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Presented by
Debi Foss-Heaviside |
18 Old Barn Road | Little Compton, RI One of the last lots in the coveted Indian Rock Acres neighborhood, this . 35-acre parcel offers elevated ocean views and breathtaking eastern sunrises over the Elizabeth Islands and Cuttyhunk. Deeded water access and an approved 4-bedroom septic design make building your dream coastal retreat seamless. Just 4/10 of a mile to Goosewing / South Shore and Goosewing Beaches, the property is also a short walk to Wishing Stone Farm, Briggs Beach, the Town Landing, and the Commons. Here, you'll find the quiet bucolic charm that defines Little Compton rolling farmlands, pristine beaches, a small-town commons with locally owned shops and restaurants, along with social clubs, a harbor, and a welcoming marina. Whether envisioned as a seasonal getaway or year-round residence, this rare opportunity offers the perfect setting to enjoy one of Rhode Island's most desirable seaside communities. Buyer to pay the Little Compton Agricultural Tax at the time of recording.
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Our Executive Mortgage Banker:
Our Insurance Division:
$895,000
Broker Associate
William Raveis Real Estate
Phone: 239.272.4494
Debi.Foss@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $716,000 | $716,000 | $716,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 5.984% | 5.806% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,899 | $4,235 | $5,898 |
| Total Monthly Payment | $3,991 | $4,327 | $5,990 |
* 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.