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Set on nearly 2 acres near the Pawcatuck River, this 1970s gem offers over 5, 000 sq ft of usable space and a layout that was ahead of its time. The design reflects the era: clean lines, practical flow, and rooms made for daily living. It's a strong canvas for those who appreciate the character of a classic build and want the freedom to update on their own terms. The property has a natural ease for gatherings and entertaining. The main living areas have open, grounded proportions that make hosting family parties, weekend dinners, and larger celebrations easy and joyful. The home includes six bedrooms, several with river views. A defining feature-and one that's hard to come by-is the first-floor in-law wing, complete with its own updated kitchen, living room with fireplace, full bath, private bedroom, and separate entrance. It's ideal for aging parents, family, friends, or anyone who wants independence while staying connected to the household. Outside, the property boasts a large yard with mature trees, stone walls and pond, offering a peaceful backdrop and a sense of privacy. This is a home built on practicality, flexibility, and the comfort of people coming together. It suits multi-generational living just as well as it suits a home full of weekend energy, and the layout adapts naturally to whatever vision the next owner brings. With quick access to Misquamicut, Watch Hill, Weekapaug, and some of the best beaches in Rhode Island, this opportunity is not to be missed!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,599,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $1,279,200 | $1,279,200 | $1,279,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $1,197 | $1,197 | $1,197 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,770 | $7,465 | $10,452 |
| Total Monthly Payment | $8,092 | $8,787 | $11,774 |
* 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.