Welcome to Poppasquash Point, the essence of coastal living, where luxury, lifestyle, and location converge on the waterfront of Narragansett Bay. This contemporary shingle-style home has an expansive lawn that gently slopes down to a private 150-foot dock, deep water mooring, and beachfront. Perfectly situated in a westerly-facing position with panoramic views that stretch across the bay, you will enjoy breathtaking sunsets and the tranquil sight of yachts gliding by. Located minutes from historic downtown Bristol's vibrant restaurant and shopping scene, and just twelve nautical miles from the city of Newport, this location is as convenient as it is serene. Featuring 5 bedrooms and 5 bathrooms, complimented by vaulted ceilings and hardwood floors that enhance its overall elegance. A first-floor primary suite offers a sitting room and two full bathrooms for a truly secluded retreat. Granite kitchen countertops and an island cooktop seamlessly blend style with functionality and spills into an open floor plan tailored for entertaining. Sunlit dining area, family, and great rooms create spacious gathering areas with captivating bay views. The formal living room and dining rooms are intimate and graceful. Bonus guest suite with private kitchenette and bath. This isn't just a home it's a chance to create a lasting legacy. With its unbeatable location, and timeless appeal, this waterfront retreat offers a lifestyle that's truly one-of-a-kind. Your journey to luxury begins here.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$5,499,000
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 | $4,399,200 | $4,399,200 | $4,399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $2,723 | $2,723 | $2,723 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $24,978 | $27,087 | $36,531 |
Total Monthly Payment | $27,826 | $29,935 | $39,379 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.