Your quintessential beach getaway. The waterfront property offering breathtaking 360-degree views of East Beach, Block Island Sound, and Ninigret Pond comes fully furnished. The waterfront property on Niniget Pond features a private walkway to the Pond with its own mooring. Just a few steps across the street to 3. 5 miles of pristine sandy barrier East beach. Crystal clear blue waters of the Atlantic Ocean. The open layout is ideal for entertaining inside & outside, the beautifully furnished second-floor living room is perfect spot to enjoy the expansive ocean views. A Bose sound system with four zones enhances the ambiance throughout the home. Significant updates have been made including expansions to the dining room, den, office, exterior bathroom, and additional deck space, now totaling over 1, 000 square feet. The roof deck offers panoramic views of the ocean, pond. An additional full outside bathroom on the first level deck for showering off. Perfect after a long day at the beach before you head inside the house. A 2, 500-gallon cistern for water supply, and a denitrification septic system. A one-car garage and ample parking for about 8 more cars.
For those seeking the pinnacle of coastal living a perfect blend of luxury & relaxed beach living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,999,000
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 | $2,399,200 | $2,399,200 | $2,399,200 |
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 | $735 | $735 | $735 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,879 | $14,192 | $19,763 |
Total Monthly Payment | $13,739 | $15,052 | $20,623 |
* 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.