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Enjoy peaceful country living while staying close to Rhode Island's beaches, attractions, and conveniences. Within walking distance of Dawley Pond, Breakheart Pond, and the Wood River, this charming Gambrel Cape offers privacy, character, and a beautiful natural setting. Travel down a winding country road to a long private driveway leading to this warm and inviting home. Inside, you'll find gleaming wide pine floors throughout, a striking fieldstone fireplace, a beautiful eat-in-kitchen with quartz counter tops, double ovens, and plenty of quality cabinetry. Relax in the comfortable family room/sunroom with shiplap walls, skylights, and sliders opening to a large deck overlooking the backyard. Enjoy watching birds and wildlife and take in the surrounding beauty and sounds of nature. Modern updates include central air conditioning and a whole-house generator for added comfort and convenience.
Despite its quiet setting, the home is just a short drive from Misquamicut State Beach, Narragansett Town Beach, the University of Rhode Island, North Kingstown Train Station, Jamestown, and Newport. Farm stands, restaurants, boating, fishing, hiking, and other outdoor activities are all nearby, offering the perfect balance of country charm and coastal living.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $591,920 | $591,920 | $591,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.846% |
| Monthly Tax Payment | $474 | $474 | $474 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,545 | $3,693 | $4,876 |
| Total Monthly Payment | $4,111 | $4,259 | $5,442 |
* 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.