The best Warwick Neck has to offer. A near new builders own home constructed of only the absolute finest materials and created by the best craftsmen in the industry. While mostly on one level, this 3-5 bedroom home boasts just over 4000 sq. ft. on a stunning, corner 1. 45 acre homesite just steps from the Warwick Country Club and Narragansett Bay. Almost all of this home is on one level with a bonus room over the garage currently used as a workout room. Features Include a high efficiency geothermal and solar heating and air conditioning system, a whole house Generac generator system that will power everything in the event of an outage, and a Navien on demand hot water system. The list of upgrades includes cherry wood floors, extensive custom millwork and custom cabinetry, 14' ceilings, Hans Grohe bath fixtures, Thermador appliances, quartz counter tops, oversized windows, pantry room, stone fireplace, electric car charger, farmers porch, and rear entertainers patio. This unique and open floorplan is very flexible with an office, a media room, and 4 full bathrooms. The bonus room offers many possibilities as well. Add a golf cart and you will never leave!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.103% | 6.915% |
Monthly Tax Payment | $1,688 | $1,688 | $1,688 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,620 | $9,314 | $12,389 |
Total Monthly Payment | $10,433 | $11,127 | $14,202 |
* 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.