The endless potential of this circa 1900 Norman Morris Isham Tuder Revival is matched only by its endless views of the upper bay and Still House Cove. Zoned B1 allowing for two unis, this 8 bedroom, 5 1/2 bath, 4 level treasure has two fireplaces and virtually untouched original detail, custom woodwork, stained glass windows, hardwood floors and 10' high ceilings. Water views protected by an easement. A generous 3 season porch provides a sheltered retreat to enjoy the full vistas of the bay. 8, 000 square foot lot with over 4, 500 square feet of living area. Situated between The Edgewood Yacht Club and Rhode Island Yacht Club. Close proximity to Historic Pawtuxet Village that is lined with quaint cafes, local restaurants & specialty shops. Easy access to the Interstate and a short drive to Downtown Providence, major hospitals and all amenities. The property is being sold both as the existing house on an 8, 000 square foot lot with a view easement over the 6, 000 square foot parcel fronting Narragansett Boulevard at $950, 000. The 6, 000 square foot lot is being offered with all engineering and subdivision plans approved at $575, 000. The property in its entirety, the house on a 14, 473 square foot lot can be purchased for $1, 325, 000.
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Our Insurance Division:
$950,000
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 | $760,000 | $760,000 | $760,000 |
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 | 6.902% | 6.486% | 6.056% |
Monthly Tax Payment | $1,272 | $1,272 | $1,272 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,315 | $4,741 | $6,362 |
Total Monthly Payment | $5,679 | $6,105 | $7,726 |
* 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.