An exquisite new construction shingle-style estate, perfectly sited to offer breathtaking views of the water. Located in the prestigious Aquidneck Club golf and equestrian community, this stunning residence seamlessly blends classic New England architectural elegance with modern luxury. The charming exterior, adorned with timeless white shingles, welcomes you into a world of refined coastal living. The thoughtfully designed open floor plan allows for an abundance of natural light to flow through large windows, highlighting the spacious and airy interiors. The lower level offers endless entertainment; a billiards room with custom bar, a 380-bottle temperature controlled glass wine display and a 10-seat home theater with a 100" screen. Step outside to discover your private oasis: a 20x40 saltwater pool, ideal for relaxing swims and hosting unforgettable gatherings. The expansive patio features a cozy seating area with outdoor fireplace, and a built-in grill for alfresco dining. Every detail of this home from the integrated Lutron lighting system to the 10' European white oak floors has been meticulously crafted to provide the utmost in comfort and sophistication. Lush landscaping and a gated entrance offer privacy and security. The pi ce de r sistance, a private boat slip capable of accommodating a vessel up to 40' in length. This house is a haven for those who cherish both resort living and the freedom to explore the open water from their doorstep.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,995,000
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 | $4,796,000 | $4,796,000 | $4,796,000 |
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 | $1,027 | $1,027 | $1,027 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,231 | $29,921 | $40,148 |
Total Monthly Payment | $28,383 | $31,073 | $41,300 |
* 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.