Once in a lifetime opportunity in Snug Harbor. Being Sold as a Package, this rare offering of 3 stand-alone cottages set on 2 lots totaling 20, 935 sf abutting Gooseberry Marina awaits its next loving steward. Opportunity abounds to transform this prime location into a family compound, a lucrative addition to your investment portfolio, or primary residence with ample overflow for guests/tenants- the choice is yours. This trio consists of 402 Gooseberry a 3-bedroom, 2 full bath 1500 sf home with water views of Point Judith Pond and the Salt Marsh. 404A is a 740 sf 2 -3-bedroom 1 bath and 404B is 500sf 1 bedroom 1 bath studio with vaulted ceilings and niche bunk space. Brand new 4 bedroom septic system to service 404A & 404B. Ready to enjoy the Summer? All 3 cottages have been meticulously maintained and renovated- move in ready! A unique opportunity, Snug Harbor is ideal for year-round and summer residents alike. Unparalleled convenience for boating enthusiasts, 402-404 Gooseberry is within walking distance of multiple marinas and Brosseau Park for recreational fun- basketball court, soccer field, and pickleball/tennis courts. Just a short drive to East Matunuck State Beach, and of course the famed Matunuck Oyster Bar. Enjoy a front row seat of the legendary Snug Harbor parade. Classic!! Call today for your private showing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,000
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 | $1,599,200 | $1,599,200 | $1,599,200 |
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 | 6.987% | 6.234% | 5.805% |
Monthly Tax Payment | $832 | $832 | $832 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,955 | $9,717 | $13,173 |
Total Monthly Payment | $9,912 | $10,674 | $14,130 |
* 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.