Quintessential Farm Coast Property! Situated on 1. 5 serene acres and surrounded by two working farms, this home is the perfect blend of farmhouse chic with modern amenities. Fully renovated and added onto in 2008, the first floor of this light-filled home features original wide-plank pine floors, a spacious cooks kitchen with cathedral ceiling and double-sided fireplace, a cozy living room with wood stove and wet bar, a tiled sunroom, an office space that could also be used as a playroom or extra guest space, a half bath and a laundry/utility room. The second level offers a spacious primary suite with full bath, two closets, private balcony space, as well as two additional bedrooms and full bath. Handsome custom renovations, insulated windows, Bertazzoni gas stove, two porches, two-car garage, and beautiful private grounds. A separate two-level 1, 200 sqft insulated studio space is ideal for an artist, photographer, Yoga or Pilates instructor, a kid's play space, or a home business. Just five minutes from both the beach and the center of town, 440 Long Highway is an ideal coastal retreat or the perfect year round home. Buyer pays Little Compton Agricultural Conservancy Tax at closing.
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$849,000
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 | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.738% | 6.559% |
Monthly Tax Payment | $258 | $258 | $258 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,018 | $4,349 | $5,870 |
Total Monthly Payment | $4,368 | $4,699 | $6,220 |
* 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.