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219 Nanaquaket Road, Tiverton, RI, 02878 | $1,875,000
**Sellers are now offering $40k at closing for buyers to use toward the installation of a new septic system ** A remarkable opportunity presents itself to own one of the last farmhouses in coveted Nanaquaket Rd neighborhood of Tiverton. Surrounded by Nanaquaket Pond to the East and the Sakonnet River to the West, this multi-faceted, very private, quiet property is the opportunity of a lifetime. It is set upon 3. 8 acres of land with a beautiful Gone-with-the-wind tree-lined driveway, original stone wall perimeters, and a spectacular view of the Sakonnet River. The property includes the main house, circa 1890, a private cottage, an in-ground pool, a detached garage and more. The main house has 6 bedrooms, 3 full bathrooms, 2 fireplaces, and 2 kitchens. Original hardwood floors, stone-tiled floors, as well as beautiful, oversized windows throughout. The large wrap-around porch has been enjoyed as a wonderful entertaining area. The cottage is an independent living area of its own with a third kitchen area, full bathroom, and a flexible floorplan. There are beautiful wooden vaulted ceilings, a sleeping loft area, and floor-to-ceiling windows. The cottage is currently used as an art studio, but it has been a dance studio, independent rental and more. Personal use of horses is allowed in this area. Goats have also lived here. 30 minutes from Newport and 10 minutes from Little Compton. Sold in AS-IS condition. Also listed as a single-family home MLS #1382090 for reference.
Features
- Amenities: Highway Access,Marina,Near Schools,Restaurant
- Rooms: 26
- Bedrooms: 7
- Baths: 4 full
- Units: 3
- Laundry: Common Area
- Style: Side By Side
- Year Built: 1890
- Garage: 2-car Detached,Garage
- Heating: Hot Water,Individual,Propane,Oil,Radiant,Steam,Zoned
- Cooling: 1 Unit
- Basement: Exterior Entry,Full,Interior Entry,Unfinished
- Acreage: 3.8
- Est. Taxes: $12,419
- Lot Desc: Wooded
- View: Water
- Appliances: Dryer,Dishwasher,Oven,Oil Water Heater,Range,Refrigerator,Water Heater,Washer
- MLS#: 1378846
- Website: https://www.raveis.com
/prop/1378846/219nanaquaketroad_tiverton_ri?source=qrflyer
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
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219 Nanaquaket Road, Tiverton, RI, 02878
$1,875,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,500,000 | $1,500,000 | $1,500,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.031% | 5.885% |
| Monthly Tax Payment | $1,035 | $1,035 | $1,035 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,283 | $8,873 | $12,356 |
| Total Monthly Payment | $9,443 | $10,033 | $13,516 |
* 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.
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RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB