Discover Your Dream Coastal Retreat! Nestled in the laid-back atmosphere of Misquamicut on the Weekapaug side, this home fronts an offshoot of Weekapaug Breachway, providing a calm, protected waterway that seamlessly connects to the pond and ocean. Walk out your back door to the blue lagoon. Drop in your paddle boards, kayaks, or hop in your boat to enjoy a pristine sand bar or the crystal clear blue waters of the breachway and ocean. Welcome to this stunning gem perfectly situated on the serene shores of Weekapaug Pond. This exceptional home offers a rare blend of comfort and tranquility, boasting: Four Spacious Bedrooms: Plenty of room for family and guests. Owned share of the Ocean side Beach Access: Enjoy the sandy shores and refreshing waves just moments from your door. Charming Outbuilding: Ideal for a studio, workshop, additional storage, or extra space to hang out! Outdoor Shower: Rinse off after a day at the beach in this convenient and refreshing feature. Modern Comforts: Updated with mini-split A/C and heating, replacement windows, updated plumbing, and a lovely farmers porch for relaxing or entertaining. All you need to bring are your beach blankets, paddle boards, kayaks, and clam rakes this home is move-in ready and awaits your enjoyment! Embrace the ultimate in coastal living and make this idyllic property your own. Schedule a viewing today and start imagining your new lifestyle by the water!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,900,000
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 | $1,520,000 | $1,520,000 | $1,520,000 |
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 | $431 | $431 | $431 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,160 | $8,991 | $12,521 |
Total Monthly Payment | $8,716 | $9,547 | $13,077 |
* 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.