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Welcome to this immaculate, coastal gem tucked away in the highly desirable Schooner Cove neighborhood near Point Judith. With an expansive and well laid out 1820 s. f first floor, this home allows for one level living if desired. The first floor primary suite features an expansive walk -in closet and a gorgeous en suite bath. There's a second primary suite upstairs along with a versatile oversized loft space- perfect for home office, sitting room or media retreat. The well-equipped kitchen boasts a bright breakfast nook and expansive cathedral ceilings. Step outside to your newly updated deck with hot tub overlooking picturesque open space. There is a convenient outdoor shower that is ideal for rinsing off after a day at the beach. The 1820 s. f. basement is an open slate and ready to be utilized to fit your needs. Complete with a brand-new roof, deck, outdoor shower, and hot water tank, this turn-key home has many major recent updates. In regards to location, you are just a five-minute walk from local dining staples like Spain, Chair 5, Aunt Carrie's, and Iggy's. It's a short bike ride to the Point Judith Lighthouse or to Galilee to catch the Block Island Ferry or watch the fishing boats come in. If you are looking to spend a day at the beach Scarborough, Roger Wheeler, and Salty Brine are also within a few minutes from your house.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,900
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 | $1,039,920 | $1,039,920 | $1,039,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.223% | 6.058% |
| Monthly Tax Payment | $480 | $480 | $480 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,823 | $6,319 | $8,705 |
| Total Monthly Payment | $6,428 | $6,924 | $9,310 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.