Presented byThomas Welles |
Welcome to this charming and quaint farmhouse, nestled on nearly 6 bucolic acres in Little Compton, Rhode Island. This 3-bedroom, 2-full-bath, 1-half-bath home seamlessly blends old-world charm with modern updates. The detached barn features a workshop and potting shed on one side, while the other side boasts a home gym and guest quarters with a full bath and kitchenette. Embrace peace and tranquility just 2 miles from Adamsville center, with walking and hiking trails, as well as beaches, nearby. Additional features include an outdoor shower, a gorgeous kitchen, and plenty of land for a hobby farm.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
Sales Associate
William Raveis Real Estate
Phone: 860.501.5351
Thomas.Welles@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.585.3916
Bobby.Kazarian@raveis.com
NMLS Mortgage Loan Originator ID 1875225
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
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 | $305 | $305 | $305 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,996 | $6,486 | $8,711 |
Total Monthly Payment | $6,426 | $6,916 | $9,141 |
* 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.