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1140 Succotash Road, Narragansett, RI, 02879 | $895,000
Quintessential Jerusalem beachside cottage boasting waterviews and opportunity! Discover one of RI's most treasured beach and fishing communities, just steps to convenient beach access via Ocean Avenue. Renovate & Refresh, or let the superior seaside location lay the foundation for your coastal vision to take shape. The 4, 792+/- sf. lot affords the chance to capture picturesque views of the Atlantic Ocean, Block Island, East Matunuck State Beach, and the protected Nature Preserve. The current footprint offers plenty of room to entertain with 3 bedrooms, 1. 5 bathrooms, and loft space. Outdoor shower, town water, detached garage, and off-street parking for 4 complete your list of beach house "must-haves". Summer memories are made here- relish in sun-soaked afternoons on the beach and cozy evenings capturing blissful sunsets. As a part of the Kenyon Association, owning 1140 Succotash provides access to 2 beaches and additional parking for cars and trailers. Whether you're seeking a serene getaway or active coastal lifestyle, this idyllic setting is just a stone's throw from the famed Matunuck Oyster Bar, Jim's Dock, Marinas, and "Dog Beach"- where dogs are always welcome! Embrace the beloved Jerusalem lifestyle year-round or seasonally, just 90 minutes from Boston, 3hrs from NYC- the ultimate getaway destination. Cherished by the same owners for generations, this is a rare opportunity to carry forward the legacy of 1140 Succotash Road. Sold As Is
Features
- Rooms: 5
- Bedrooms: 3
- Baths: 1 full / 1 half
- Style: Cabin
- Year Built: 1940
- Garage: 1-car Detached,Garage
- Heating: Propane,Space Heater
- Cooling: None
- Basement: Crawl Space,Unfinished
- Approx Sq. Feet: 744
- Acreage: 0.11
- Est. Taxes: $4,843
- HOA Fee: $600 Annually
- View: Saltwater,Water
- Appliances: Water Heater
- MLS#: 1411754
- Website: https://www.raveis.com
/prop/1411754/1140succotashroad_narragansett_ri?source=qrflyer
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William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1140 Succotash Road, Narragansett, RI, 02879
$895,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $716,000 | $716,000 | $716,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.349% | 6.183% |
| Monthly Tax Payment | $404 | $404 | $404 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,065 | $4,409 | $6,042 |
| Total Monthly Payment | $4,561 | $4,905 | $6,538 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB