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Catch the rhythm of the coast at 975 Matunuck Beach Rd, where laid-back beach living meets classic South County soul. Just a short stroll out your back door to the beach, this property puts you in tune with tides, salty air, and the unmistakable energy of Matunuck. The setting captures that true surf-town vibe, unpretentious, relaxed and deeply connected to the sea while still offering the comfort and convenience you want on land. This property also offers everything from live theatre, shopping multiple dining options and of course ice cream. If live music in your thing, take a three-minute stroll to the Ocean Mist. This house includes 4 bedrooms (rare to find in most beach front homes), 2 full baths, 2 separate living-family room areas and an expansive deck overlooking Matunuck Beach. Perfect as a year-round residence, weekend escape with lots of friends or an investment in one of RI's most iconic beach communities. 975 Matunuck Beach Rd is more than a home, it's a lifestyle shaped by waves, wind and endless summer energy. From that first cup of coffee on the deck to evenings unwinding to the sound of the ocean breeze moving through the neighborhood, you will never want to leave.
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$1,850,000
William Raveis Real Estate
Phone: 888.699.8876
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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 | $1,480,000 | $1,480,000 | $1,480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.973% | 5.858% | 5.681% |
| Monthly Tax Payment | $1,220 | $1,220 | $1,220 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,945 | $8,637 | $12,093 |
| Total Monthly Payment | $9,290 | $9,982 | $13,438 |
* 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.