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73 Quaker Hill Road, Little Compton, RI, 02837 | $2,750,000
Once in a lifetime opportunity for premier coastal setting and surfer's paradise - Set at the edge of Quaker Hill Farm a storied enclave held by select families for generations this 0. 5+ acre site neighbors "The Landing, " a world-renowned surf break known to enthusiasts globally a sought after coastal masterpiece. For those who live for the water, this site is a dream realized. You can bypass the rocky shoreline and head straight to the break from your own backyard. Premier Access: Enjoy deeded access to the pristine sands of Briggs Beach, bucolic path through conservation to the shore. Protected Vistas: Panoramic views remain unobstructed forever thanks to abutting conservation land. Natural Brilliance: Experience the magic of easterly sunrises where the sun dances across the water, illuminating the simple elegance of the area. Refined Simplicity and Expansion Ready: Currently, a charming 1BR home with a simple layout, vaulted ceilings, hardwood floors and wind-protected porch sits on the lot. However, the potential for this site is vast: septic is being engineered to accommodate a 5+ bed custom estate. This is a dream location for coastal enthusiasts. Experience the quiet sophistication of Little Compton at Quaker Hill Farm, where the air quite literally feels different and the landscape remains the true protagonist. Rarely does a property of this caliber become available. Buyer to pay LCAT.
Features
- Amenities: Golf,Marina,Near Schools,Pool,Restaurant,Tennis Court(s)
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full
- Style: Cape Cod
- Year Built: 1994
- Garage: No Garage
- Heating: Baseboard,Electric
- Cooling: None
- Basement: Full,Unfinished
- Approx Sq. Feet: 983
- Acreage: 0.6
- Est. Taxes: $7,107
- Lot Desc: Waterfront
- View: Saltwater,Water
- Water Front: Yes
- Appliances: Dishwasher,Electric Water Heater,Oven,Range,Refrigerator,Water Heater,Washer
- MLS#: 1416699
- Website: https://www.raveis.com
/eprop/1416699/73quakerhillroad_littlecompton_ri?source=qrflyer
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William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
73 Quaker Hill Road, Little Compton, RI, 02837
$2,750,000
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 | $2,200,000 | $2,200,000 | $2,200,000 |
| 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% | 6.121% | 6.183% |
| Monthly Tax Payment | $592 | $592 | $592 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,491 | $13,190 | $18,565 |
| Total Monthly Payment | $13,208 | $13,907 | $19,282 |
* 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