Tucked into this private three-acre lot is a charming, shingle-style 2, 660 sq. foot Cape. Enjoy unobstructed views of Point Judith Pond and relax while listening to cool summer breezes whispering through the coastal reeds. Sunnybrook Farms is a private residential compound in the seaside town of Narragansett, RI offering swimming, boating, fishing and the best of seaside dining. The compound offers 7 acres of waterfront association land with a shared deep-water dock and mooring field. Each of the properties is arranged to give a sense of privacy and natural scenic beauty. This house features 3 bedrooms and 2. 5 bathrooms. The main en suite bedroom has sweeping water and sunset views. Living room runs the southern side of the house which brings warm sunlight into the entire room along with pond views There is an inviting central fireplace. Adjoining the living room is an eat-in kitchen with a brick-hearth cooking area, new Corian counters and double-oven, also new. This leads to a paneled family room with a gas-fired Lopi stove. Also on the first level is an office with water views. The basement is partially finished adding an additional 860 feet of living area. All the heating systems are recently replaced with a high-efficacy equipment. The back yard is fenced-in with over 1, 600 feet of patio area. The building site is outside the flood zone and adjoins the common land, giving direct access to the water and dock. Please do not enter property without appointment.
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$2,249,000
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 | $1,799,200 | $1,799,200 | $1,799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.502% | 6.220% | 5.781% |
Monthly Tax Payment | $639 | $639 | $639 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,935 | $10,932 | $14,821 |
Total Monthly Payment | $10,699 | $11,696 | $15,585 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.