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Welcome to 38 River Run a light-filled contemporary home set on a private two-acre lot in the desirable Quail River neighborhood. Thoughtfully designed for comfort, function, and entertaining, the home features a gracious entry and a striking great room with soaring wood-paneled cathedral ceilings. The fully renovated 2022 kitchen offers premium appliances, natural maple cabinetry, and an oversized picture window overlooking the fenced backyard gardens. A charming dining nook, surrounded by windows, flows into the inviting family room with vaulted ceilings and a dramatic masonry fireplace. The spacious dining area easily accommodates intimate meals or larger gatherings. A bright office with skylights creates an ideal work-from-home space. The first floor also includes a bedroom and full bath, providing convenient main-level living. Generous private decking off the great room and family room offers seamless indoor-outdoor enjoyment. Upstairs includes a spacious primary suite with a a tastefully updated 2023 bath, two additional bedrooms, and another full bath. Additional highlights include a full lower level with expansion potential, oversized cedar closet, new 2026 heating system, and new washer/dryer. Ideally located in the heart of the state, this home offers exceptional convenience: easy highway access and quick drives to Newport, Providence, and Boston.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $760,000 | $760,000 | $760,000 |
| 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% | 6.361% | 6.183% |
| Monthly Tax Payment | $869 | $869 | $869 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,315 | $4,679 | $6,413 |
| Total Monthly Payment | $5,276 | $5,640 | $7,374 |
* 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.