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A modern carriage house across from Mill Cove and walking distance from the Historic Village of Wickford, this turnkey getaway has idyllic water views framed by harbor in the foreground and serene cove and natural islands in the background. A water sportsperson's paradise, across from marina and water launch, perfect for SUP, kayak and canoe, and for a faster pace, destination sailing and sports fishing are minutes away. Back on land, the home is an entertainer's dream, with a modern kitchen and open layout to accommodate large gatherings. Outdoor entertainment is also an option, where a private patio and level grade backyard provide backdrop for both sport and leisure. Other essential items include a premium multi-bay garage, adaptable for both a car collection and a lounge or game room, an oversized elevator, high efficiency hvac with central air, and a 3 bedroom septic. Walking from the property will reveal one of New England's most picturesque seaside villages to explore, rich in historic architecture, caf 's, galleries, boutique shops, and dining. Conveniently located within minutes to Wickford Junction Station, and a short drive to T. F. Green International Airport, renowned South County Beaches, world famous yachting city and Gilded Age mansions of Newport, and culinary and arts destination of Providence.
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Our Executive Mortgage Banker:
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$1,695,000
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 | $1,356,000 | $1,356,000 | $1,356,000 |
| 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 | $834 | $834 | $834 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,593 | $8,239 | $11,351 |
| Total Monthly Payment | $8,552 | $9,198 | $12,310 |
* 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.