This secluded waterfront property is located at the end of a beautiful private lane through the forest. The 1896 house features much of it's original charm and woodwork, as well as a spectacular floor to ceiling fieldstone fireplace. There are water views from nearly every window. The large porch runs the entire length of the house which faces the bay. Mature trees surround the grounds creating a very private setting. The property is nearly completely shielded from the outside world while enjoying views out across miles of the bay and river. The property consists of approximately one acre of open ground and lawns where the buildings are situated, and one acre of lovely forest with a variety of tree species and stone walls. There is a large, detached garage adjacent to the house with a wonderful studio/office space above, which has a large deck featuring amazing views out over the bay. A boat ramp through the seawall leads to a quaint and beautiful beach where one can launch boats or kayaks, and have campfires in a stunning setting. A variety of retail stores are located within a few minutes as well as many fine dining options. Providence, Newport, Boston and Cape Cod are all within close proximity. One would have to walk the property, and tour the house and buildings to get a true sense of how unique and wonderful this property is. Call today for a private tour!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,275,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,020,000 | $1,020,000 | $1,020,000 |
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 | $712 | $712 | $712 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,198 | $6,701 | $8,956 |
Total Monthly Payment | $7,035 | $7,538 | $9,793 |
* 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.