Bonnet Shores Opportunity Property! This water view updated home has a spectacular rental history both in season and off season. The current owners have had preliminary engineering done for expansion. Located on a corner lot at the crest of a hill overlooking both Bonnet Shores Beach and Wesquage Pond, the addition of a second level will maximize the views and add tremendous value. The interior is fresh and inviting as a beach home and offers many updates, a screen room, large yard, and is located just a short walk from the Beach. The Bonnet Lifestyle is amazing, and this is located in the heart of it all!
Subdivision:
Bonnet Shores
Permitted Use
Single Family
Utilities
Cable Available,Electricity Available,Natural Gas Available,Municipal Utilities,Water Connected
Lot Description:
Corner Lot,Level
View Description:
Saltwater,Water
Amenities:
Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
26 Richard Smith Road, Narragansett, RI, 02882
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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