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Presented by
The Sandyside Team |
Embrace the rare opportunity to craft a bespoke coastal retreat at the prestigious southern tip of Great Island. This 2-bedroom, 2-bathroom ranch serves as a premier canvas for a luxury transformation, defined by its extraordinary southwestern exposure that captures breathtaking sunsets over the pond. What truly sets this property apart is the serenity of its outdoor space. The backyard is a super-private sanctuary, a lush haven where many species of local birds visit and provide a natural soundtrack to your morning coffee. Most importantly, your investment is protected: there is limited buildable land between the property and the pond, ensuring your water views will remain unobstructed. The home is a dream for maritime enthusiasts, situated just steps from the Galilee Boat Launch to make days on the water entirely effortless. Beyond the doorstep, a network of private neighborhood paths offers direct access to the shore, while the vibrant energy of Galilee is just a short stroll away. From the pristine sands of Salty Brine Beach to the Block Island Ferry and world-class seafood, the very best of the Rhode Island coastline is quite literally in your backyard!
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:
$829,000
Sales Associates
William Raveis Real Estate
Phone: 508.308.7686
TheSandysideTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
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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 | $663,200 | $663,200 | $663,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $521 | $521 | $521 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,714 | $4,030 | $5,552 |
| Total Monthly Payment | $4,327 | $4,643 | $6,165 |
* 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.