16 Yosemite Valley Road, Westerly, RI, 02891 | $3,928,360

AUCTION REO OCCUPIED. The seller does not represent or guarantee occupancy status. NO VIEWINGS of this property. Please DO NOT DISTURB the occupant. "As is" cash only sale with no contingencies or inspections. Buyer will be responsible for obtaining possession of the property upon closing. This spacious estate home - Clarmar - offers a total of 20 rooms with 9 beds, 8 full baths, 2 half baths, 10 fireplaces, and a large kitchen. The formal dining room and 2000 sq ft glass verandah, and porch are perfect for entertaining. The home offers a library, 2 multi level wings for your guest and house staff. Enjoy outdoor activities on the spacious lot, porch or the expansive deck. Home is equipped with an elevator, and offers ample parking space. Some updates would be needed. Property is sold as-is with no property disclosure or inspection reports- NO interior photos and No information on occupants. NO ACCESS. NOTE- Easement is assumed to exist.

Features

  • Rooms: 20
  • Bedrooms: 9
  • Baths: 8 full / 2 half
  • Year Built: 1937
  • Garage: 2-car Attached,Garage
  • Heating: Oil,Other,Steam
  • Cooling: None
  • Basement: Exterior Entry,Full,Finished,Interior Entry
  • Approx Sq. Feet: 10,136
  • Acreage: 3.42
  • Est. Taxes: $63,801
  • Appliances: Oil Water Heater
  • MLS#: 1369330
  • Website: https://www.raveis.com
    /eprop/1369330/16yosemitevalleyroad_westerly_ri?source=qrflyer
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Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Realhome Services & Solutions   Phone: 770-937-5747

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

16 Yosemite Valley Road, Westerly, RI, 02891

$3,928,360

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

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 $3,142,688 $3,142,688 $3,142,688
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.003% 6.234% 5.805%
Monthly Tax Payment $5,317 $5,317 $5,317
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,354 $19,095 $25,887
Total Monthly Payment $22,796 $24,537 $31,329

* 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.