76 Melbourne Road, Warwick, RI, 02886 | $1,999,999

Welcome home to the peace of Cedar Tree Point in Warwick where expansive vistas of Greenwich Bay abound. This home is a unique paradise, over which the sun truly rises and sets. A wall of windows faces the bay providing an ambiance that maximizes the views of the sparkling water while allowing natural light to reflect and cascade throughout. Relax on one of three decks as you watch boaters sail by or enjoy fireworks from every angle across the bay from the third floor observation deck. When seasons change, unwind in front of the stunning fireplace on a Fall evening. With its visual appeal through dramatic rooflines accented by a variety of window shapes it hosts three bedrooms, a home office, and a first floor suite with it's own door to the wrap around deck, perfect for visiting guests or family. The primary bedroom with on-suite boasts it's own private deck overlooking the spacious front yard where the quiet of the evening can be peacefully enjoyed. With a bonus room serving as either an additional bedroom or second office space, there is no shortage of potential here. Deeded mooring as well. This home has so much personality it is both a cozy retreat and an entertainers dream, making it a true must-see property!

Features

  • Amenities: Highway Access,Marina,Near Hospital,Near Schools,Other,Public Transportation,Recreation Area,Restaurant,Shopping,See Remarks,Tennis Court(s),Sidewalks
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Style: Contemporary
  • Year Built: 1995
  • Garage: No Garage
  • Heating: Baseboard,Gas
  • Cooling: Central Air
  • Basement: Full,Interior Entry,Partially Finished
  • Approx Sq. Feet: 3,559
  • Acreage: 0.37
  • Est. Taxes: $15,618
  • Lot Desc: Sprinkler System,Waterfront
  • View: Saltwater,Water
  • Appliances: Dishwasher,Disposal,Gas Water Heater,Microwave,Oven,Range,Refrigerator
  • MLS#: 1359184
  • Website: https://www.raveis.com
    /eprop/1359184/76melbourneroad_warwick_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by RI Real Estate Services   Phone: 401-885-5400

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.

Customer Service

888.699.8876

Contact@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
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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

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@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

76 Melbourne Road, Warwick, RI, 02886

$1,999,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@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 $1,599,999 $1,599,999 $1,599,999
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.500% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.335% 6.612% 6.433%
Monthly Tax Payment $1,302 $1,302 $1,302
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,465 $10,113 $13,719
Total Monthly Payment $10,892 $11,540 $15,146

* 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.