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A rare opportunity to own this custom-built executive-style ranch set on a stunning 2-acre lot, abutting 800+ acres of one of Rhode Island's largest protected wildlife areas. Nestled on a quiet country road yet moments from the highway, this home offers the perfect balance of privacy & convenience just a short drive to both the city & the beach. Designed for comfort & elegance, the bright & airy interior boasts soaring cathedral ceilings, a striking fireplace in the main living area, & large windows that flood the space with natural light. The open-concept kitchen & living areas are ideal for entertaining, featuring a large island, granite countertops, custom cabinetry, & stainless appliances. The spacious primary suite offers cathedral ceilings, while two additional bedrooms on the first floor are serviced by a full bath. A guest bath & first-floor laundry add to the home's convenience. A 420 sq. ft. bonus room above the garage provides flex space for a home office, gym, or guest suite. The partly finished full walkout basement offers even more possibilities. Thoughtful upgrades include a mahogany porch & deck, radiant heat garage floors, leaf filter gutters, a generator for essential appliances, & a recently serviced oil furnace with dual 250-gallon tanks. Additional features include a pellet stove, three air handler units one recently replaced & a well-maintained septic system recently inspected & pumped. Don't miss this exceptional home in a breathtaking natural setting!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $716,000 | $716,000 | $716,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.751% | 6.309% |
Monthly Tax Payment | $632 | $632 | $632 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,122 | $4,585 | $6,090 |
Total Monthly Payment | $4,846 | $5,309 | $6,814 |
* 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.