030 Madison Avenue, Portsmouth, RI, 02872 | $645,000

Experience the ultimate blend of Narragansett Bay views, modern luxury, and exceptional outdoor living in this move-in-ready home at 30 Madison Ave, Prudence Island. Whether you're looking for a vacation getaway or a cozy year-round residence, this stunning property has it all. Bask in breathtaking panoramic views of the ocean from all three levels, including a master bedroom where you can watch the sunrise each morning without even getting out of bed. Featuring Thomasville Cabinets, stainless steel appliances, and new granite countertops, this kitchen is as beautiful as it is functional. Perfect for cooking family meals or hosting guests in style. enjoy the outdoors with over 200 sqft of Trex decking, a patio with fireplace, and a pergola. The outdoor kitchen is ideal for grilling out with family and friends. An outdoor shower adds the perfect touch to your beach-inspired lifestyle. With new mini splits, you can easily adjust the climate to your liking, combined with the pellet stove and electric heat, to provide you with low heating costs, you'll stay comfortable all year round. Mahogany floors add elegance, and the stunning staircase winds around the fireplace, leading to the spacious third-floor guest bedrooms. From watching the snowfall with a cozy fire, to summer nights grilling on the deck, this home offers the best of every season. Don't miss out on this one-of-a-kind opportunity to live just steps from the ocean with all the modern amenities you will ever need!

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 2 full
  • Style: Contemporary,Colonial
  • Year Built: 2000
  • Garage: No Garage
  • Heating: Baseboard,Electric,Heat Pump,Other,Zoned,Pellet Stove
  • Cooling: Ductless
  • Basement: Full,Unfinished
  • Approx Sq. Feet: 1,212
  • Acreage: 0.17
  • Est. Taxes: $4,136
  • View: Saltwater,Water
  • Appliances: Dryer,Dishwasher,Exhaust Fan,Electric Water Heater,Oven,Range,Refrigerator,Washer
  • MLS#: 1380778
  • Website: https://www.raveis.com
    /prop/1380778/030madisonavenue_portsmouth_ri?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

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.

Kerian EvansSales Associate

203.331.5351

Kerian.Evans@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69957

914.260.5535

Mace.Rattet@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Francine SilbermanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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

030 Madison Avenue, Portsmouth, RI, 02872

$645,000

Kerian Evans

Sales Associate

William Raveis Real Estate

Phone: 203.331.5351

Kerian.Evans@raveis.com

Mace L. Rattet

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.5535

Mace.Rattet@raveis.com

NMLS Mortgage Loan Originator ID 69957

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $516,000 $516,000 $516,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.173% 7.316% 6.550%
Monthly Tax Payment $345 $345 $345
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,347 $3,476 $4,424
Total Monthly Payment $3,784 $3,913 $4,861

* 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.