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Welcome to 219 West Reach Drive in exclusive West Reach Estates. This impeccably maintained 3 bedroom expanded Cape features a primary suite on the first floor. The open floor plan on the main floor includes a chef's kitchen with a brand new Thermador range top, formal dining and family room. A newly added sunroom surrounded in glass gives you beautiful views to the pond all year round. The recent addition has a mud room/laundry on the first floor that includes a pet shower and ample storage area. Much of the first floor has radiant heating to keep you warm throughout the winter. The second floor features two sizeable bedrooms and a full bath. The three car garage provides ample storage space and is designed to allow for expansion possibilities above. A full, dry basement with interior/exterior access provides additional storage space. Set on almost two acres, the property is like a private oasis - the exterior is ready for summer with beautifully landscaped perennial gardens and a heated salt water pool overlooking Rosamond pond. Most of the property has had significant upgrades in recent years, including a new roof, rebuilt pool, and upgraded utility services. West Reach Estates includes deeded rights to community ponds as well as two beach accesses within the neighborhood. Jamestown is the jewel of Narragansett Bay, and this property allows for quick access to bridges makes for a simple commute to Providence, Newport or Boston. Don't miss out on this unique property.
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$2,395,000
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 | $1,916,000 | $1,916,000 | $1,916,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $525 | $525 | $525 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,729 | $11,642 | $16,039 |
| Total Monthly Payment | $11,379 | $12,292 | $16,689 |
* 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.