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Presented by![]() Judy Jennings |
Enjoy the upcoming summer in this rarely offered coastal haven with the most incredible ocean views, 2 parking spots & deeded beach rights to Salty Brine beach! Centered in the picturesque Port of Galilee, this townhouse condo comes fully furnished. Featuring young windows/doors, heat system, new central a/c, central vacuum & alarm system; this exceptional investment opportunity with solid rental history is a 5-Star rated Guest Favorite on Airbnb & VRBO. This turnkey unit built in 2011 has an abundantly lit open floor plan drenched with hardwoods, 2-bedroom ensuites, laundry on 2nd floor & half bath on 1st floor. The main level offers an updated kitchen highlighting quartz countertops, high-end stainless-steel appliances, hood & glass tile backsplash. Its main level also showcases a dining area for 6+ people adjoined to the kitchen & a spacious living room with sliding glass door leading onto a balcony deck with peaceful seating area to relish in the ocean views & salt air ocean breeze. The primary suite is a serene retreat with double closets, stylish full bath with glass doored tiled rain shower & private balcony to enjoy the tranquility of your morning coffee while watching the ferry set sail & disembark. Second oversized bedroom ensuite with large closet features full bath with tub & shower. Walkability to the Block Island Ferry, quintessential RI restaurants including George's, the tiki bar, fresh caught local seafood, marinas, gift shops & homemade ice cream.
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:
$1,325,000
Sales Associate
William Raveis Real Estate
Phone: 617.835.7140
judy.jennings@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 339.224.0866
Scott.Petersen@raveis.com
NMLS Mortgage Loan Originator ID 32556
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $1,060,000 | $1,060,000 | $1,060,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.375% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.565% | 6.475% | 6.183% |
Monthly Tax Payment | $493 | $493 | $493 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,936 | $6,613 | $8,945 |
Total Monthly Payment | $6,554 | $7,231 | $9,563 |
* 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.