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This charming Cape-style home sits on an acre near the Commons. Step into the sun-filled mudroom with teak tile floor and a garden window, leading into the home. A short hall past a bathroom with an accessible shower enters a bright living room and desirable first-floor bedroom. Upstairs are two spacious bedrooms and a marble-tiled bath with stained-glass transom and deep Kohler VibrAcoustic tub with music and mood lighting. Enjoy sunrise through the bow window and moonlight from the skylight. The property includes a renovated 1800s corncrib/barn with historic wood floors and antique parlor stove for cozy winter evenings. The barn with its attached covered flagstone patio and parking area for one car can be used as a remote office. Walking to the rear of the property reveals a secluded wooded enclosure surrounded by stonewalls and thick native growth where boulders under a Princeton elm invite contemplative meditation and birdwatching. Relatively new septic, roof, oil furnace, plus two water wells make for comfort. The proximity to beaches and Sakonnet Point provides year-round pleasure. The property offers timeless New England character and charm in one of Rhode Island's most desirable seaside communities. Buyer to pay the LC Agricultural Conservancy Tax at closing. AS A BONUS The barn which sits on the s/s of the house is a great start for an ADU, rebuilt and ready for further renovation.
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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 | $659,920 | $659,920 | $659,920 |
| 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 | $177 | $177 | $177 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,695 | $4,010 | $5,524 |
| Total Monthly Payment | $3,964 | $4,279 | $5,793 |
* 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.