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Presented by
Anna Borelli |
This BRAND NEW exceptional waterfront estate is ready to move in and promises the ultimate in coastal luxury living. Set on a private one-acre lot, the home features 5 spacious ensuite bedrooms and 7. 5 beautifully appointed bathrooms. The first-floor primary suite is a serene retreat with stunning water views, 2 walk-in closets, and a sunlit, luxurious bath featuring a large soaking tub, water closet and shower. Expansive living spaces throughout blend indoor and outdoor living. Step outside to your private oasis complete with a built-in pool, pergola over an outdoor barbecue area, and an outdoor shower perfect for entertaining or relaxing. An approval for a dock has been obtained and the home is designed for the addition of an elevator if needed. Easy commute to Newport and the highway. With its prime waterfront setting, modern design, and high-end finishes throughout, this completed masterpiece is a rare opportunity to own a truly extraordinary home on the water. Call today for showings and information!
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,995,000
Sales Associate
William Raveis Real Estate
Phone: 617.921.5955
Anna.Borelli@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 781.490.5670
Andrew.vanDyk@raveis.com
NMLS Mortgage Loan Originator ID 23716
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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 | $7,196,000 | $7,196,000 | $7,196,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.133% | 6.183% |
| Monthly Tax Payment | $1,587 | $1,587 | $1,587 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $40,858 | $43,144 | $60,724 |
| Total Monthly Payment | $42,570 | $44,856 | $62,436 |
* 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.