"Anoatock" - A Classic Grand Summer cottage originally designed in 1889 by C. L. Bevins for John P. Green, the vice president of the Pennsylvania Railroad. The nearby Cottrell Pier, with beach association, was originally built for to accommodate Mr. Green's yacht. This home has been carefully renovated and expanded over the past 25 years, maintaining the traditional details and integrating modern day conveniences. The 1st floor of the offers a welcoming entry foyer, spacious living room, formal dining, office, powder room, and expansive kitchen with breakfast nook. A screened and covered porch area enjoys cool summer breezes. The 2nd level provides for a guest bedroom with fireplace, a hall bathroom, private primary bedroom suite with sitting area, walk in dressing room, and a back staircase to a newly added study/studio ideal for home office or artist. The 3rd floor has 2 additional guest bedrooms and an additional hall bath. The updated mechanical systems include oil-fired boiler, baseboard HW heating, sprinklers, and hydro-air with AC for studio above the 2-car garage. A detached 1-car garage has a bonus room with full bath, and wet bar ideal for guest quarters, art studio or media room. The blue stone patio off the kitchen area offers wonderful entertaining space with large masonry fireplace. This property is close to the Village where you can enjoy wonderful dining, shops, marina, and ferry service to Newport. Jamestown is the "Jewel of Narragansett Bay" an island oasis.
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:
$3,995,000
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 | $3,196,000 | $3,196,000 | $3,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.014% | 6.915% |
Monthly Tax Payment | $2,272 | $2,272 | $2,272 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,678 | $20,995 | $28,282 |
Total Monthly Payment | $22,075 | $23,392 | $30,679 |
* 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.