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1 year young home on desirable dead-end road walking distance to McCorrie Point Beach. Each floor has beautiful water views of the Sakonnet River and Tiverton Shoreline with breathtaking sunrises. Large open concept Family Room, Dining Room, and Kitchen. The Kitchen features a 48" Fisher & Paykel Induction Range with double ovens, Cambria Quartz Countertops & Island Stone Glass tile backsplash giving the kitchen a coastal feel. The second floor includes the primary bedroom suite along with 3 other well sized bedrooms, additional full bath and nicely sized laundry room. The attic features an additional bedroom, a full bathroom and loft area. The basement features a tv space, gym area, half bath and rec room with a walk out to the patio/pool area. There is a covered balcony off of the primary suite with access to the adjacent bedroom as well. The first floor features a larger covered porch off the dining/family area overlooking the 15' x 40' salt water inground pool. The pool features Hayward equipment with smart enabled features to make monitoring and maintenance easier. The back yard also has a custom built shed to match the home's exterior.
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$2,495,000
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 | $1,996,000 | $1,996,000 | $1,996,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,284 | $1,284 | $1,284 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,333 | $12,128 | $16,843 |
| Total Monthly Payment | $12,742 | $13,537 | $18,252 |
* 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.