NEW CONSTRUCTION - This stately Colonial sited on over 5 acres offers wonderful privacy, serenity, and pastoral / woodland views. The floor plan offers a spacious entry foyer, which opens to a light-filled living room with lovely hardwood floors, 2-sided gas fireplace, and 2 French doors leading to the rear patio. The dining area has upper and lower cabinetry ideal of formal dining ware and glassware. The expansive kitchen with large center island has abundant storage, highend Wolf, and Subzero appliances, induction cooktop, and large walk-in pantry. The mudroom adjacent to the garage, and side driveway entrance has a lovely powder room, and 1 of the sets of laundry appliances. This mudroom also provides access to the rear patio which includes and outdoor shower. The primary bedroom suite is located on the main level, offering wonderful views of the yard and woodlands. The second floor provides the guest with the option of 3 ensuite bedrooms, 2 of which has access to the balcony which overlooks the grounds. This energy efficient home, offers state of the art heating and cooling systems, with extensive insulating factors. Additionally this is a Alexa Smart home providing the owner with lighting, heating, appliance controls, all by voice command or phone app.
Located just a block from Narrow River, with easy access to the highway for commuting to Providence or Boston, as well as 15 minutes from the Kingston Amtrak station. Enjoy all that South County has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,895,000
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 | $2,316,000 | $2,316,000 | $2,316,000 |
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 | $262 | $262 | $262 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,150 | $14,449 | $19,388 |
Total Monthly Payment | $13,537 | $14,836 | $19,775 |
* 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.