41 FOX Drive, Narragansett, RI, 02882 | $789,000

Nestled in a country-like setting adjacent to Narragansett Bay you will experience a serene lifestyle at 41 Fox Drive, one of the 42 units of Clarke Farm with its charming stone walls, mature trees and white farm fences that are reminiscent of a small New England village. Coastal charm continues with the "shingle style" design, brick patios and extra windows to bring in natural light. It is also found throughout this lovingly renovated 2 level that offers the added touch of modern elegance and design with a new open layout, hardwoods throughout, a new kitchen with more cabinets and storage than found in most homes, gorgeous quartz counters, high end light fixtures and a built-in china closet. The seaside feeling continues with ship-lap over the gas fireplace and in bathrooms. Both ensuite bedrooms are located on the second floor, the primary bedroom includes a walk-in closet. In Summer or winter it is easy to enjoy this coastal life with the added convenience of a walking path in complex that is an easy route to the quiet and peaceful north end of Scarborough State Beach. You can move right into this lovely home . . . just relax and enjoy and expect lots of friends and family to visit!!

Features

  • Parking: 3-car
  • Heating: Forced Air,Gas
  • Cooling: Central Air
  • Amenities: Garden AreaGolf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: In Unit
  • Complex: BLACK POINT / SCARBOROUGH
  • Year Built: 1999
  • Common Charge: $634 Monthly
  • Approx Sq. Feet: 1,650
  • Acreage: 16
  • Est. Taxes: $5,557
  • Lot Desc: Cul-De-Sac
  • Pets Allowed: Yes
  • Appliances: Dryer,Dishwasher,Disposal,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Range Hood,Water Heater,Washer
  • MLS#: 1378752
  • Website: https://www.raveis.com
    /prop/1378752/41foxdrive_narragansett_ri?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

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Julie DateoSales Associate

617.938.2220

Julie.Dateo@raveis.com

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Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1020051

508.740.5922

Frank.Merola@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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41 FOX Drive, Narragansett, RI, 02882

$789,000

Julie Dateo

Sales Associate

William Raveis Real Estate

Phone: 617.938.2220

Julie.Dateo@raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $631,200 $631,200 $631,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.063% 6.132%
Monthly Tax Payment $463 $463 $463
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,990 $4,147 $5,284
Total Monthly Payment $4,545 $4,702 $5,839

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.