Tranquil setting on Segar Cove and Potter Pond with dock and access to Great Salt Pond waterfront. A wonderful opportunity to own in this desirable neighborhood with strong surrounding values! When you turn onto this private road with beautiful stone walls and open meadows a feeling of total relaxation will consume you. This custom one level home has unlimited potential for expansion with a full walkup 2nd floor that could be dormered affording unapparelled water views and sunsets. The bluestone walkway leads to the front door with marble foyer. Large living room with fireplace and walls of windows take full advantage of the views. The kitchen with breakfast area is bathed in natural light. Enjoy the brick fireplace perfect for chilly nights. A generously sized primary bedroom and bath with walk-in closet, family room with built-ins, half bath and laundry room complete this floor. A finished walk-out lower level has 2 generously sized bedrooms with an adjoining bath. Hardwoods, sprinklers, generator, newer A/C and oversized garage. Meandering paths to the water and dock with endless changing scenery and wildlife. A unique opportunity to own direct waterfront property with a dock on 3 acres. No flood insurance. Association fee includes road plowing, trash removal and maintenance of common area. Close to East Matunuck Beach, Oyster Bar and Wakefield Center. Easy highway access. The perfect summer retreat or year-round residence. Don't miss this rare opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,500,000
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 | $2,800,000 | $2,800,000 | $2,800,000 |
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 | $2,273 | $2,273 | $2,273 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,898 | $17,468 | $23,439 |
Total Monthly Payment | $18,296 | $19,866 | $25,837 |
* 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.