A desirable, in-town location and masterful, top-to-bottom renovation, make this spacious and sun-swept home on a half-acre lot the perfect Island retreat! This architect re-designed home spans 3, 800 sq. ft. across two levels, and includes 5 sizable, en-suite bedrooms, central a/c, and a flexible floorplan that's perfect for entertaining and family fun. A chef's kitchen, with high-end SS appliances, a massive granite-topped island and a walk-in pantry, opens to the fireplaced family room. The open flow continues into the dining room and living room, with its soaring cathedral ceiling, fireplace and French doors leading to a south-facing deck. The primary bedroom is a peaceful retreat, with lofty cathedral ceilings, ensuite bathroom w/ glass-enclosed shower, and 3 closets. A 2nd primary bedroom enjoys ample windows, a spacious en-suite bathroom w/ marble-tiled walk-in shower, and double closets. Two more ensuite bedrooms, a laundry room, and 1/2 bath complete this level. The sunny, walk-out lower level is perfectly designed with families, friends and guests in mind, and incl. a large family/rec room, a 5th bedroom/bunk room w/ full bath, a playroom or office, and 2 other rooms for storage or conversion to a home gym. Entertain and listen to the crashing waves from nearby Mackerel Cove on the 2-tiered deck in the private backyard, & store your bikes & surfboards in the detached, 2-car garage. Stroll to the shops/restaurants/golf/marinas of the Village or to the nearby beach!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,175,000
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 | $1,740,000 | $1,740,000 | $1,740,000 |
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% | 6.898% | 6.915% |
Monthly Tax Payment | $586 | $586 | $586 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,713 | $11,431 | $15,397 |
Total Monthly Payment | $11,424 | $12,142 | $16,108 |
* 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.