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76 What Cheer Road, Narragansett, RI, 02882 | $1,599,000
Welcome to 76 What Cheer Rd, a beautifully maintained and coastal retreat just steps away from the sparkling waters of Narragansett Bay's West Passage. Nestled in the desirable Bonnet Shores neighborhood, this cherished home offers everything you need for serene seaside living. Boasting unobstructed water views from many of the rooms, this spacious 4-bedroom, 3 full bathroom home is thoughtfully designed for comfort, relaxation, and entertaining. This home features gleaming hardwood floors downstairs, granite countertops, and four sliding glass doors with decks that flood the space with natural light and salty ocean breezes. There is an outdoor shower located in the rear of the property for those who want to rinse off after spending their days exploring the nearby beaches. Town water, sewer, natural gas, low property taxes, and a strong rental history make living here not only convenient but also cost-effective. It's the perfect blend of simplicity and possibility. 76 What Cheer Rd would not only make a perfect year-round home in the future or summer getaway, but it is a highly desirable investment property. It is consistently rented year after year by loyal vacationers in the summer and University of RI students in the fall. This home offers reliable and prosperous income potential with minimal effort. Don't miss your chance to own a slice of paradise in Narragansett schedule your private tour of 76 What Cheer Rd today.
Features
- Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
- Rooms: 8
- Bedrooms: 4
- Baths: 3 full
- Style: Cape Cod
- Year Built: 1945
- Garage: No Garage
- Heating: Gas,Hot Water
- Cooling: Central Air
- Basement: Exterior Entry,Interior Entry,None
- Approx Sq. Feet: 1,864
- Acreage: 0.14
- Est. Taxes: $8,244
- View: Saltwater,Water
- Appliances: Dryer,Dishwasher,Exhaust Fan,Gas Water Heater,Microwave,Oven,Range,Refrigerator
- MLS#: 1383110
- Website: https://www.raveis.com
/eprop/1383110/76whatcheerroad_narragansett_ri?source=qrflyer
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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.
Customer Service
888.699.8876
Contact@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
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- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- 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.
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
76 What Cheer Road, Narragansett, RI, 02882
$1,599,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,279,200 | $1,279,200 | $1,279,200 |
| 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 | $687 | $687 | $687 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,263 | $8,191 | $10,881 |
| Total Monthly Payment | $8,075 | $9,003 | $11,693 |
* 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