Welcome to your stunning, stress-free coastal dream home! This rare three-bedroom, three-bath, one-level residence is an entertainer's dream come true and a rare find on breathtaking Indian Lake; offering lake views with unforgettable sunsets, a dock for fishing, parking your pontoon boat, and enjoying privacy. For outdoor enthusiasts, the property includes a dedicated pickleball court, an IPE dock, a hot tub, an outdoor shower, deck, patio, and a custom firepit. As you step inside, you're greeted by cathedral ceilings sourced from wood from the property and a custom gas fireplace. A gourmet kitchen that offers a stunning stove and stylish coffee bar, an oversized pantry, and ample entertaining space perfect for hosting gatherings. The home has two sitting rooms for the added comfort and relaxation of your guests. The primary bedroom has two generous walk-in closets and a luxurious bathroom. Two dedicated offices provide a quiet and productive environment for those who work from home, and a dedicated workshop allows you to pursue your hobbies. Enjoy all that southern RI living has to offer in this convenient, stress-free location with easy beach access, in this warm and welcoming retreat.
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:
$2,200,000
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 | $1,760,000 | $1,760,000 | $1,760,000 |
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 | $819 | $819 | $819 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,993 | $10,980 | $14,733 |
Total Monthly Payment | $10,937 | $11,924 | $15,677 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.