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Welcome home to Shadow Farm, one of the area's most desirable communities. This rare stand-alone 4-bedroom, 3-full-bath condominium with an attached garage offers the perfect blend of comfort, space, and convenience in a move-in ready setting. Inside, gleaming hardwood floors flow throughout the thoughtfully designed two-level layout. The updated kitchen, renovated in 2015, opens seamlessly to the breakfast area, creating an inviting space for everyday living and entertaining. The dining room features sliders leading to a private side patio, while the spacious family room is highlighted by a cozy gas fireplace and additional sliders opening to the rear patio. The first-floor primary suite offers privacy and convenience with its own full bath. Also located on the main level are a second bedroom, an additional full bath, and first-floor laundry. Upstairs, a loft-style family room provides flexible living space, along with two additional bedrooms and a third full bath. Additional features include a full basement, natural gas forced-air heating, and central air conditioning. Residents of Shadow Farm enjoy exceptional amenities, including tennis courts, a dock, and access to the lake for recreation and relaxation. Ideally located near shopping, dining, the bike path, and just a short drive to Narragansett Town Beach, this home offers the best of South County living.
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Our Executive Mortgage Banker:
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$1,100,000
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 | $880,000 | $880,000 | $880,000 |
| 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 | $701 | $701 | $701 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,997 | $5,347 | $7,426 |
| Total Monthly Payment | $5,823 | $6,173 | $8,252 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.