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Welcome to your dream retreat in the beautiful, coastal exclave of Potowomut. Stunning 3-level, colonial, only 9 years old, blends modern comfort w/ classic elegance, views of Greenwich & Narragansett Bays, residence designed to accommodate relaxation & entertainment w/ gleaming hardwood floors, wainscoting & crown molding, LR w/ gas FP, well-appointed kitchen with water views is a chef's delight, large center island, granite counters, custom cabinets, SS appliances, DR with bar & storage, 2 gas, FHA heating systems, central A/C plus 2nd level laundry room & half BA, finished recreation room on 1st level is 100% above grade, primary BR suite on 3rd floor includes sitting area w/ water views, crown molding, hardwood floors, tiled shower & stone flooring, 2 other carpeted BR's w/ possible home office. Slider to deck, in-ground sprinklers, public water, engineered septic system, no flood insurance required, oversized 1-car garage w/ plenty of storage, vinyl sided exterior & decorative stone accents, easy access to local attractions, including 3 beaches, boat ramp, 1 mile to Potowomut Golf Club. Nature enthusiasts will appreciate proximity to Goddard Park & Sandy Point, while vibrant East Greenwich Hill & Harbour district offers dining & shopping, area is ideal for both leisure and adventure for dog walking, biking, kayaking. Embrace the serene lifestyle, make this exceptional property your own personal haven. Don't miss out on this unique opportunity to own a piece of paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$799,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $639,920 | $639,920 | $639,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.304% | 5.648% |
| Monthly Tax Payment | $528 | $528 | $528 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,785 | $3,888 | $5,186 |
| Total Monthly Payment | $4,405 | $4,508 | $5,806 |
* 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.