Welcome home to the peace of Cedar Tree Point in Warwick where expansive vistas of Greenwich Bay abound. This home is a unique paradise, over which the sun truly rises and sets. A wall of windows faces the bay providing an ambiance that maximizes the views of the sparkling water while allowing natural light to reflect and cascade throughout. Relax on one of three decks as you watch boaters sail by or enjoy fireworks from every angle across the bay from the third floor observation deck. When seasons change, unwind in front of the stunning fireplace on a Fall evening. With its visual appeal through dramatic rooflines accented by a variety of window shapes it hosts three bedrooms, a home office, and a first floor suite with it's own door to the wrap around deck, perfect for visiting guests or family. The primary bedroom with on-suite boasts it's own private deck overlooking the spacious front yard where the quiet of the evening can be peacefully enjoyed. With a bonus room serving as either an additional bedroom or second office space, there is no shortage of potential here. Deeded mooring as well. This home has so much personality it is both a cozy retreat and an entertainers dream, making it a true must-see property!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,875,000
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 | $1,500,000 | $1,500,000 | $1,500,000 |
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 | $1,346 | $1,346 | $1,346 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,052 | $8,873 | $12,356 |
Total Monthly Payment | $9,523 | $10,344 | $13,827 |
* 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.