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This 4-bedroom contemporary Colonial home has sunny, spacious rooms and offers lots of options in lifestyle. The first floor features an open floor plan for both the dining and living rooms as well as the eat-in kitchen and family room. The front entry hall leads to a craft room/office space, a powder room and a good sized laundry room with garage access. Sliding doors from the fire-placed family room give access to the deck overlooking the private back yard. The second floor features a primary bedroom with en-suite bath, three more bedrooms and another full bath. It also offers expansion possibilities for an additional second floor room and a full staircase to the attic which has enough clearance to be converted to a finished third story.
The attached two-car garage has plenty of space for bikes and storage. Located at the end of a quite cul de sac, the home offers nearly a half acre of land for comfortable living that is situated close to Newport, shopping, beaches and more.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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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 | $824,000 | $824,000 | $824,000 |
| 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 | $746 | $746 | $746 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,614 | $5,007 | $6,898 |
| Total Monthly Payment | $5,485 | $5,878 | $7,769 |
* 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.