Welcome to a breathtaking private compound in Arnolda Colony on Ninigret Pond known as Alligator Point . This traditional modern home was designed by Boston's Noury-Ello Architects and impeccably built to capture privacy and sophistication with a seaside charm. The home is situated on an almost three-acre peninsula surrounded by views of Ninigret Pond each telling a story depending on the time of day. The layout is simple, but sleek and with a warm sense of coastal cozy. The original 1938 design was adopted in the new construction, creating singular views in every room of the home. The kitchen is full of modern conveniences you would expect, high-end stainless appliances, custom cabinetry, pantry and adjacent service quarters. The dining room, kitchen and study all surround the living room and its central wood burning fireplace making it truly the heart of the home. The first-floor master along with a guest room boast oversized en-suite baths and share equally stunning views of the landscape and water. There are two additional bedrooms on the second floor, each with an ensuite bath, along with an exercise/yoga studio overlooking the pool. The cozy screened porch with amazing panoramic views abuts the stunning spa like retreat around the pool. A guest house tucked away in the expansive perennial gardens serves as a bunk room or a peaceful study. This magical oasis surrounded by water views, private dock, tranquil sunsets all with the utmost privacy should not be overlooked
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,750,000
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 | $6,200,000 | $6,200,000 | $6,200,000 |
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 | $1,352 | $1,352 | $1,352 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $35,203 | $38,174 | $51,485 |
Total Monthly Payment | $36,680 | $39,651 | $52,962 |
* 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.