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DON'T MISS THIS RARE OPPORTUNITY to live in one of the best neighborhoods that Tiverton has to offer! You'll be surrounded by meticulous neighboring properties in a quiet enclave with easy access to Route 24. Gorgeously crafted in 1999, this custom wood-shingled Executive Colonial offers an impressive amount living space along with 9' ceilings, that are vaulted higher at the grand entry. The traditional floor plan provides for great functionality with formal dining, a quaint den/sitting room and a generous living room, complete with a zero-clearance gas fireplace to take the chill off on those unpredictable cool nights. Central heat & air conditioning too! Flooring is hardwood on the main level with wall to wall carpets in all 4 of the bedrooms on the second floor. The master bedroom features twin walk-in closets and an ensuite bath, complete with a glass enclosed shower and steamy jacuzzi tub. As an added bonus, above the 3-car garage is over 650 square feet of finished bonus space, currently serving as an office, that could easily be used as a fifth bedroom, if needed. Not only is this home located in an exceptional neighborhood, it's convenient to making your future commute to Providence or Newport less than 30 minutes, with Boston or the Cape being about a 60 minute drive. **There will be no open house events for this home. Only private appointments with pre-approved buyers will be scheduled. **All offers are subject to court approval. COME HOME to SAKONNET RIDGE DRIVE.
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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 | $876,000 | $876,000 | $876,000 |
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 | $839 | $839 | $839 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,974 | $5,537 | $7,392 |
Total Monthly Payment | $5,938 | $6,501 | $8,356 |
* 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.