42 Driftwood Drive, Tiverton, RI, 02878 | $1,380,000
Discover the charm of 42 Driftwood Dr, a stunning contemporary home with exceptional ocean views in the sought-after South Tiverton / Seapowet Area. This 1, 510 sq ft oceanfront residence features three bedrooms, one and a half baths, and multiple levels. Enjoy spacious decks, patios, and balconies perfect for an oceanfront lifestyle. The foyer welcomes you with warm ambiance and breathtaking water views. The main level includes a cozy living room, den, kitchen with cherry cabinets and granite countertops, dining area, screened porch, powder room, and a bedroom. The unique nine-room layout features a tiered design and a boat-like sleeping loft with bunk beds. For outdoor enthusiasts, the home offers a private roof deck and generous deck and patio spaces. The front and back yards provide ample space for gardening or relaxation, with a storage shed included. Conveniently, boat access and a mooring are next to the home. Minutes from Seapowet or Fogland Beach, enjoy fishing, boating, kayaking, or hiking. Just a 15-minute drive to highway access and 5 minutes to Historic Tiverton Four Corners. Make 42 Driftwood Dr your personal haven perfect for year-round living or summer getaways. Schedule a viewing today!
Features
- Amenities: Highway Access,Marina,Near Schools,Other,Recreation Area,Shopping,See Remarks
- Rooms: 9
- Bedrooms: 3
- Baths: 1 full / 1 half
- Style: Contemporary
- Year Built: 1970
- Garage: No Garage
- Heating: Forced Air,None
- Cooling: Central Air
- Basement: Crawl Space,Interior Entry,Unfinished
- Approx Sq. Feet: 1,510
- Acreage: 0.25
- Est. Taxes: $11,665
- Lot Desc: Corner Lot,Waterfront
- View: Saltwater,Water
- Appliances: Dryer,Dishwasher,Electric Water Heater,Microwave,Oven,Range,Refrigerator,Range Hood,Water Heater,Washer
- MLS#: 1380925
- Website: https://www.raveis.com
/eprop/1380925/42driftwooddrive_tiverton_ri?source=qrflyer
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William Raveis Family of Services
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888.699.8876
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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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
42 Driftwood Drive, Tiverton, RI, 02878
$1,380,000
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 | $1,104,000 | $1,104,000 | $1,104,000 |
| 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 | $972 | $972 | $972 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,268 | $6,978 | $9,316 |
| Total Monthly Payment | $7,365 | $8,075 | $10,413 |
* 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