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Unrivaled Craftsmanship in a Stately Stone & Cedar Home! Set within the exclusive enclave of Tuckertown Springs, this custom-built 2007 home offers 4, 449 sq. ft. of thoughtfully designed space on 2. 35 acres: the striking exterior features natural stone & cedar shingles, gable roofs & arched entryways. Multiple driveways provide access to a four-car garage. ** Inside, a grand two-story foyer with custom inlaid hardwoods leads to an expansive great room featuring soaring ceilings, a floor-to-ceiling stone fireplace, French doors, & a second-floor balcony that enhances the open, airy design. ** Designed for function & style, the kitchen features granite counters, custom cabinets & a center island. Stainless appliances include a double-door refrigerator, double oven, & gas range. A breakfast bar offers casual dining; the adjoining breakfast nook has a pellet stove & floor-to-ceiling windows. The formal dining room, with an arched window, provides an excellent space for hosting. ** The main-level primary suite features a spa-like bath with a tub, a walk-in shower, a double vanity, & a walk-in closet. The upper level includes two additional beds with a Jack-and-Jill bath, a bonus room, & a flexible living space, ideal for a home office or guest suite. Additional features include central AC & generator. Minutes from Wakefield's town center, this home is near Narragansett and Charlestown beaches, with URI just 10 minutes away an exceptional opportunity 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 | $1,276,000 | $1,276,000 | $1,276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.511% | 6.309% |
Monthly Tax Payment | $1,137 | $1,137 | $1,137 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,245 | $7,961 | $10,854 |
Total Monthly Payment | $8,507 | $9,223 | $12,116 |
* 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.