Welcome to 6 Fox Run, a rare opportunity to own one of the last building lots in Avondale, Westerly, RI. This exceptional property spans 2. 28 acres and boasts a total lot sizes of 99317 square feet ( 2 lots), providing ample space for your dream home and more. Nestled in a serene setting, this lot overlooks its own private pond, offering a tranquil retreat with picturesque water views.
With ISDS & CRMC approvals for a six-bedroom house and pool, the possibilities are endless for creating your own private oasis. Embrace the luxury of designing a custom residence tailored to your unique vision, complemented by the allure of a natural pond surrounded by untouched nature at it's best!
Beyond the allure of the private outdoor space and freshwater pond views, this property offers a prime location in the coveted Avondale neighborhood. Enjoy the peace and privacy of a secluded setting, all while being conveniently situated near a variety of local amenities.
This property presents an exceptional opportunity to build the home of your dreams in a sought-after location. With no flood insurance needed, seize the chance to create a bespoke retreat that harmonizes with the natural beauty of its surroundings.
Don't miss the chance to make your mark on this exceptional property. Embrace the potential and create the lifestyle you've always envisioned at 6 Fox Run. PROPERTY IS TO BE SOLD WITH PLAT 150, LOT 1, 139 WATCH HILL RD. INCLUDED IN SALE
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
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 | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,132 | $6,650 | $8,968 |
Total Monthly Payment | $6,257 | $6,775 | $9,093 |
* 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.