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Welcome to your dream coastal retreat! Perfectly situated in one of Westerly's most coveted locations, this beautifully updated 4-bedroom, 3. 5-bathroom Colonial offers the ultimate blend of classic New England charm and modern luxury. Located just moments from pristine area beaches, you are centrally positioned between the exclusive enclaves of Watch Hill and Weekapaug. Inside, enjoy spacious, light-filled living with a beautiful Gourmet Kitchen, updated bedrooms and bathrooms and plenty of room for family and guests. While the location is unbeatable, the extensive, high-ticket mechanical and structural updates truly set this home apart. Enjoy absolute peace of mind for years to come with a brand-new roof, new siding, new windows, a high-efficiency new furnace and air conditioning, and a whole-house generator. Additionally, a brand-new 4-bedroom advanced septic system has been installed. Step outside into your private backyard oasis, featuring a stunning, brand-new 10x24 saltwater dip pool with outdoor shower, perfect for cooling off after a day at the beach or hosting summer barbecues. Whether you are looking for a year-round family home or a luxury summer getaway, this turnkey property is ready for its next chapter.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,600,000
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 | $1,280,000 | $1,280,000 | $1,280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $754 | $754 | $754 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,268 | $7,881 | $10,801 |
| Total Monthly Payment | $8,147 | $8,760 | $11,680 |
* 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.