Experience the ultimate in modern luxury w/ this stunning waterfront property. Nestled on 3. 73 acres along the scenic Sakonnet River, this home seamlessly blends sophisticated design w/ serene privacy. The expansive main level is perfect for both daily living & entertaining. The state-of-the-art kitchen features a Neolith porcelain-tiled island, custom cabinetry, & top-of-the-line appliances. The dining area, complete w/ a Spartherm fireplace, overlooks an impressive 32'x10' glass wall that brings the outdoors in, creating an inviting space for gatherings. The main level also features a luxurious primary suite, two additional guest bedrooms w/ a shared bathroom, & a laundry room. The second floor offers a flexible living space w/ a deck offering unbeatable 180-degree water views. The property includes an apartment w/ a kitchenette & laundry facility, ideal for guests or extended family. Outdoor living is equally impressive w/ a 12'x52' heated pool, a "toy" locker under the pool deck, & a pool cabana featuring a studio and bath. Equipped w/ two electric car chargers, this home is designed for eco-friendly living. Boating enthusiasts will appreciate the two deep water moorings & a 200' jetty. Additionally, a 22kW solar array ensures energy efficiency & sustainability, making this property as practical as it is beautiful. This residence is a haven for those seeking tranquility & luxury in a modern home; the unique private setting & idyllic landscape make it a perfect retreat!
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,995,000
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 | $6,396,000 | $6,396,000 | $6,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $2,339 | $2,339 | $2,339 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $34,335 | $37,835 | $52,686 |
Total Monthly Payment | $36,799 | $40,299 | $55,150 |
* 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.