Welcome to your coastal dream retreat situated in a highly sought after neighborhood within walking distance to the beach. This one-of-a-kind property Circa 1820 seamlessly blends classic charm with modern luxuries, thanks to the extensive renovations that have updated every inch of this residence while preserving its unique character. The main house boasts 4 bedrooms and 3 full baths including a beautiful master suite with access to the spectacular SILO with roof top deck, a sun-filled gourmet kitchen, spacious formal dining and living rooms perfect for entertaining, a tranquil four-season room, home office/library with built-ins, beautiful hardwoods throughout and 3 working wood burning fireplaces. The expansive lot offers privacy and plenty of space for outdoor activities, entertaining and relaxation. The property also features an outdoor shower and covered patio perfect for Alfresco dining and a massive outbuilding with electricity, perfect for a workshop, studio or gym. In addition to the main residence, the property features a spectacular fully equipped 1 bed, 1 bath 1000 square foot legal second residence, with its prime location near the coast, this guest house offers the potential for significant rental income or the perfect property for those seeking a full in-law for multigenerational living. Don't miss out on this rare opportunity and make this extraordinary property yours today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,800,000
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 | $1,440,000 | $1,440,000 | $1,440,000 |
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 | $876 | $876 | $876 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,730 | $8,518 | $11,862 |
Total Monthly Payment | $8,731 | $9,519 | $12,863 |
* 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.