Presented by
Team AFA - Darien |
Perched above the Sakonnet Passage, this private oceanfront property offers commanding western views of Aquidneck Island and the Atlantic Ocean beyond. Sited on 4. 88 private acres, the property presents a rare opportunity to create an expanded coastal compound with ample space for an accessory dwelling, pool and pool house, pickle ball court, barn, and more. The main level of the home is designed for both comfort and entertaining, with an open living and dining area, an eat-in kitchen and sunroom, a cozy library/office, and a first-floor primary suite, all oriented toward the breathtaking water views. Upstairs, you'll find three additional bedrooms, a full bath, and a teak deck overlooking the ocean and Sachuest Point. The pristine walk-out basement leads to an outdoor shower and path bordered by an artisan fieldstone retaining wall. Access to the rocky beach below, via to-be-built stairs - currently in the permitting process, offers swimming, kayaking, and fishing along the shores of the Sakonnet passage. Located near area beaches, Sakonnet Vineyards, Little Compton Commons, Young Family Farm, and Tiverton Four Corners, this rare waterfront retreat invites you to create a legacy property to be enjoyed for generations. Buyer pays Little Compton Agricultural Conservancy Tax at closing.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,125,000
Luxury Properties Specialists
William Raveis Real Estate
Phone: 203.256.3264
Al@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,300,000 | $3,300,000 | $3,300,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.750% | 5.625% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.878% | 5.732% | 5.555% |
| Monthly Tax Payment | $1,771 | $1,771 | $1,771 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,214 | $18,997 | $26,745 |
| Total Monthly Payment | $19,110 | $20,893 | $28,641 |
* 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.