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Presented by
Laura Ballirano |
Don't miss the opportunity to build your dream home in the coveted coastal community of Avondale. Proposed plans feature a stunning shingle-style residence offering approximately five bedrooms, five and one-half baths, a pool, and over one acre of beautifully situated waterfront land. Call LA for details on new build. Alternatively, the existing five-bedroom waterfront home is available to purchase as-is for $6, 000, 000. The property boasts 186 feet of direct waterfront with breathtaking sunset views, a private south-facing backyard, accessory buildings that include an office and guest quarters, and ample room to add a pool or further enhance the estate. A boater's dream, the property includes a 45-foot floating deep-water dock with water and electric hookups, plus two additional moorings (59 Avondale). The lot sits at elevation 14 and is not subject to FEMA restrictions. Located just 1. 5 miles from Watch Hill's renowned beaches and offering easy boating access to some of New England's most stunning destinations, this is waterfront living at its finest.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$9,000,000
Sales Associate
William Raveis Real Estate
Phone: 860.250.0287
Laura.Ballirano@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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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 | $7,200,000 | $7,200,000 | $7,200,000 |
| 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 | $1,667 | $1,667 | $1,667 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $40,881 | $44,332 | $60,758 |
| Total Monthly Payment | $42,673 | $46,124 | $62,550 |
* 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.