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"Bridge View" a stunning, shingle-style residence completed in 2022, is nestled on the picturesque waterfront of Jamestown, RI. This impressive estate spans 6, 000 square feet, across 6 ensuite rooms, offering luxurious waterfront living with breathtaking 180-degree views of Narragansett Bay and the Newport & Mount Hope bridges from every room. The home's uniqueness begins with a light filled open-concept living room with 10-foot ceilings and floor-to-ceiling windows which leads to the deck. A chef's kitchen, a culinary enthusiast's dream, includes a cooktop, large oven, gas stove, stainless steel appliances, double wall steam ovens, a refrigerator, wine and beverage cooler, double galley-sinks, and dual dishwashers, providing a seamless cooking experience. The dining area is completed by a full bar, perfect for large gatherings with seating for 10. This thoughtfully designed home includes twelve rooms, featuring a private and versatile living area with a full bathroom in the carriage house and a separate side entrance above the garage, ideal for an au pair or household member seeking privacy. An elevator provides easy access throughout. The full basement offers a gym, 9-foot ceilings with tall windows displaying waterfront views, a future recreation media room, and abundant storage, offering endless customization potential. The master bedroom boasts a Juliette balcony overlooking the Newport Bridge and includes his and hers separate bathrooms and walk-in closets. A must see home!
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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 | $6,000,000 | $6,000,000 | $6,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.613% | 6.183% |
Monthly Tax Payment | $1,907 | $1,907 | $1,907 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $34,067 | $37,924 | $50,631 |
Total Monthly Payment | $36,099 | $39,956 | $52,663 |
* 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.