South Tiverton, RI | Modern Luxury | New Construction | Water Access - This home's beauty transcends description. The design and orientation highlight the stunning scenery, offering expansive water views of the Sakonnet, Seapowet, and farmland. Modern architecture enthusiasts will love the design, style, and functionality, which offer clean, simple lines, custom craftsmanship, and luxurious finishes. Every element, both natural and durable, enhances the home's appeal, providing the perfect combination of urban and seaside living. The open concept living, soaring ceilings, and floor-to-ceiling windows flood the space with natural light, seamlessly blending indoor and outdoor living. All three levels of the home offer access to beautiful outdoor spaces decks, patios & balconies and are accessible via elevator. The chef's kitchen & butler's pantry are outfitted with high-end appliances, stainless counters and built-ins. The 2nd level primary is a private oasis, accented with soaring ceilings, custom dressing room, fireplace, balconies, and 2 ensuite baths. The finished walkout level offers a versatile space for entertaining, gym, theater, guests, office; all with water views and patio/garden access. Room for pool. The Farmcoast Area comprises quaint coastal villages, with charming cafes, art galleries, eateries, boutique shops and is just minutes away from pristine beaches and marinas. Close to Rt 24 and 195. Move in ready - Turn-key option available -
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,995,000
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 | $3,996,000 | $3,996,000 | $3,996,000 |
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 | $1,990 | $1,990 | $1,990 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $24,604 | $26,585 | $35,361 |
Total Monthly Payment | $26,719 | $28,700 | $37,476 |
* 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.