This Luxe Modern-Industrial Home built with a warm Modern Minimal Style, located in the desirable Beavertail area of Jamestown, has flowing open spaces paired with timeless design elements such as a wealth of Floor to Ceiling Windows that bring in natural light, dramatic loft-style exposed infrastructure, numerous textures, style, functionality, and clean sleek lines. Architectural details of this 3-Level, 4 Bed, 3. 5 Bath home with 2 Primary En Suite Bedrooms have been carefully designed with custom craftmanship. Commercial Grade Steel Frame Construction, Chef's Kitchen w/Custom Bamboo Cabinetry, top end Thermador Appliances, sleek Waterfall effect Quartz Counters. Custom designed, "Floating" Stainless Steel Staircase. Concrete & Glass Tile Fireplace,
Luxury Bathroom Fixtures & Finishes, Marvin high end Windows, Custom Closets, Laundry Room, Extra Room w/Closet for Guest Space/Office, Custom Mudroom, Combination Radiant & Hydro-Air Heating System, Finished 2 car Garage. Enjoy the Island Lifestyle w/Deeded Access to the Shore and Water Views from all angles of the Stunning Vista of Narragansett Bay w/View from Atlantic Ocean to Castle Hill Lighthouse, Newport Harbor, Pell Newport Bridge and Hull Cove below. Close to Hull Cove, Beavertail Park, & Mackerel Cove. Maybe hop on a moped for a picturesque ride to the vibrant yet quaint town center and enjoy quality restaurants, shops, entertainment, Marina, & Ferry to Newport! Near Highways & Trains to New York, Boston, & Providence.
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:
$2,845,000
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 | $2,276,000 | $2,276,000 | $2,276,000 |
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 | $726 | $726 | $726 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,014 | $14,952 | $20,141 |
Total Monthly Payment | $14,865 | $15,803 | $20,992 |
* 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.