41 dexter rock Road, Lincoln, RI, 02865 | $929,000

Nestled on 8. 36 private acres and set 750 feet off the road, this unique property offers a rare combination of privacy, flexibility, and future opportunity. The property features a 2058 sq ft, 3-bedroom, 2. 5-bath Colonial-style residence with wide-plank hardwood floors, a stone fireplace with wood stove insert, and an updated kitchen with shaker cabinetry, granite countertops, and newer stainless steel appliances. First-floor room and nearby half bath offer flexibility for an office, guest space, or potential bedroom, w/ 3 bedrooms upstairs. Sliding glass door off the kitchen open to a patio overlooking the expansive grounds. A custom spiral staircase leads to a spacious primary suite with a private bath, two bedrooms & generous closet spaces. 1, 536 sq. ft. of detached additional living space offers potential for multigenerational living, guest accommodations, or rental income, with an integral one-car garage, mini-split heating and cooling, pellet stove, and recent cosmetic improvements. Both buildings feature newer roofs and updated vinyl siding, providing low-maintenance ownership. Located in Lincoln, RI, with great schools and favorable taxes, the property also presents substantial development potential. Located in an RS-12 zoning district, significant preliminary engineering have been completed, including conceptual plans illustrating potential 9-, 10-, and 13-lot layouts. Inquire for additional information on development potential or to schedule a private tour.

Features

  • Amenities: Golf,Highway Access,Near Schools,Restaurant,Shopping
  • Rooms: 10
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Style: Colonial
  • Year Built: 1972
  • Garage: 1-car Built In,Detached,Garage
  • Heating: Baseboard,Ductless,Electric,Propane,Zoned,Pellet Stove
  • Cooling: Ductless
  • Basement: None,Unfinished
  • Approx Sq. Feet: 2,058
  • Acreage: 8.36
  • Est. Taxes: $7,252
  • Lot Desc: Private,Secluded,Wooded
  • Appliances: Dryer,Dishwasher,Gas Water Heater,Microwave,Oven,Range,Tankless Water Heater,Washer
  • MLS#: 1414178
  • Website: https://www.raveis.com
    /mls/1414178/41dexterrockroad_lincoln_ri?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

The Bessette Veloso GroupSales Associates

401.368.4485

Scott.Veloso@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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Brianna TurgeonVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2104486

860.625.5780

Brianna.Turgeon@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

41 dexter rock Road, Lincoln, RI, 02865

$929,000

The Bessette Veloso Group

Sales Associates

William Raveis Real Estate

Phone: 401.368.4485

Scott.Veloso@Raveis.com

Brianna Turgeon

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.625.5780

Brianna.Turgeon@raveis.com

NMLS Mortgage Loan Originator ID 2104486

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $743,200 $743,200 $743,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.086% 6.183%
Monthly Tax Payment $604 $604 $604
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,220 $4,456 $6,272
Total Monthly Payment $4,916 $5,152 $6,968

* 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.