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213 Seaside Drive, Jamestown, RI, 02835 | $2,299,000
Waterfront gem with amazing west passage views! Perched well above sea level for epic sunsets & lots of expansion potential, this house makes for an amazing year-round home, vacation home or rental property. The property has mooring rights & beautiful shoreline access. 3 bedrooms + additional multi-use spaces over 1740 square feet & two levels. The lower level is currently used as an in-law suite can also be utilized as a primary. The upper level has one larger bedroom & 2 nicely sized rooms with water views currently used as bedrooms, but with flexible use. One has a separate entrance, ideal for a work-from-home client-based space. Open concept living room. Relax in the 8-person Hydropool hot tub while watching the sunsets. The home is currently fully furnished & all can be left for a buyer who wants to move right in for the summer or capture the summer short-term rental market. Seller happy to assist with vacation rental planning prior to close, as the market is hot. A quick close is possible for the right offer. With the bridge just far enough away, this quiet side of Jamestown offers amazing neighbors & a tranquil home just 12 minutes to Newport. It's a short stroll to Head's beach & a 5-minute drive to downtown Jamestown for dining & shopping. Sellers were approved for a 5000+sqft house rebuild on this lot, but the buyer would have to do due diligence to re-permit the approved rebuild or go up. See photos. Seller is willing to give concessions to buyers at closing.
Features
- Amenities: Highway Access,Near Schools,Pool,Recreation Area,Shopping,Tennis Court(s)
- Rooms: 7
- Bedrooms: 3
- Baths: 2 full
- Style: Bungalow
- Year Built: 1971
- Garage: No Garage
- Heating: Baseboard,Electric,Wood,Zoned
- Cooling: Window Unit(s)
- Basement: Exterior Entry,Full,Finished,Interior Entry
- Approx Sq. Feet: 1,740
- Acreage: 0.42
- Est. Taxes: $9,661
- Lot Desc: Waterfront
- View: Saltwater,Water
- Water Front: Yes
- Appliances: Dryer,Dishwasher,Electric Water Heater,Disposal,Microwave,Oven,Range,Refrigerator,Water Heater,Washer
- MLS#: 1414585
- Website: https://www.raveis.com
/eprop/1414585/213seasidedrive_jamestown_ri?source=qrflyer
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William Raveis Family of Services
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888.699.8876
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@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
213 Seaside Drive, Jamestown, RI, 02835
$2,299,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,839,200 | $1,839,200 | $1,839,200 |
| 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 | $805 | $805 | $805 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,443 | $11,324 | $15,520 |
| Total Monthly Payment | $11,373 | $12,254 | $16,450 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB