Welcome to this BRAND NEW 3 Bedroom, 3 Full Bathroom POTOWOMUT/BAY RIDGE WALK TO WATER HOME! Featuring an open floor plan, Vaulted Ceilings, Gleaming Hardwood Floors, Recessed Lighting, the Kitchen features Stainless Steel Appliances, Quartz Countertops throughout & the Center Island provides additional entertaining space. The Spacious Living Room & Dining Area has Sliding Glass Doors that leads to a private 11x40 Mahogany Deck. Meander down the hallway you will find a Full Bathroom with Tub & Shower, 2 Bedrooms and a Master Bedroom featuring a walk-in closet, Custom walk-in Tiled Master Bathroom and Tiled Floors. The Master Bedroom also has sliding glass doors that lead to the Private 11x40 Mahogany Deck. Entering the Lower Level, you will find a spacious Family Room with Sliders to the Private Back Yard, an additional Bathroom with Shower, and a 2 Car Garage. If you choose to leave serenity, walk around the corner to Greenwich Bay to Enjoy Swimming, Kayaking, Fishing, or just kick back, relax and enjoy the beach with beautiful views of Sunsets and Sunrises. When looking to venture out, this home is a short ride away from Sandy Point Beach, minutes for Goddard State Park Golf Course, or join the Private Potowomut Golf Course, shop at the weekly Farmer's Market, or schedule a horseback ride at Faith Hill Farm. There is an array of restaurants from Al Fresco to Waterfront Dining, Live Theater, Boutique Shopping, and exciting nightlife at Historic Main Street in East Greenwich!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$899,900
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 | $719,920 | $719,920 | $719,920 |
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 | 6.697% | 6.597% | 6.158% |
Monthly Tax Payment | $197 | $197 | $197 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,201 | $4,550 | $6,075 |
Total Monthly Payment | $4,490 | $4,839 | $6,364 |
* 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.