If you've ever wondered what it feels like to be on permanent vacation, then come discover the joy of coastal living at 11 Willow Way! This 5 bed property is a gem situated in the historic and charming Alfred Drowne neighborhood in Barrington, Rhode Island. The home was designed w/ a bright and airy open floor plan to maximize the breathtaking vistas and panoramic views from every room! Step in from the glorious main deck to the great room, where plenty of seating space creates an ideal environment for both entertaining and relaxing. The chef's kitchen is complete w/ granite counters and crisp, white appliances. It opens seamlessly into the dining area framed by a wall of windows capturing the area's natural beauty. Another sitting area adjacent brings in plenty of natural light as well. The first floor also includes a bedroom/home office, laundry room and half bath. Upstairs, four well-proportioned bedrooms each serve as a serene retreat, with the Primary Suite standing out as a true sanctuary! It boasts a private deck, en-suite bath w/ 2 vanities, marble, tiled shower, jacuzzi and awe-inspiring views! The property also boasts a fabulous home gym on the first level. Outside, the backyard is a private oasis w/ lovely perennials and trees. There's beach access at both ends of the street and the scenic walking trails of Allin's Cove. Barrington is home to award-winning schools, great restaurants, shops, a wonderful community spirit, and an easy commute to Providence and Boston.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.664% |
Monthly Tax Payment | $1,734 | $1,734 | $1,734 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,267 | $7,857 | $10,418 |
Total Monthly Payment | $9,126 | $9,716 | $12,277 |
* 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.