This exceptional property has an unofficial 2nd bedroom on the first floor, with the possibility to expand. Currently furnished to sleep 6, this is a
rare opportunity to own in The Pointe at East Matunuck. Located in a private waterfront gated community, this standalone, turnkey furnished condo sits on five acres and is surrounded by pristine conservation land. Spectacular water views can be seen in every direction.
Sunlight streams through this elegant and gracious New England seaside beach home. This residence boasts an open floor plan, state-of-the-art kitchen with center island, cathedral ceilings, and high-end finishes throughout. Glass doors lead to your spacious, wrap around Trex deck for easy outdoor entertaining and breathtaking sunsets. Primary bedroom, kitchen and full bath are located on the second floor. Above ground lower level offers a half bath, additional living & ample sleeping space. Step outside to your covered stone patio and private full sized outdoor shower. This home offers an attached oversized single car garage, 3 additional reserved parking spaces, as well as additional guest parking.
This exclusive community is conveniently located between the Matunuck Oyster Bar and East Matunuck State Beach.
With classic New England charm, this is the ideal home away from home or summer rental. Only 90 minutes from Boston and 3 hours from NYC. A must see!
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$1,295,000
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 | $1,036,000 | $1,036,000 | $1,036,000 |
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 | $789 | $789 | $789 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,211 | $6,719 | $9,025 |
Total Monthly Payment | $7,124 | $7,632 | $9,938 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.