65 Park Avenue, Portsmouth, RI, 02871 | $900,000

Looking for a home boasting great multi-generational living or income producing capabilities? You've found it! This gorgeous 3bed/2bath log home on just over two acres is bursting with space & amenities in a beautiful water view setting with separate 2bed/1bath apartment & garage parking for 8 vehicles. The main home is a sprawling log cabin with picturesque covered front porch & attached 2-car garage. This attractive house presents a light-filled open-style layout with statement stone fireplace in the living room & stunning kitchen complete with custom cabinetry, imported Parisian 1920's center island & premium built-in stainless-steel appliances. Two spacious bedrooms are tucked down the hall along with a full bathroom with laundry. The stairs lead up to a loft sitting room & primary bedroom with walk-in closet & ensuite that pampers with jetted tub & separate shower. The apartment is attached to a 6-car garage with cheerful living room featuring French doors to a deck with water view, a bright white kitchen with skylight, full bath that acts as a partial ensuite to the main bedroom & stairs that step down to a hallway with closet storage & large bedroom. The sprawling lawns provide generous outdoor living with hilltop views over the Sakonnet River, only minutes to the beach. Great location close to restaurants, cafes & marina with easy highway access. This one-of-a-kind property offers endless possibilities to cultivate the lifestyle you've been searching!

Features

  • Rooms: 10
  • Bedrooms: 5
  • Baths: 3 full
  • Year Built: 1998
  • Garage: 8-car Attached,Built In,Detached,Garage
  • Heating: Baseboard,Oil,Zoned
  • Cooling: Ductless,Heat Pump
  • Basement: Exterior Entry,Full,Interior Entry,Unfinished
  • Approx Sq. Feet: 3,590
  • Acreage: 2.04
  • Est. Taxes: $13,200
  • View: Water
  • Appliances: Dishwasher,Oven,Oil Water Heater,Range,Refrigerator,Range Hood
  • MLS#: 1366053
  • Website: https://www.raveis.com
    /eprop/1366053/65parkavenue_portsmouth_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Coldwell Banker Realty   Phone: 401-351-2017

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

65 Park Avenue, Portsmouth, RI, 02871

$900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

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 $720,000 $720,000 $720,000
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 $1,100 $1,100 $1,100
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,865 $4,259 $5,931
Total Monthly Payment $5,057 $5,451 $7,123

* 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.