WATERFRONT MISQUAMICUT BEACH. SELLER WILL OFFER OWNER FINANCING 4. 5! NEW NEW NEW This picture perfect cottage was TOTALLY renovated to perfection NEW SIDING. . . NEW FOUR BEDROOM SEPTIC, NEW PATIO, NEW KITCHEN, NEW TWO FULL GORGEOUS BATHS, NEW EVERYTHING. you will find a custom kitchen with handcrafted cabinetry custom handmade bunk beds and so much more. Three bedrooms (with a brand new four bedroom septic system) plus an amazing three season spectacular porch fantastic bluestone patio and best of all. . . grab your jet skis kayaks . . paddle boards . out your door to Winnapaug Salt Water Pond which breaches into the ATLANTIC OCEAN and . . . do a little clamming or fishing and have a blast yet just moments to one of the most beautiful beaches in RI Misquamicut Beach! . The adage that beautiful things come in small packages is exemplified here. Sheer beauty custom built by one of Westerly's premiere builders, Enjoy all the fun that Misquamicut has to offer movies on the beach car shows. . . festivals and so much more.
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:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,595,000
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 | $1,276,000 | $1,276,000 | $1,276,000 |
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 | $700 | $700 | $700 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,245 | $7,857 | $10,596 |
Total Monthly Payment | $8,070 | $8,682 | $11,421 |
* 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.