PRIVATE RETREAT: For those seeking sprawling meadows, ocean views, and coveted seclusion, this historic property is a must-see. 17 acres of island landscape greet you with three charming homes, a four-car garage, and an outbuilding. Each home pairs historic charm with modern functionality. The largest home, affectionately called The Parsonage , sits on one of the highest points of Block Island with views of the Beacon Tower from the top floor- a rarity! With bedrooms abound, a full dining room, and an in-law suite, this home makes an excellent summer retreat for large families. The Middle House charms with a full screened-in porch hanging over a canopy of Block Island brush and trees, with an adjacent rolling lawn, perfect for children and family games. Historic details impress throughout the home. The smallest house, The Cottage , boasts one floor of sunlit airy living, with significant attic space that is bright and dry. The star of this listing is the land, which affords the buyer an opportunity to own a significant piece of Block Island's west side. Akin to having your own nature reserve, the rustling of trees and the chirping of birds fill the air as sunlight pours from all angles. For those wanting a truly special place to make memories, you've come home. Stonewalls, green pastures, and well-loved homes await you.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,796,000 | $4,796,000 | $4,796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $665 | $665 | $665 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $28,754 | $31,107 | $41,778 |
Total Monthly Payment | $29,544 | $31,897 | $42,568 |
* 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.