Experience luxury living in this magnificent home of 3, 860sqft generous finished livable space. Situated in the exclusive Narragansett Bay Club, this residence offers a sophisticated lifestyle. Upon entering through a private fenced courtyard with a charming fire pit, you encounter an expansive open-concept living room with cathedral ceilings, a dining area, and a recently renovated chef's kitchen, ideal for hosting and entertaining. For outdoor enjoyment, a private screened-in porch beckons for dining and relaxation. The first floor is completed by a gracious primary bedroom with en suite bath plus an additional half bath. Beautiful hardwood floors and high end finishes throughout infusing warmth and elegance, with additional storage and two garage parking spots. Ascending to the second floor reveals three sun filled bedrooms, each with a bathroom plus an office space, a large private balcony and conveniently located laundry room. The lower level features a generous open recreation area with a wet bar, full bath and more storage. The NBC offers a gated resort-style community, including pools, exclusive beach access, tennis courts, paddle/pickleball courts with a waterfront fitness center. Nearby, the Equestrian Center boasts an indoor riding ring for horse enthusiasts. Membership to the NBC requires an initial fee of $15, 000, plus low HOA/reserve funds contributions. Showings are by appointment only. Enjoy the Summer at the pool, beach, tennis courts and more!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,595,000
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 | $1,276,000 | $1,276,000 | $1,276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.486% | 6.307% |
Monthly Tax Payment | $1,327 | $1,327 | $1,327 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,446 | $7,961 | $10,854 |
Total Monthly Payment | $8,898 | $9,413 | $12,306 |
* 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.