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Welcome to Pettaquamscutt Lake Shores, where coastal charm and relaxed lake living come together. This beautifully maintained 4-bedroom, 2-bath home sits on a desirable corner lot and features a fully repainted interior that feels fresh, bright, and move-in ready. Whether you're looking for a year-round residence, summer retreat, or investment opportunity, this property offers incredible flexibility with a strong established rental history. Enjoy spending your days just a short walk from the neighborhood beach, where you'll have access to kayaking, canoeing, paddle-boarding, and peaceful days along the water. After a day at the lake, come home to relax or entertain on the deck overlooking the great yard perfect for summer barbecues, outdoor dining, lawn games, or simply enjoying the coastal air. Located in the highly sought-after Pettaquamscutt Lake Shores community, this home offers the ideal blend of vacation-style living and everyday comfort, all within close proximity to Rhode Island's beautiful beaches, restaurants, marinas, and charming coastal towns. A rare opportunity to enjoy the best of South County living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | $271 | $271 | $271 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,160 | $3,283 | $4,318 |
| Total Monthly Payment | $3,523 | $3,646 | $4,681 |
* 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.