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Presented for the first time, this beautiful waterfront custom modular boasts breathtaking, unobstructed views of the Sakonnet River and Blue Bell Cove. Located on a private driveway off Park Avenue and nestled along the picturesque shores, step right from the backyard with direct water access to the beach. Riparian rights to a mooring for maritime enthusiasts. Offering about 2, 500 square feet of living space on three levels, the open floor plan has water views from every room. The well-appointed kitchen on the second floor has leathered quartzite and quartz counters, sleek tile backsplash, stainless steel appliances, wine cooler, farmhouse sink, and dedicated built-ins. A generous dining area connects seamlessly to the living room anchored by a gas fireplace flanked by bookcases. A lovely sitting room is tucked around the corner with pocket doors as well as a conveniently located powder room. The entire area is sited to take advantage of fabulous sunrises and sunsets with large windows and glass sliders leading to a 40' x 14' deck. The third floor has two bedrooms, a shared bathroom with laundry, and a primary ensuite with a spa bathroom, walk-in closet, and private deck. The walkout lower level includes a full bath, family room with sliders to the patio, and integral two-car garage. Brazilian Teak hardwood floors, custom awnings, central AC, irrigation system, outdoor shower, hot tub and more all add to the opportunity to own a slice of Rhode Island's spectacular coastline!
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$1,695,000
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 |
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Loan Amount | $1,356,000 | $1,356,000 | $1,356,000 |
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% | 6.727% | 6.309% |
Monthly Tax Payment | $984 | $984 | $984 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,699 | $8,683 | $11,534 |
Total Monthly Payment | $8,808 | $9,792 | $12,643 |
* 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.