Nestled on the serene shores of Johnson Pond, 1605 Hill Farm Road, offers a rare combination of natural beauty and distinctive architecture. Set on 3. 2 acres, this 4, 000 + sq. ft. contemporary home, built in the 1980s, is a true retreat. Boasting 4 bedrooms, 2 full baths, and 2 half baths, the property provides ample space for both relaxation and entertaining. The home's grand entry foyer welcomes you with soaring ceilings and an abundance of natural light. At its heart lies a stunning 18-foot-high octagonal fireplace, a striking centerpiece that adds warmth and character to the open living space. The unique design continues outdoors, where a large deck overlooks the picturesque pond, pool and woods. Whether you're enjoying the in-ground pool on a summer's day or simply taking in the peaceful waterfront views, this property invites you to embrace a lifestyle of tranquility. With its blend of modern design, natural surroundings, and unique architectural features, 1605 Hill Farm Road presents an exceptional opportunity to own a truly one-of-a-kind home on one of Rhode Island's most desirable waterfront locations.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,332 | $1,332 | $1,332 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,315 | $4,741 | $6,362 |
Total Monthly Payment | $5,739 | $6,165 | $7,786 |
* 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.