This extraordinary waterfront home ensconced in beauty in Avondale is being offered for sale for the first time in many years. You will be enamored with this impressive home which was originally built in 1789 and artfully restored to perfection. Floor to ceiling glass allows for gorgeous natural light to flow throughout while featuring astounding water views. Adding to the perfection is a deep-water dock. Located on Avondale Road, this home encompasses the true seaside coastal experience with 3 marinas to enjoy the endless beauty of magnificent yachts and boats sailing by on the Pawcatuck River to the Atlantic Ocean. Grab your boat off your own dock and off you go to dinner in Watch Hill or to Block Island Fisher Island or Montauk and beyond. The home provides three levels of well-appointed space for family and guests with five bedrooms and four- and one-half baths, plus an office and breathtaking craftsmanship throughout. The second level has an open concept with a fabulous kitchen and French doors leading to a deck (with an awning) to enjoy barbecues while watching the boats sail by. The entire third floor is the primary suite- what a way to wake up gazing at the water and enjoy coffee on your deck. Solar energy efficiency only adds to the many amenities this gorgeous home has to offer. The gardens and flowers are exquisitely picture perfect. This is truly an extraordinary coastal retreat yet designed to be enjoyed all year round!
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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 | $6,000,000 | $6,000,000 | $6,000,000 |
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 | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $2,817 | $2,817 | $2,817 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,598 | $36,457 | $49,424 |
Total Monthly Payment | $36,540 | $39,399 | $52,366 |
* 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.