This home is rich in history, originally built and enjoyed by William D. Howland for many years, and later be used by the Red Cross. It was bought and partly restored for use as a recovery house, with a potential for 32 beds. However, it can be used again as a single-family and brought back to its former grandeur that would rival those in Newport. The foyer is roughly 20x16, and while grand in scale, the floor plan is usable for modern living. The home features many unique details such as tiled fireplaces, marble sinks, two butler's pantries (one also doubles as a wet bar), and leaded glass windows. The living area is spread over three levels that include a total of 6 bedrooms, 4. 5 bathrooms, a billiard room, and multiple walk-in storage rooms. There is more than enough space for an Au Pair, extended family, or live-in staff on the 3rd level. The home is located on a nice size corner lot with an elevated patio in the tree lined West End neighborhood, with similar architecture.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 2 | Closet, Flooring - Hardwood | 14.0 x 16.0 | Second |
| Bedroom 3 | Closet/Cabinets - Custom Built, Flooring - Hardwood | 14.0 x 16.0 | Second |
| Bedroom 4 | Closet, Flooring - Hardwood | 10.0 x 13.0 | Second |
| Dining Room | Flooring - Hardwood, French Doors, Exterior Access, Wainscoting | 14.0 x 19.0 | First |
| Kitchen | Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Wet Bar, Breakfast Bar / Nook, Exterior Access, Recessed Lighting | 14.0 x 18.0 | First |
| Living Room | Flooring - Hardwood, Wainscoting | 18.0 x 18.0 | First |
| Master Bedroom | Closet, Flooring - Wall to Wall Carpet | 15.0 x 19.0 | Second |
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$1,300,000
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,040,000 | $1,040,000 | $1,040,000 |
| 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 | $934 | $934 | $934 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,824 | $6,319 | $8,706 |
| Total Monthly Payment | $6,883 | $7,378 | $9,765 |
* 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.