The Orchard - One of the Famed Golden Age Summer Cottages is nestled steps from the historic Ocean Cliff Walk. The estate was thoughtfully and extensively restored in 2019. The Mansion and Carriage House are offered for sale exquisitely furnished with curated antiques, artwork and classic furnishings. An exception list of items is available for buyer review. The interiors have been preserved to maintain the original character including moldings, marble floors, handcrafted mahogany doors and Baccarat crystal chandeliers. The mansion has 9 ensuite bedrooms plus 2 additional bedrooms with bathrooms. Magnificent Gilded iron fencing and entrance gates open onto lovely gardens including the largest private heated saltwater swimming pool in Rhode Island, a lap pool, Jacuzzi hot tub, indoor swimming pool and a lower-level spa and cinema. The secluded gardens, 4. 75 acres, contain an Italian Temple Folly , many rare specimen trees, garden statuary and a historic Florentine bronze and marble fountain and a meditation stone Labyrinth. There are 2 self-contained Apartments in the Carriage house, a superb expansive first floor Den/Office and Conservatory. There are heated garages and a property manager's office. Please see website for more information, additional images, floor plans, site plan.
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:
$15,000,000
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 | $12,000,000 | $12,000,000 | $12,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.790% |
Monthly Tax Payment | $4,248 | $4,248 | $4,248 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $72,913 | $78,831 | $105,359 |
Total Monthly Payment | $77,286 | $83,204 | $109,732 |
* 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.