Welcome to 4 Heather Hollow Drive, a stunning new construction, custom-built Colonial home located in the picturesque town of South Kingstown. Minutes from some of Rhode Island's best beaches, this beautifully crafted residence offers modern elegance and spacious living, with 3, 935 sq ft of thoughtfully designed space on a generous lot surrounded by mature trees. Step inside to discover an inviting floor plan featuring wide hallways, oak hardwood floors and abundant natural light. The enormous eat-in kitchen is ready for your state-of-the-art appliances and designed for entertaining with it's two large islands. The kitchen also offers a sizable dining area, tons of cabinets and a large walk-in pantry. Adjacent to the kitchen, is a living room and den to quietly relax after dinner while hosting memorable gatherings. Up the stairs are your 3 bedrooms with 3 en suite luxurious bathrooms, providing plenty of privacy for guests. The large partially finished basement offers versatile spaces, including a safe room to secure your prized possessions. The lower level is ready to be transformed into a media or rec room - a perfect setting for movie & poker nights. The spacious three car attached garage with massive bonus room above would make a perfect playroom, art studio or even an owners suite. With South County Commons and our beloved Matunuck Oyster Bar nearby, this home combines tranquility with the convenience of nearby attractions to fully enjoy the South County lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 | $760,000 | $760,000 | $760,000 |
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 | $771 | $771 | $771 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,435 | $4,804 | $6,413 |
Total Monthly Payment | $5,298 | $5,667 | $7,276 |
* 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.