17 Ferolbink Way, Little Compton, RI, 02837 | $6,500,000

Welcome to 17 Ferolbink Way! Amazing water views from virtually every room and sunsets that will make you think you are on vacation is your first impression as you enter this home. Come and see for yourself! Custom built by the premier builder Dennis Talbot, the home boasts a large living room with fireplace, formal dining room, kitchen with cozy eating area enhanced by a gas fireplace, sunroom, den and master bedroom with ensuite bath on the first floor. Three more bedrooms and bath on the second floor. The gleaming hardwood floors, built in cabinetry, cedar lined closets in every room speak to the quality and design of the home. The large patio on the first level or the balcony on the second floor are the perfect spots to enjoy morning sunrise or incomparable sunsets. A true paradise. If you are looking for that special place look no further. Additional buildable lot potential. Available by appointment only. Please do not go on the property without the listing agent. GPS address is 169 West Main Rd. Note - This is an estate sale. Buyers to pay LCACT.

Features

  • Amenities: Golf,Marina,Near Schools,Recreation Area,Shopping
  • Rooms: 7
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Style: Cape Cod
  • Year Built: 1998
  • Garage: 2-car Attached,Garage,Garage Door Opener
  • Heating: Baseboard,Gas,Hot Water,Oil,Zoned
  • Cooling: Central Air
  • Basement: Exterior Entry,Full,Interior Entry,Unfinished
  • Approx Sq. Feet: 3,574
  • Acreage: 4.88
  • Est. Taxes: $12,023
  • Lot Desc: Waterfront
  • View: Saltwater,Water
  • Appliances: Dryer,Dishwasher,Microwave,Oven,Oil Water Heater,Range,Refrigerator,Washer,Humidifier
  • MLS#: 1355312
  • Website: https://www.raveis.com
    /mls/1355312/17ferolbinkway_littlecompton_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.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Sharon BergmanSales Associate

401.862.3272

Sharon.Bergman@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

17 Ferolbink Way, Little Compton, RI, 02837

$6,500,000

Sharon Bergman

Sales Associate

William Raveis Real Estate

Phone: 401.862.3272

Sharon.Bergman@raveis.com

Whitney Rugg

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 $5,200,000 $5,200,000 $5,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.270% 5.864%
Monthly Tax Payment $1,002 $1,002 $1,002
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $29,119 $31,596 $42,834
Total Monthly Payment $30,246 $32,723 $43,961

* 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.