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Located just off Route 1A, this 2002 built colonial offers an exceptional combination of space and amenities in a highly desirable and convenient setting. With a combined 2, 800 square feet of living space, two-car garage, and a heated pool, this property delivers the kind of features that are rare finds in Narragansett. Hardwood floors run through the kitchen, den, and dining room while wall-to-wall carpeting adds comfort to the living and bedrooms. The home includes three bedrooms, a dedicated office, and two and a half baths. The primary bedroom suite features a walk-in closet, tray ceiling, and a beautifully updated bath with double vanity and a glass enclosed shower. Outside, the deck and heated pool create a private backyard retreat, and ample yard space allows for games, gardening, and more. Additional highlights include a whole-house generator for peace of mind, an electric vehicle charger in the garage, and a finished lower level that is currently set up as a bar/ billiard room/ recreation space, offering flexibility for hobbies, entertaining space, or relaxing at home. Just 3 miles from Narragansett Town Beach and the pier shops and restaurants, this meticulously maintained, one-owner home is ready for it's next steward to enjoy it's many amenities and Narragansett's coastal lifestyle! HIGHEST AND BEST OFFERS DUE BY SUNDAY MARCH 8TH AT 3 PM.
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$950,000
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 | $760,000 | $760,000 | $760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $444 | $444 | $444 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,197 | $4,557 | $6,311 |
| Total Monthly Payment | $4,733 | $5,093 | $6,847 |
* 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.