Discover modern tranquility on the shores of an idyllic New England pond. This custom renovation was masterfully executed to embrace the home's peaceful natural setting. The property was then completely reimagined, with two of the top floors removed entirely, the roof lines redesigned, & the main and upper floors rebuilt to achieve a flow of living space in harmony with its surroundings. This ambitious project was completed in 2019, resulting in the most elegant example of modern Scandinavian design here in rural Rhode Island. This five-bedroom, five-and-a-half-bath home offers 8, 300 square feet of carefully planned living space. The vast entry opens through a repurposed oversized sliding barn door into the expansive main living area. The dining, kitchen, and den areas all seamlessly unite to create the true heart of the home. Four south-facing decks and numerous oversized windows throughout the home virtually eliminate the separation between the living space and natural landscape. Swim or kayak from the private dock, slowly sip morning coffee on the main deck or enjoy late evenings by the fire pit. With a Finnleo sauna, hardwood floors, Bosch appliances, custom woodwork, and more details too abundant to list, this home offers myriad possible uses for a vacation escape, an investment property, or a year-round home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,350,000
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 | $1,880,000 | $1,880,000 | $1,880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $1,370 | $1,370 | $1,370 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,527 | $11,423 | $15,486 |
Total Monthly Payment | $12,022 | $12,918 | $16,981 |
* 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.