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Set on nearly 16 acres in the heart of South County, 2321 Post Road is a historically significant property anchored by a circa-1860 Colonial farmhouse rich in South Kingstown heritage. This rare offering presents an exceptional opportunity to restore and preserve a piece of local history or reimagine the land as a private estate, farm, or equestrian property. The primary residence reflects classic mid-19th-century Colonial architecture and features a stone foundation with enduring period character. In addition to the farmhouse, the property includes a detached 6-car garage with potential to be converted to a barn, along with several additional outbuildings suitable for agricultural, storage, or workshop use. The expansive acreage is a desirable mix of cleared fields and wooded areas, offering flexibility for paddocks, gardens, trails, or thoughtful future development while maintaining privacy and rural charm. The size and configuration of the land make it well-suited for farming, homesteading, or investment potential. Despite its pastoral setting, the property is conveniently located in Wakefield, South Kingstown s commercial and cultural hub. Nearby are beaches, the University of Rhode Island, shopping, dining, and major roadways. Rooted in a town shaped by Narragansett heritage and early European settlement, 2321 Post Road offers a rare opportunity to own substantial acreage in one of Rhode Island's most sought-after communities.
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William Raveis Real Estate
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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 | $700,000 | $700,000 | $700,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 5.984% | 5.689% |
| Monthly Tax Payment | $398 | $398 | $398 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,865 | $4,141 | $5,766 |
| Total Monthly Payment | $4,355 | $4,631 | $6,256 |
* 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.