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Rare opportunity on Cards Pond Road in Matunuck. This custom-built 5 bedroom, 3. 5 bath home is situated on a private 5. 14-acre lot. The property boasts unobstructed views of the pond, undeveloped land, and the ocean. The natural light and large windows throughout the home show off the breathtaking surroundings. On the first floor you'll find a recently renovated kitchen and an open concept living and dining room. There are also 2 bedrooms, a full bath, a powder room, a pantry closet, and a laundry room with ample storage. Upstairs you'll find the primary suite with a private deck overlooking the pond and ocean. There are 2 other bedrooms, one with an ensuite and the other with office/flex space. The property has been meticulously maintained, and in 2019, the home underwent significant improvements including a new roof, siding, kitchen, living room windows, and HVAC system. The property provides endless possibilities for outdoor activities and entertainment. Located steps from picturesque Moonstone beach and a short drive from South Kingstown's amenities and beaches. Flood insurance is not required. Come see what makes 550 Cards Pond Road a place to call home and create unforgettable memories. Please secure an appointment before driving onto the property.
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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 | $2,360,000 | $2,360,000 | $2,360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,968 | $1,968 | $1,968 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,850 | $14,149 | $19,598 |
| Total Monthly Payment | $14,943 | $16,242 | $21,691 |
* 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.