Don't miss out on this magnificent custom built, 4000 sq ft, 6 bdrm, 4 full 1 1/2 half bath Gambrel style house with a huge wrap around covered porch. As you enter this first floor open concept home, you will notice the stunning trim work of wainscoting and coffered ceiling in the great room with custom dry bar. A beautiful gourmet kitchen awaits the new chef of this home with granite countertops farmhouse style sink and walk in pantry. Also located on the first floor is a master bedroom with full bath, a laundry room, a mud room and a 1/2 bath for Guests. Stunning trim work continues to the second floor where there is a second Master bedroom with full bath, 2 more bedrooms with a share full bath and another laundry room, Continuing to the 3rd floor there are 2 bedrooms with a shared full bath and a very large bonus area. The full-sized unfinished walk out basement can be custom finished, under slab plumbing is already in place for full bath. Pre-approved for a 24x24 garage. This wonderful home is constructed of the Structural Insulated Panels or SIPS. these panels are highly energy efficient for more information related to these panels please visit website for more information. Within walking distance to Green Hill Beach, the property has membership availability to two beach associations. One is The Hill Association and the other is Green Hill Civic Association. This is a dream home for large gatherings. Agent r.
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William Raveis Real Estate
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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 | $2,232,000 | $2,232,000 | $2,232,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $780 | $780 | $780 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,025 | $14,108 | $18,835 |
Total Monthly Payment | $13,930 | $15,013 | $19,740 |
* 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.