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A contemporary colonial sited on one of the highest points in Harbour Island, an idyllic 140-acre peninsula framed by specimen trees and surrounded by the serene Point Judith Salt Pond. This turnkey getaway, within a private association, enjoys the amenities of a waterfront resort, including a sandy beach, a marina, and boat launch. A water sportsperson's paradise, within walking distance to multiple water access points, perfect for SUP, kayak and canoe, and for a faster pace, destination sailing and sports fishing are minutes away. Back on land, with a modern kitchen and sunlit open layout to capture both sunrises and sunsets, this home is ideal for either year-round enjoyment or as a summer retreat. In addition to 3 bedrooms, seasonal water views, a cozy fireplace, a fenced-in front yard, and an outdoor shower, the house also has a finished walkout with a full bathroom, great for extra living space or for guests. Outdoor entertainment is also an option, where a private backyard and outdoor patio provide backdrop to enjoy sunsets over the water. Walking from the property will reveal a nature-lover's dream, where the seaside flora and fauna come to life in every season. For either a peaceful getaway or an active coastal lifestyle, this property has something for everyone, and is conveniently located within a short drive to renowned South County Beaches, Wickford Junction Station, and T. F. Green International Airport.
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$1,195,000
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 | $956,000 | $956,000 | $956,000 |
| 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 | $421 | $421 | $421 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,428 | $5,809 | $8,067 |
| Total Monthly Payment | $5,974 | $6,355 | $8,613 |
* 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.