This spectacular property of refined elegance enjoys elevated and mesmerizing views overlooking Narragansett's picturesque coastline, with unobstructed views of the Atlantic Ocean. The main level welcomes you with an open and inviting layout that blends contemporary functionality with enduring allure, and includes a gourmet kitchen, a culinary haven adorned with tile floors, quartz countertops, and custom made cabinetry; spacious dining area; living areas with tile floors, custom blinds, a cozy gas fireplace, and serene water views creating an ambiance of tranquility; mud/room study; and half bath. Venture upstairs to discover three bedrooms, each with private full bathrooms and ample closet space. The master en suite is a sanctuary of sophistication, showcasing a spacious walk-in closet, spa worthy master bath, shiplap walls, herringbone tile floors, and awe-inspiring ocean views. Retreat to the outdoor oasis, where a wrap-around stone patio and outdoor kitchen awaits. Revel in this idyllic setting, perfect for entertaining or savoring peaceful moments amidst a captivating coastal backdrop. Nestled at the end of a cul-de-sac, this exceptional property provides direct beach access, allowing you to immerse yourself fully in the coveted coastal lifestyle. Embrace this rare opportunity to make this property your own and enjoy its array of amenities and breathtaking natural surroundings.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,290,000
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 | $2,632,000 | $2,632,000 | $2,632,000 |
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 | $938 | $938 | $938 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,360 | $16,636 | $22,210 |
Total Monthly Payment | $16,423 | $17,699 | $23,273 |
* 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.