Escape to a serene and private log home retreat situated on 11 picturesque acres in East Greenwich. The rear and side of the property are bordered by US land, while the other side adjoins a tranquil equestrian farm, ensuring ultimate privacy. The 11 acres are enrolled in the farm forest and open space program, providing a significant reduction in taxes. This three bedroom, two bath log home boasts one bedroom on the main level. The heart of the home features two spacious living areas centered by a stunning double-sided stone fireplace with a wood stove insert. Custom designed oversized windows shed abundant natural light on the warm wood walls. Hardwood floors flow throughout the main living areas. A spacious L-shaped screened porch is perfect for outdoor entertaining and taking in the breathtaking views. A first-floor office with french doors and built-in bookcases provides a quiet workspace. The home features central air for year-round comfort and a full unfinished basement. Horse lovers will appreciate the adjacent equestrian farm and the potential for stabling horses on the property. An attached two car garage and detached barn offer ample storage for cars, equipment, and toys. Step outside to magnificent gardens, stunning fall foliage, and a peaceful setting that is both private yet centrally located.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $941 | $941 | $941 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,027 | $4,370 | $5,924 |
Total Monthly Payment | $5,060 | $5,403 | $6,957 |
* 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.