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Set on a lush 2-acre parcel edged with classic New England stone walls, this oversized ranch home sits in one of Rhode Island's most cherished rural communities. With 4 bedrooms, 4 full baths, and 2, 458 square feet of living space, the property presents an outstanding opportunity to redesign and refresh a classic layout into a customized dream home. Flooded with sunlight, the interior can be transformed into open, airy living spaces that celebrate the natural light and pastoral setting. The lower level has finished spaces that allow for in-law or guest quarters with private entry and plenty of storage. A major value add is the 1, 932 sq ft commercial three-car garage. This building offers serious utility and flexibility for cars, hobbies, horses, gear, or even a home-based business. All of this is situated just minutes from sandy beaches, the historic Commons, and convenient to Westport and Tiverton Four Corners, blending quiet country living with access to coastal charm and regional hubs. Little Compton is known for its scenic vistas, agricultural heritage, stone walls, and community lifestyle. This property is a chance to own a piece of that lifestyle and make it your own. 141 Peckham Road is an invitation to build something beautiful in an unmistakably special Rhode Island town. Buyer to pay Little Compton Agricultural Conservancy Tax.
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$1,200,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
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 | $960,000 | $960,000 | $960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.164% |
| Monthly Tax Payment | $344 | $344 | $344 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,451 | $5,833 | $8,101 |
| Total Monthly Payment | $5,920 | $6,302 | $8,570 |
* 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.