Welcome to this exceptional modern home located in the highly sought-after Winnisimet Farm neighborhood of Tiverton, RI. This residence seamlessly blends privacy with elegance, featuring a sunken living room that creates a sophisticated and inviting space perfect for entertaining. Step outside to discover a large rear deck that extends your living area, ideal for hosting gatherings or simply enjoying the tranquil surroundings and relaxing. The property is meticulously maintained with well-manicured grounds and historic stone walls, adding a timeless charm. Enjoy distant water views from the comfort of your home and take advantage of private beach access for kayaking and paddleboarding, along with mooring availability for your boat. Close to National Audobon Walking Trail for hiking, and conveniently located four miles from I -195 for easy highway access. The two-car garage provides ample storage, and you're just moments away from the historic Tiverton Four Corners and local beaches. This modern gem in Winnisimet Farm This property offers the perfect blend of modern convenience and natural beauty, making it a fantastic choice for those who value both style and functionality.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,145,000
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 | $916,000 | $916,000 | $916,000 |
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 | $1,097 | $1,097 | $1,097 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,917 | $5,418 | $7,545 |
Total Monthly Payment | $6,139 | $6,640 | $8,767 |
* 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.