Calling all Pickleball Players!!! Located in desirable Black Point, off of beautiful Wapping Road, this home is renovated and offers all the features you need, with fun amenities for everyone to enjoy! This spacious home offers 3 levels of living space, with 3 bedrooms + 3 office/playroom/craft room and 3 full, updated bathrooms. The vaulted tongue & groove ceilings in the living room provide a chalet feel. The kitchen retains its original charm with painted solid wood cabinets + updated countertops and appliances. The family room in the lower level is perfect for a movie room, recreation room or play area. The wrap-around deck is the ideal overlook to the amazing backyard, complete with fire pit and a brand new Pickleball/Basketball Court! With all new systems, electrical, plumbing, and the addition of Ductless AC mini-split units, you'll have peace of mind, whether this is your primary residence or second home. Both wood burning fireplaces are newly lined & have capped chimneys. Cable lines have been added for high speed internet access! This is a lifestyle purchase a quick drive to Aquidneck Island's best beaches, a bike ride to apple picking or lunch at Sweet Berry Farm, picnic dinner next door at Greenvale Vineyards, golf at Newport National, and easy access to walking or running on the Sakonnet Greenway Trail!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,049,000
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 | $839,200 | $839,200 | $839,200 |
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% | 7.014% | 6.790% |
Monthly Tax Payment | $625 | $625 | $625 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,099 | $5,513 | $7,368 |
Total Monthly Payment | $5,849 | $6,263 | $8,118 |
* 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.