Welcome to Shamrock Cliff ! RI! Nestled on a generous 11, 325 square foot lot, this exquisite single-family residence offers a harmonious blend of comfort and luxury, perfect as a principal residence, vacation escape, or income-producing property. This home is designed to cater to your every need. Experience seamless indoor-outdoor living with the updated kitchen and dining area, opening onto the back patio and lush yard. The living room, complete with a vaulted ceiling, picturesque windows, and a cozy gas fireplace, invites relaxation and tranquility. The spacious master suite is a true sanctuary, featuring a private sitting area and a newly updated master bath with a luxurious soaking tub and a custom tile shower complete with a bench. There is a 2nd bedroom and a new half bath for guests on the main level. Unwind in the lower-level family room, enhanced by a warming gas fireplace. A bonus lower-level guest space offers flexibility, complemented by an adjacent full bathroom. Modern comforts include an elevator from the parking level to the main living area. Step outside to your private fenced backyard oasis, where a beautifully landscaped garden, greenhouse, and patio with a gas firepit await. The enchanting outbuilding, featuring a cozy woodstove, is perfect for hobbies or relaxation. Located close to the beach and vibrant downtown Newport, with easy access to shopping, restaurants, the base, and the bridge. Don't miss the opportunity to make this idyllic home yours.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$895,000
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 | $716,000 | $716,000 | $716,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | $525 | $525 | $525 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,065 | $4,409 | $5,946 |
Total Monthly Payment | $4,682 | $5,026 | $6,563 |
* 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.