This beautiful exclusive home features a first floor primary bedroom, in ground pool, mahogany decks and doors, 2 car attached garage, 2 fireplaces, sunroom, wrap around driveway, and is located in one of the state's most desirable neighborhoods: Governor Francis Farms. Upon approaching the stately entrance, you are greeted with a solid granite stone wall, immaculate landscaping, and a double entrance driveway. In your fenced in back yard you can either lounge poolside, enjoy the new patio, or enjoy a meal on your wrap around deck. The vast main floor has an open dining and living room with pellet stove, a sun room, a large office, a den with food burning fireplace and wet bar, and a sprawling eat in kitchen with plenty of natural light, new appliances, pull out pantry cabinets. Also on the first floor, the primary bedroom features a spacious ensuite bathroom, sitting area, walk in closet, and a deck with hot tub. The 2 car attached garage which has a solid mahogany double door and also ample attic space above. Upstairs there are 2 additional spacious bedrooms and a full bath. But the basement is the best part! The beautiful staircase leads to the Entertainment Room with a pool table, foosball table, wet bar, fridge, and a lounge area featuring a huge tv, surround sound system, and dartboard. All of this is within walking distance of the beach and Narragansett Bay! Private showings by appointment. Thank you.
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Our Executive Mortgage Banker:
Our Insurance Division:
$865,000
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 | $692,000 | $692,000 | $692,000 |
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 | $858 | $858 | $858 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,038 | $4,374 | $5,839 |
Total Monthly Payment | $4,988 | $5,324 | $6,789 |
* 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.