Waterfront Buyers this is the Home for you. Come to see the elegant custom remodeled 2007 beachfront Colonial-Victorian home sitting on a private Cedar Tree point lot. This home has an Infinity saltwater pool and hot tub surrounded by a blue stone patio that overlooks Greenwich Bay and Narragansett Bay. This waterfront property is an ideal primary, secondary, or vacation home. This is the perfect home for entertaining with 4200 sq. ft. of living space that allows for large gatherings and celebrations. Enjoy multiple mahogany decks with both Sunrise and Sunset vistas with 180-degree of breath-taking views. Features a private beach, mooring potential has newly refinished Brazilian cherry hardwood floors, central air, lawn sprinklers, new heat HVAC and pool mechanicals 2023. This home is virtually staged to show endless possibility to make it your dream home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,149,900
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 | $1,719,920 | $1,719,920 | $1,719,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $1,853 | $1,853 | $1,853 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,631 | $10,450 | $14,168 |
Total Monthly Payment | $11,609 | $12,428 | $16,146 |
* 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.