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OPEN HOUSE CANCELLED - 3/9 Stonebridge Area - Nestled in Tiverton's picturesque Stone Bridge neighborhood, this beautifully restored Victorian, known as the "Mercy Grinnell House" (c. 1890), offers stunning views of the Sakonnet River and breathtaking sunsets. This ideal location is just minutes from Rt. 24 and a short distance from Marinas, restaurants, a barista, a quaint beach, the yacht club and so much more. Sitting on 1. 37 acres, this stately home boasts a perfect blend of historic charm and modern amenities. The updated kitchen features granite countertops, high-end appliances, a coffee bar, and radiant heating in both the kitchen and dining areas. Original details, such as wide moldings, raised panels, flooring and ceiling pediments, have been meticulously preserved, adding to the home's character. The first and second floors include 6+ spacious bedrooms, 4 baths, a formal dining room, a double parlor, an office, and a family room. The third floor walk up attic offers exciting expansion possibilities. Recent upgrades include new plumbing, wiring, roof, painting, and a 6-bedroom septic system. This home also allows for several residential uses, including a Bed & Breakfast, home office, or community residence. Don't miss this rare opportunity to own a piece of history in a prime location.
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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 | $1,188,000 | $1,188,000 | $1,188,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.435% |
Monthly Tax Payment | $1,009 | $1,009 | $1,009 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,839 | $7,607 | $10,186 |
Total Monthly Payment | $7,973 | $8,741 | $11,320 |
* 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.