Unparalleled panoramic views from this unique waterfront property on Narrow River with its own private dock. Come experience the coastal life and explore the waterway, Narragansett Beach and the ocean. This custom built contemporary is perfectly situated on almost half an acre on a four property cul-de-sac creating a quiet retreat. Stunning paver and brick driveway with landscaped grounds complete the setting. Once inside, the plethora of windows create a light filled space with endless mesmerizing views to relax and unwind. The main open and airy living space features a brick fireplace, hardwood floors and an impressive tongue and groove cathedral ceiling. Up a short set of steps there is a primary bedroom with ensuite bathroom, two charming bedrooms, another full bathroom all with cathedral ceilings, hardwood floors and floor to ceiling windows that capture wonderful light. Down a short set of steps there is a laundry room, original wine cellar, roughed in full bath and storage room which could be finished for additional expansion. The lower level offers a wet bar and recreation room. Over 70 feet of newer L shaped dock and 157 feet of water frontage. Carport and shed. 1. 5 hours to Boston and 3 hours to NYC, 20 minutes to the airport. Close to restaurants, shopping, entertainment, arts, Narragansett Pier and Wakefield. Besides its perfect setting and inherent style this property has endless possibilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,900
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 | $1,119,920 | $1,119,920 | $1,119,920 |
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 | $651 | $651 | $651 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,359 | $6,987 | $9,375 |
Total Monthly Payment | $7,135 | $7,763 | $10,151 |
* 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.