Welcome to your peaceful coastal retreat at 30 Pocono Rd nestled in the picturesque landscape of Narragansett, RI. This wonderful oceanfront property offers an unparalleled opportunity for scenic seaside living, boasting breathtaking views of the sunrise, a rainbow, Newport Bridge & Point Judith. As you approach this waterfront gem, you'll be greeted by the soothing sound of the ocean waves & the salty breeze that whispers tranquility. This idyllic location presents an ideal setting for those seeking a memorable summer getaway or year-round residence featuring spacious living areas with ample windows strategically placed to maximize the panoramic vistas that offer a front-row seat to the ever-changing canvas of the Atlantic Ocean. Imagine waking up to the gentle glow of the sunrise casting its golden hues across the horizon or unwinding in the evening as the Newport Bridge twinkles in the distance. Whether you are entertaining guests or relaxing on the private terrace overlooking the ocean, every moment in this home is infused with unparalleled beauty & serenity. In addition to its scenic splendor, 30 Pocono Rd offers easy access to a wealth of outdoor recreational activities including beachcombing, boating, fishing & golf. Explore the town of Narragansett with its quaint shops, renowned restaurants & vibrant cultural scene. Don't miss your chance to experience coastal living at its finest & indulge in the serenity of oceanfront living where every day feels like a vacation!
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:
$2,200,000
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 | $1,760,000 | $1,760,000 | $1,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $788 | $788 | $788 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,552 | $11,415 | $15,331 |
Total Monthly Payment | $11,465 | $12,328 | $16,244 |
* 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.