SPECTACULAR OPPORTUNITY TO PURCHASE A PRISTINE CUSTOM BUILT CONTEMPORARY IN THE COVETED ARNOLDA ASSOCIATION!! You will immediately sense the serenity, beauty and privacy that the expansive 1. 57 acre lot offers. A brick walkway directs you to the 3/4 bedroom, 2. 5 bathroom with three levels of coastal versatile living. The main floor invites a sun-soaked open concept effortless flow for gatherings between the dining, living and updated kitchen; wide plank pine flooring, classic white bead board cabinets, and granite counter top. Primary ensuite with cathedral ceiling, and remodeled stylish bathrooms. Updated Andersen windows and slider doors illuminate the natural light throughout the home. The top floor boasts a fabulous open living space, suggesting possible sleeping quarters, home office, and/or recreation room for relaxation with a view. The first floor completes the home with the two additional bedrooms, full bathroom, family room with 2-walk outs. The home is enwrapped with expansive care free Trek decking to barbecue, enjoy the Summer air. New roof(2019), exterior painting, central A/C, outdoor shower. Arnolda association 5 docks, total 16-slips. Take a stroll throughout the tree lined neighborhood, play tennis/pickle ball, and hop on your boat to the association beach while soaking in the beauty of Ninigret Pond! Easy access to route 1 for South County coastal beaches, famed restaurants, and wildlife refuges to name a few! NO FLOOD INSURANCE; POSSIBLE IN LAW.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,695,000
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 | $1,356,000 | $1,356,000 | $1,356,000 |
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 | $544 | $544 | $544 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,279 | $8,021 | $11,170 |
Total Monthly Payment | $7,948 | $8,690 | $11,839 |
* 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.