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A gorgeous country retreat tucked behind classic stone walls and white picket fences, this North Kingstown estate offers unmatched privacy and tranquility right in the heart of Rhode Island, with Wickford Village and the best of the state just minutes away. Enjoy all the amenities you'd expect in a luxury equine estate: an In-ground pool, Steam Sauna, Two Horse Stalls, a Greenhouse, Stone Terrace and Garage space for up to eight cars. The Carriage House also includes a second-floor apartment, offering 1, 440 sq ft with two bedrooms and one bathroom. MLS details only reflect the Main House. This unique offering spans 6 Parcels. The following two parcels are unrestricted: Lot 135/41 includes four structures - the Main House, a charming Carriage House, a four-car Garage, and Utility building - all on 7. 2 acres. Lot 133/5 is a 10-acre vacant lot. Four of the six parcels that are being conserved include: Lot 135/4 (7. 2 acres), Lot 135/3 (25. 2 acres), Lot 135/14 (4. 42 acres), and Lot 135/15 (3. 51 acres). The property is listed as 275 Stony Lane in MLS (271 Stony Lane in tax records). Assessed values: 135/41 at $1, 557, 000; 133/5 at $333, 200; all conserved lots together at $414, 600. Real estate taxes do not yet reflect any potential tax relief from the conserved land.
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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 | $1,916,000 | $1,916,000 | $1,916,000 |
| 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% | 5.952% |
| Monthly Tax Payment | $2,120 | $2,120 | $2,120 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,432 | $11,487 | $15,911 |
| Total Monthly Payment | $12,677 | $13,732 | $18,156 |
* 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.