35 Tupelo Trail, Narragansett, RI, 02882 | $1,295,000

Gorgeous 4 bedroom, 3. 5 bathroom Colonial on half an acre abutting Chafee conservation. Perfect for large gatherings and next gen living in the Mettatuxet neighborhood of Narragansett. Custom honey stained white oak flooring throughout offers unparalleled elegance and modern amenities, featuring a state-of-the-art chef's kitchen including double sinks, 6 burner gas range, 9' white quartz island with waterfall edge, and a butler's pantry. The spacious 22' dining room with a 14' dining table that seats 16 is perfect for hosting as it seamlessly connects to the open concept great room with lofted ceilings. A laundry room with double sets of washers/dryers. Step out back into the professionally designed yard - a private oasis on hot summer days with Polywood outdoor dining accommodating 20. Upon your return from the sand and surf, refresh in the outdoor shower while the kids visit the playground and basketball court at the end of the street. Close to the Narrow River where you may paddleboard, kayak, and boat, Narragansett Town Beach, and nearby shopping, dining, and other amenities. Natural Gas heat, 3 zone Central Air FWA, Tankless on Demand Hot Water. Phenomenal rental history, grossing $100, 000+ annually.

Features

  • Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Style: Colonial
  • Year Built: 1950
  • Garage: No Garage
  • Heating: Gas,Hot Water
  • Cooling: Central Air
  • Basement: Exterior Entry,Full,Interior Entry,Unfinished
  • Approx Sq. Feet: 3,764
  • Acreage: 0.53
  • Est. Taxes: $5,036
  • Appliances: Tankless Water Heater
  • MLS#: 1361478
  • Website: https://www.raveis.com
    /prop/1361478/35tupelotrail_narragansett_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 Select Realty Services Corp   Phone: 401-783-1155

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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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

35 Tupelo Trail, Narragansett, RI, 02882

$1,295,000

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 $1,036,000 $1,036,000 $1,036,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $420 $420 $420
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,882 $6,463 $8,673
Total Monthly Payment $6,427 $7,008 $9,218

* 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.