Nestled in a private gated community, surrounded by open space plus two tennis courts, this custom built contemporary home designed by the world famous Centerbrook Architects offers an exclusive retreat. With 3 bedrooms, 2 full and one half baths, plus a spacious 3213 square feet of living space on a sprawling 1 acre lot, this residence is perfect for a coastal retreat! The living room, media room, dining room and kitchen feature cathedral ceilings, surrounding a beautiful soaring stone fireplace, creating an inviting open atmosphere. The master suite & bath are secluded on the main level as well for added comfort.
There is an integral 2 car garage with water facilities adjacent to rough plumbing for a possible 4th bath. A large separate out building with spaces for 2 more cars plus a loft & unfinished work area provide more storage and / or potential living space. The whole property is protected in the front for privacy by a small hill topped off with a stone terrace with a fire pit for watching our beautiful starry night sky!
No Bottom Pond is quietly located between the town of Westerly with all of it's municipal facilities including a private airport and Amtrak serviced train station and the quaint village of Watch Hill with it's iconic shops & restaurants plus beautiful beaches right on the Atlantic Ocean! Please make an appointment to see this very special offering, it won't last long!!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,100,000
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 | $2,480,000 | $2,480,000 | $2,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $1,107 | $1,107 | $1,107 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,887 | $15,069 | $20,429 |
Total Monthly Payment | $15,119 | $16,301 | $21,661 |
* 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.