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STUNNING VIEWS!!! Welcome to your year-round oasis directly located on Ninigret Pond in the Arches neighborhood of Charlestown. This home has been beautifully remodeled and is completely turnkey. The top floor hosts an open kitchen, living and dining area along with a half bath. Above the kitchen is a wonderful loft space used as a games area, yoga area and sleeping loft accessed by a moveable library-style ladder giving it a fun tree fort feel. Enter the 1st story into the foyer. Turning to your left, you will find the two bedrooms. While one is the main bedroom, the other is currently being used as an office but can easily accommodate any bed(s) size. A hall bath and laundry area complete the space. Two beautiful decks are located on the 1st and 2nd stories. The 1st story deck becomes a fantastic screened porch with a touch of a button, lowering the fully fitted screens into place. The above-ground lower level is unfinished space providing storage in the winter and perhaps a ping-pong game in the summer! The space is very well insulated, so bring your imagination. Launch your kayaks or paddle boards for a quick trip across the Pond to pull up on the oceanfront beach, find your favorite clamming/fishing spot or just enjoy the beauty that is Ninigret Pond. A mooring is also available through the Town of Charlestown. Complete your day relaxing by the beautiful custom fire pit and enjoy your picturesque landscaped yard.
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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% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.309% |
Monthly Tax Payment | $565 | $565 | $565 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,245 | $8,170 | $10,854 |
Total Monthly Payment | $7,935 | $8,860 | $11,544 |
* 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.