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Wake to sunrises over Narragansett Bay and fall asleep to the rhythm of the water in this beautifully reimagined coastal retreat in Conimicut Point. Set on a prominent corner lot just moments from the shoreline, this 3-bedroom, 2-bathroom home captures the essence of coastal living with gorgeous water views. Inside, natural light pours through the home, highlighting a warm, inviting living space anchored by an original brick fireplace, perfect for cozy evenings. The first floor features an open layout, full bathroom and large bedroom/office for convenient 1st floor living. Upstairs, the large primary bedroom offers a private escape with a walkout balcony overlooking the bay, an idyllic setting for morning coffee, ocean breezes, and quiet reflection as the tide rolls in. Completely rebuilt with the quality and feel of new construction, every detail has been thoughtfully upgraded, from plumbing, electrical, roof, siding and heating systems to central air conditioning, delivering effortless, modern living wrapped in timeless coastal charm. Outside, the lifestyle continues. A spacious patio, landscaped yard, and off-street parking for five create the perfect backdrop for summer gatherings, while owned solar panels and an EV charger add a forward-thinking touch. Located in a vibrant, seaside neighborhood, you're just a short stroll from the water's edge, where beach days, evening walks, and salt air become part of your everyday routine.
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.873% |
| Monthly Tax Payment | $467 | $467 | $467 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,076 | $3,202 | $4,246 |
| Total Monthly Payment | $3,635 | $3,761 | $4,805 |
* 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.