1023 Old Stafford Road, Tiverton, RI, 02878 | $250,000

Discover an exceptional opportunity on Stafford Pond with this . 94 acre waterfront property offering expansive views and direct access to one of Tiverton's most treasured natural settings. A wide, paved drive leads to an approximately 1, 800 sq. ft. multi-bay garage, complete with separate stalls, workshop areas, and a sizeable finished office suite ideal for studio use, hands-on instruction, storage, or a variety of creative or entrepreneurial pursuits. Whether you envision renovating the existing structure within local DEM and zoning guidelines or exploring the possibility of building a private residence, this property provides outstanding flexibility for future plans. Stafford Pond, spanning roughly 480 acres, is well-loved for its peaceful waters, scenic paddling, and excellent recreational fishing. With woodland abutting the western edge and established homes to the east, the setting offers both privacy and convenience. A public boat launch is located just steps away, and the pond is routinely stocked by the Department of Environmental Management with species such as Atlantic salmon, rainbow trout, and lake trout supporting year-round fishing, including winter ice fishing. A 10-hp outboard motor limit helps preserve the quiet, natural character of the water. You don't want to miss this one!

Features

  • Amenities: Highway Access,Marina,Near Schools,Pool,Recreation Area,Restaurant,Shopping
  • Zoning: R60
  • Frontage: 169
  • Lot Desc: Waterfront,Level
  • View: Water
  • MLS#: 1401684
  • Website: https://www.raveis.com
    /prop/1401684/1023oldstaffordroad_tiverton_ri?source=qrflyer
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Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Redfin Corporation   Phone: 877-973-3346

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888.699.8876

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

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1023 Old Stafford Road, Tiverton, RI, 02878

$250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $200,000 $200,000 $200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 5.990% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.258% 6.168% 5.561%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,151 $1,198 $1,608
Total Monthly Payment $1,226 $1,273 $1,683

* 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.