23 Melrose Avenue, Barrington, RI, 02806 | $925,000

Live in one of Barrington's most desirable enclaves - Barrington Harbours Association! Boaters take note membership in Barrington Harbour's Association includes access to a private boat ramp and a dinghy dock. Nestled in picturesque Rumstick Village this property is conveniently situated within walking distance to the center of town, the bike path, Barrington Beach and a delightful array of shops and restaurants. Located a block from Barrington Harbor, 23 Melrose sits on a 23, 450 square foot lot with a serene private back yard. The main level includes a spacious living room with a fireplace, a formal dining room perfect for entertaining and a large kitchen that opens to a small family room. Upstairs there are four bedrooms and two baths, plus a staircase to attic storage. There's a lovely screened in porch off the living room with walkout access to a brick patio. The stunning backyard features a fun swing, pretty trees and gardens. Well cared by the original owners this classic colonial is spacious enough to adapt to any of your potential updates or renovation needs. Barrington brims with amenities, includng Blue Ribbon schools, the Barrington Yacht Club, YMCA, East Bay Bike, Barrington Beach and Rhode Island Country Club. Just 20 minutes to Providence, with easy access to both Boston and New York. Don't miss the chance to own this fabulous home!

Features

  • Amenities: Golf,Highway Access,Marina,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Style: Colonial
  • Year Built: 1951
  • Garage: 2-car Attached,Garage
  • Heating: Baseboard,Oil
  • Cooling: None
  • Basement: Exterior Entry,Full,Interior Entry,Unfinished
  • Approx Sq. Feet: 1,936
  • Acreage: 0.54
  • Est. Taxes: $13,615
  • HOA Fee: $150 Annually
  • Appliances: Dryer,Dishwasher,Oven,Oil Water Heater,Range,Refrigerator,Water Heater,Washer
  • MLS#: 1367416
  • Website: https://www.raveis.com
    /prop/1367416/23melroseavenue_barrington_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Residential Properties LTD.   Phone: 401-245-9600

William Raveis Family of Services

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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:

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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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

23 Melrose Avenue, Barrington, RI, 02806

$925,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $740,000 $740,000 $740,000
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 $1,135 $1,135 $1,135
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,972 $4,377 $6,096
Total Monthly Payment $5,199 $5,604 $7,323

* 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.