Your coastal retreat is ready for its new family. This custom build is not in a flood zone and does not require flood insurance. Nestled at the end of the picturesque Coast Guard Avenue offering panoramic views of Block Island Sound, the Point of Galilee and the Charlestown Breachway. Prime location in the exclusive area of Green Hill Beach, this gem was built with the highest quality of materials, luxury tailored meticulous craftmanship throughout, and an abundance of impressive amenities to list. The main level features a gourmet kitchen leading to great room with a ceiling to floor stone fireplace and large dining room for all of your entertaining needs. The first floor master suite also offers its own on-suite bathroom. Completing the main level is an in home office and oversized two car garage. The three story staircase leading to the second floor offers three additional bedrooms, two full bathrooms, a large family room and a gathering area and deck offering beautiful crystal water views. Our upper level features additional bedrooms for all of your guests and family as well as a sitting and viewing area to enjoy your morning coffee or stargaze before the beautiful sunset. This property has been sited to maximize solar gain with geo-thermal heating, air conditioning and high speed fiber optic technology. Just steps within walking distance to your private beach and close to area shopping, boating, and hiking make this home a one of a kind home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,499,980
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 | $5,199,984 | $5,199,984 | $5,199,984 |
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 | $2,335 | $2,335 | $2,335 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $30,346 | $32,867 | $43,880 |
Total Monthly Payment | $32,806 | $35,327 | $46,340 |
* 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.