Beautiful "Like New" Home in the Arches that sits slightly elevated on a . 58 acre lot offering amazing views of Ninigret Pond &
the Atlantic. Recently upgraded & appointed thru out. Renovations include new sliders & kitchen window, fresh paint inside & out, new HW flrs, new stair treads. High-end lighting inside & out w/new security system (3 outdoor & 1 indoor cameras & water sensors). New double oven & microwave w/beautiful island & breakfast nook w/new Samsung TV. Remodeled laundry area w/newd stackable, new tile flrs, custom shelving & countertop. First floor full bath w/beautiful new glass shower doors, pebble tile shower floor, new mirror & tile flooring. The gas fireplace has new glass tiling w/new 55 inch Samsung picture frame TV above. Radiator covers brand new thru out the 1st & 2nd floors. New window treatments. First floor has a mini-split unit & 4 new AC units on the 2nd flr. Foyer has a beautiful new Shiplap entry wall. Beautiful new high-end furnishings included. Outdoor living is amazing w/tri-level decking & another rear deck, outside shower, Gazebo & firepit. Primary BR has a spacious walk-in closet & full bath w/ double sinks, spacious glass door shower. Bright sunny den/FR w/stunning views on 2nd flr. The lower level is a great multi-use space. Arches Association offers access to Ninigret Pond just a minute walk. Arches has a marina, kayak racks & boat ramp. Just a short walk or Bike to Charlestown Town Beach, State Beach or Shelter Cove Marina.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,699,000
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 | $1,359,200 | $1,359,200 | $1,359,200 |
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 | $453 | $453 | $453 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,296 | $8,040 | $11,196 |
Total Monthly Payment | $7,874 | $8,618 | $11,774 |
* 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.