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Welcome to Fox Run, a rare opportunity to own one of the last building lots in coveted Avondale in Westerly, Rhode Island. This exceptional property spans 2. 28 acres with a total lot size of 99, 317 square feet ( 2 lots ), providing ample space for your dream home over looking a private pond. With ISDS & CRMC approvals for a six bedroom house & pool, the possibilities are endless for creating your own tranquil yet luxurious retreat. Close to picturesque beaches, golf, marinas, and shopping in both Watch Hill and Westerly you will enjoy the ultimate in year- round or seasonal living. PROPERTY IS TO BE SOLD WITH PLAT 150, LOT 1. 139 WATCH HILL ROAD INCLUDED IN THE SALE.
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Our Insurance Division:
$1,450,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,160,000 | $1,160,000 | $1,160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.133% | 6.038% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,316 | $6,955 | $9,711 |
| Total Monthly Payment | $6,441 | $7,080 | $9,836 |
* 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.