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Built in 2011, this lovely three bedroom, three bath coastal retreat in Plum Beach has a laid-back vibe with modern conveniences. The lovely kitchen with thoughtful storage and workspace design is fully-equipped with a gas cooktop, double ovens, beverage fridge, and walk-in pantry. The kitchen opens to a large dining area and living room with built-in storage and a gas fireplace. A formal entry, mudroom, full bath, office/library and sunroom complete the first level. The second floor has a primary bedroom with an ensuite bath and walk-in closet, two more bedrooms, a third full bath and large laundry room. With the exception of the bathrooms and mudroom, there is hardwood flooring throughout. Every closet is equipped with a built-in storage system. The wraparound deck, stone patio and walkways, along with the professionally landscaped yard and exterior lighting set the scene for home entertaining. This deceptively modern gem has solar panels and batteries, a Tesla charging port, a 2-car garage that can accommodate 4 cars in tandem, a new Viessmann furnace, Sonos, a Lutron lighting system and more. Join the beach club and enjoy boating, tennis and the beach. Conveniently located near historic Wickford village, Newport, Jamestown and all the beautiful beaches of South County, it's a quick commute to Providence, and to Boston via commuter rail, and NYC and beyond via Amtrak.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,995,000
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 | $1,596,000 | $1,596,000 | $1,596,000 |
| 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 | $947 | $947 | $947 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,062 | $9,569 | $13,468 |
| Total Monthly Payment | $10,133 | $10,640 | $14,539 |
* 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.