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593 595 Tuckerman Avenue, Middletown, RI, 02842 | $3,495,000
Located in the highly sought-after Easton's Point neighborhood of Middletown, this multi-family home offers an incredible opportunity for a single family home conversion. Set on a spacious 0. 52-acre lot, the property provides ample space, privacy, and breathtaking water views. Each of the two units have their own private outdoor space, with access to a shared pool. The "Beach Cottage" offers two levels of living space, with the first floor featuring an en suite bedroom. The cottage also provides easy access to the basement, a charming outdoor patio, and a cozy living area. Upstairs, you'll find two additional bedrooms and a full bathroom. The "Upper Deck" unit spans three levels. The expansive living room is ideal for gatherings, complete with a cozy wood-burning fireplace. A deck off the living room provides the perfect setting for outdoor dining and grilling while enjoying stunning water views. This unit also includes two bedrooms, a primary ensuite, and a loft area perfect for a home office, reading nook, or guest space. Additionally, an observation deck offers sweeping views of the Atlantic Ocean and Sachuest Point. The property also includes a spacious three-car garage, offering ample storage and room for beach gear, kayaks, or any recreational equipment you may need. With Second Beach just moments away and Newport's vibrant shops, restaurants, and historic attractions a short drive, this home offers the perfect blend of serenity and convenience.
Features
- Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
- Rooms: 12
- Bedrooms: 8
- Baths: 6 full
- Style: Cabin
- Year Built: 1900
- Garage: 3-car Detached,Garage
- Heating: Baseboard,Hot Water,Oil
- Cooling: Wall Unit(s)
- Basement: Interior Entry,Partial,Unfinished
- Approx Sq. Feet: 4,942
- Acreage: 0.52
- Est. Taxes: $28,021
- View: Saltwater,Water
- Appliances: Dryer,Dishwasher,Microwave,Oven,Oil Water Heater,Range,Refrigerator,Range Hood,Washer
- MLS#: 1379204
- Website: https://www.raveis.com
/eprop/1379204/593595tuckermanavenue_middletown_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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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
593 595 Tuckerman Avenue, Middletown, RI, 02842
$3,495,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,796,000 | $2,796,000 | $2,796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
| Monthly Tax Payment | $2,335 | $2,335 | $2,335 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,875 | $17,903 | $23,783 |
| Total Monthly Payment | $18,335 | $20,363 | $26,243 |
* 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