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40 West Main Road, Little Compton, RI, 02837 | $650,000
Situated on just over an acre perched on Windmill Hill, this post and beam ranch-style home features open concept living with the kitchen, living and dining rooms facing west with vaulted ceilings, exposed wood work and wood-burning fireplace. Two sliding glass doors open to the large adjoining deck overlooking the lap pool and western facing views with potential seasonal peek-a-boo views of Almy Creek and Portsmouth. The main living level is completed with three bedrooms, two baths and an office/den/guest room. The lower level features an integral 2-car garage, mechanical and storage room, laundry room and a cabana bath with changing area that leads out to the pool deck and patio. The large yard has many mature trees, perennial plantings and the remnants of a green house that may be able to be restored. This home is serviced by a private well and septic system. 40 West Main Road is minutes away from the farm stands and public beaches in both Little Compton and South Tiverton, with the shops and eateries of Historic Tiverton Four Corners five minutes by car to the North. This is an Estate Sale, being sold as-is and subject to probate court approval with Buyers responsible to complete their own due diligence. Buyer to pay LCACT at time of closing.
Features
- Rooms: 6
- Bedrooms: 3
- Baths: 2 full / 1 half
- Style: Contemporary,Ranch
- Year Built: 1985
- Garage: 2-car Built In
- Heating: Oil,Zoned
- Cooling: Wall Unit(s)
- Basement: Full,Partially Finished,Walk-Out Access
- Approx Sq. Feet: 2,125
- Acreage: 1.05
- Est. Taxes: $2,310
- Appliances: Oil Water Heater
- MLS#: 1366765
- Website: https://www.raveis.com
/prop/1366765/40westmainroad_littlecompton_ri?source=qrflyer
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William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
40 West Main Road, Little Compton, RI, 02837
$650,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
| Monthly Tax Payment | $193 | $193 | $193 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,503 | $3,456 | $4,385 |
| Total Monthly Payment | $3,787 | $3,740 | $4,669 |
* 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