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Built in 2021 by Paul R. Doherty with design by architect Scott Weymouth, this shingled beach colonial will impress with it's high quality and high end finishes. The inviting covered mahogany front porch welcomes you in while the bright, modern and stylish interior keeps you there. Lovely hard wood floors and high, coffered ceilings provide the bookends to the beautiful interior in-between. Enter into the open living, dining and kitchen suite with oversized Pella windows, large center island with quartz countertops and Bosch appliances. Off the living area is a flexible space perfect as a first floor bedroom, office or studio. Through the sunny chef's kitchen find a private powder and mud room with easy access to the charming backyard and gardens. The second floor houses the generous master suite with walk-in closet and large full double bath as well as two additional spacious bedrooms and second full bath. Pull-down stairs and wood flooring make utilizing the climate controlled attic space easy. For additional living or storage space enter the full, 1064 sf. ready-to-finish basement with laundry area, plumbing for future full bath and generator hook-up. The outdoor space completes the package for living the beach lifestyle with a new cedar storage shed, new Sundance hot tub, composite trim and large stone patio. Venture down the street to Barrington Beach, Nayatt school, RI Country Club or the town center to experience all that the quaint town of Barrington has to offer.
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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 | $860,000 | $860,000 | $860,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
Monthly Tax Payment | $1,085 | $1,085 | $1,085 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,883 | $5,507 | $7,257 |
Total Monthly Payment | $6,093 | $6,717 | $8,467 |
* 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.