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Home by The Sea Experience picturesque waterscapes, rises of moon and sun above the Sakonnet, and easy access to the waterfront. Completely remodeled in 2025, this comfortable ranch boasts serene water views and beautiful grounds with tennis court. Flooded with natural light interior features cathedral ceilings and ash hardwood floors throughout, a spacious entry room with sitting area and a gorgeous kitchen with quartz counter tops and Thor appliances. The kitchen and dining area open to the Great Room with stone fireplace and window bench, are facing tranquil vistas. The sliders from the kitchen and dining area lead to a large deck and a stone terrace to enjoy the picture-frame views of water and large yard with mature landscaping. This coastal home comprises a spacious principal suite with marble bathroom and two closets, two additional bedrooms with shared bathroom with double sink, main floor laundry, a guest bathroom, and finished lower level. New 3 bedroom septic system, AC, heated garage, ample parking and tennis court are additional highlights of this impressive seaside home. Located on the coastline of the Sakonnet, on a quiet street and a stone's- throw from the waterfront, this property is 60 miles to Boston, 22 miles to providence and 10 miles to Newport.
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$1,639,000
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 |
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Loan Amount | $1,311,200 | $1,311,200 | $1,311,200 |
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 | $765 | $765 | $765 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,548 | $8,396 | $11,153 |
Total Monthly Payment | $8,438 | $9,286 | $12,043 |
* 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.