TWO PROPERTIES with this INCREDIBLE OFFERING IN CENTRAL BEACH QUONNIE. This once in a lifetime opportunity offers a sweet as can be beach house that is filled with countless wonderful memories spanning for over four generations. PLUS AN ADJACENT BUILDABLE LOT WITH A FOUR BEDROOM SEPTIC APPROVAL. The house enjoys FOUR bedrooms and two full baths with a den for extra sleeping because you'll have so many family and friends who cannot wait to come to Quonnie. You will sense an immediate warmth upon entry and be enamored with a fabulous stone fireplace for cozy off-season evenings. It has an oversized detached 2 car garage There is a large rear composite deck for clambakes and barbeques and a fantastic backyard made for fun after a long day after the beach. Conveying in its current condition, it simply awaits your personal touch to make it your own in preparation for forever memories. Ideally located on a quiet dead end street within moments to all that Central Beach has to offer grab your bikes or golf cart and enjoy Salt Water QUONOCHOTAUG POND (which breaches into the Atlantic) parking for paddle boarding, kayaking , boating, clamming and fishing private parking at one of the most beautiful beaches in Rhode Island community tennis a ball field basketball and a toddler playground. MAKE THIS YOUR OWN QUONNIE COMPOUND. It's no wonder why so many people love to call Quonnie home
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$2,295,000
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 | $1,836,000 | $1,836,000 | $1,836,000 |
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 | $800 | $800 | $800 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,425 | $11,454 | $15,370 |
Total Monthly Payment | $11,350 | $12,379 | $16,295 |
* 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.