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Beachy log cabin charm meets coastal convenience! This beautifully updated 2-bedroom, 1-bath log home is a rare gem offering warmth, character, and an ideal location just minutes from the beaches and oceanfront of Narragansett. Step inside to an open-concept living area with cathedral ceilings, crisp white finishes, and a cozy wood-burning stove that anchors the space. The bright kitchen features beadboard cabinetry, granite counters, a stylish tile backsplash, and newer appliances all opening seamlessly to the living and dining areas for relaxed entertaining. Both bedrooms are comfortable and light-filled, complemented by a modern tiled bathroom with walk-in shower. The home's thoughtful updates and easy, single-level layout make it perfect for year-round living or a weekend escape. Outside, enjoy a fenced-in yard with a paver patio, screened porch, and outdoor shower ideal for rinsing off after a day at the beach. A storage shed, mature landscaping, and wide driveway complete this private retreat on just over . 11 acres. This home is offered turnkey and fully furnished, presenting a rare opportunity for a seamless move-in or investment setup. Located near Bonnet Shores, Narragansett Town Beach, and some of Rhode Island's most beloved coastal restaurants and shops. This home offers the perfect blend of charm, comfort, and location. Whether you're looking for a primary home, vacation getaway, or investment property, this one checks all the boxes.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $472,000 | $472,000 | $472,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.583% | 6.533% | 5.764% |
| Monthly Tax Payment | $193 | $193 | $193 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,792 | $2,945 | $3,854 |
| Total Monthly Payment | $3,077 | $3,230 | $4,139 |
* 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.