270 Riverside Drive, Tiverton, RI, 02878 | $820,000

Location! Location! Welcome to your seaside retreat in the heart of Tiverton 180 Ft. from the shoreline with views of the Tiverton Basin/Mount Hope Bay! This charming two-family home offers the perfect blend of comfort, convenience, and breathtaking views of the ocean from every angle.

The first-floor unit features two spacious bedrooms/fireplace. A cozy fireplace warms the large living room for gatherings with your own private sunroom to soak in the fresh ocean air. Updates: New kitchen, granite, stainless appliances, new paint, fixtures, refinished hardwood floors and a newer high efficiency gas boiler.

The second-floor unit boasts a bright and airy atmosphere with an eat-in kitchen, perfect for preparing meals while taking in the serene surroundings with your own private deck. Updates: Granite counter tops, stainless appliances, fixtures and paint.

Located within walking distance to the Tiverton Yacht Club, marina, and sandy beaches, minuets from the bike path, this home offers unparalleled access to waterfront activities and leisure. Whether you're a boating enthusiast, beach lover, or simply someone who appreciates a tranquil coastal lifestyle, this property promises to fulfill your every desire.

Lastly the property is newly connected to: City water, sewer, gas and a new water line and property comes with an extra lot directly across the street from the house for additional parking aside from the carport attached to the house.

Features

  • Amenities: Highway Access,Marina,Near Schools,Restaurant,Shopping
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Units: 2
  • Laundry: Common Area
  • Year Built: 1920
  • Garage: Carport
  • Heating: Gas
  • Cooling: None
  • Basement: Full,Interior Entry,Unfinished
  • Acreage: 0.08
  • Est. Taxes: $8,292
  • Lot Desc: Multiple lots
  • View: Saltwater,Water
  • Appliances: Gas Water Heater,Microwave,Oven,Range,Refrigerator
  • MLS#: 1373596
  • Website: https://www.raveis.com
    /prop/1373596/270riversidedrive_tiverton_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Re/Max Results   Phone: 401-848-7827

William Raveis Family of Services

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888.699.8876

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Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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270 Riverside Drive, Tiverton, RI, 02878

$820,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

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 $656,000 $656,000 $656,000
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 6.821% 6.474% 6.036%
Monthly Tax Payment $691 $691 $691
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,725 $4,093 $5,492
Total Monthly Payment $4,508 $4,876 $6,275

* 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.