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3 Shadbush Trail, Narragansett, RI, 02879 | $825,000
Opportunity knocks in Narragansett! Nestled on a private double lot abutting a freshwater pond and just steps to your private beach on Narrow River this young 6/7 bed Colonial is perfect for investors, owner occupants or a 2nd home combo! Featuring ample living space across three living levels with an open concept first floor perfect for gathering, complimented by a half bath, laundry room & deck off dining area. The second level offers 4 bedrooms and a full bath, with the third level offering another 3 bedrooms or office and an additional full bath. Easily maintained with relatively new construction, public water & sewer, low maintenance siding, no lead concerns, etc. All set in desirable Narragansett just moments to Bonnet Shores, Town Beach, The Pier, Newport, Highways & all South County has to offer. Being sold fully furnished. Lowww taxes! Bring your kayak, canoe, jet ski and have fun with this income producing 2nd/vacation home. See attached renovation list for recent upgrades.
Features
- Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Other,Public Transportation,Recreation Area,Restaurant,Shopping,See Remarks,Tennis Court(s)
- Rooms: 11
- Bedrooms: 6
- Baths: 2 full / 1 half
- Style: Colonial
- Year Built: 2004
- Garage: No Garage
- Heating: Baseboard,Hot Water,Oil,Zoned
- Cooling: Window Unit(s)
- Basement: Crawl Space
- Approx Sq. Feet: 2,340
- Acreage: 0.27
- Est. Taxes: $4,629
- Lot Desc: Multiple lots,Waterfront
- View: Water
- Appliances: Dryer,Dishwasher,Microwave,Oven,Range,Refrigerator,Range Hood,Water Heater,Washer
- MLS#: 1381023
- Website: https://www.raveis.com
/prop/1381023/3shadbushtrail_narragansett_ri?source=qrflyer
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William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
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
3 Shadbush Trail, Narragansett, RI, 02879
$825,000
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 | $660,000 | $660,000 | $660,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.625% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.712% | 6.764% | 6.435% |
| Monthly Tax Payment | $386 | $386 | $386 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,852 | $4,226 | $5,659 |
| Total Monthly Payment | $4,330 | $4,704 | $6,137 |
* 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