This stunning new-construction home mixes contemporary flair, first-class finishes, and professional design for today's lifestyle. Set on beautiful Stone Bridge Drive, a new conservation development of half-acre+ properties plus magnificent open space, this house has beautiful views. The main level features a luxurious primary suite complete with built-in's, a sliding door to the back patio, and elegant ensuite bath with heated floors. The open living room, dining room, and spectacular kitchen are filled with light, plus a full pantry is perfect for prep and food storage. Upstairs, three additional spacious bedrooms surround an open gathering space perfect for a family entertainment room. A dedicated office/den is ideal for quiet remote work or relaxation. All rooms have insulated interior walls. A big bonus is an unfinished room over the garage for future expansion, creating endless possibilities. The 2. 5-car garage also houses a golf cart or utility vehicle (with its own door), perfect for the course or elegant club across the street. Outdoors, the original stone veranda from the van Bueren summer estate, which once stood here, has been restored for outdoor entertaining under mature trees including a rare redwood. Stone Bridge Farm surrounds this property with 5 acres of open space, an idyllic pond and stream, stone bridges, direct adjacency to the Newport National golf course, and to the Aquidneck Greenway for miles of walking paths right outside your front door.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,600,000
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 | $2,080,000 | $2,080,000 | $2,080,000 |
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 | $504 | $504 | $504 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,138 | $13,147 | $17,552 |
Total Monthly Payment | $12,767 | $13,776 | $18,181 |
* 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.