 | $1,100,000
Beach Bound Beauty! Welcome to 331 Third Beach Road, an Idyllic location: private country seaside living at its best near the Atlantic Ocean with remarkable beaches that neighbor the protected lands of Norman Bird Sanctuary. Bike rides or walks to Sachuest Point National Wildlife Refuge, Sweet Berry Farm, a charming farm market, and Caf . This exceptional location is artistically known as Paradise Valley, surrounded by undeveloped land. This sun-lit ranch-style home offers one-level living, three bedrooms, and two baths, with two unique separate wings for private living. It also has a finished basement, a wood stove-set partial bath, an attached garage, and a quaint front porch with a spacious back deck overlooking pristine considerable grounds with mature gardens, specimen flowering trees, and award-winning rose gardens. A true gardener haven! The property provides an excellent opportunity to live in a secluded and tranquil setting with sensational ocean breezes yet minutes from Newport. Built in the 50s with a solid construction, integrity, and good maintenance, with unique and charming upgrades. Freshly painted with the original Red Oak flooring, all beautifully refinished. The perfect beach house, second home, year-round living, or a possible investment with Airbnb summer weekly rentals allowed. Come view this island oasis, ideally located to enjoy a remarkable coastal saltlife lifestyle. Move in ready!
Features
- Amenities: Golf,Marina,Recreation Area
- Rooms: 5
- Bedrooms: 3
- Baths: 2 full
- Style: Ranch
- Year Built: 1953
- Garage: 1-car Attached,Garage
- Heating: Baseboard,Hot Water,Oil,Zoned
- Cooling: 1 Unit
- Basement: Full,Interior Entry,Partially Finished
- Approx Sq. Feet: 2,060
- Acreage: 0.34
- Est. Taxes: $5,214
- Appliances: Dryer,Dishwasher,Exhaust Fan,Electric Water Heater,Oven,Range,Refrigerator,Washer
- MLS#: 1366275
- Website: https://www.raveis.com
/prop/1366275/331thirdbeachroad_middletown_ri?source=qrflyer
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William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
331 Third Beach Road, Middletown, RI, 02842
$1,100,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| 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 | $435 | $435 | $435 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,724 | $5,206 | $7,249 |
| Total Monthly Payment | $5,283 | $5,765 | $7,808 |
* 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