2 Green Hill Avenue, South Kingstown, RI, 02879 | $6,750,000

Rhode Island ocean-front estate setting available for first time in nearly 100 years. Stunning sunrise to sunset views East to Moonstone, Matunuck, Point Judith & West to Watch Hill & beyond. Breathtaking Block Island, ocean, wildlife, & marine-life views. Fertile fishing grounds with surfcasting from your own time-tested seawall or adjacent sandy beaches. Quiet & respectful neighborhood of long-term families & new friends. There's only one road into this community & the same road out yet 15 min, to Wakefield, 45 min, to Providence/Boston Airport, 1 1/2 hrs to Boston, 2 hrs to Hartford, & 3 hrs to NYC. An historic family home built in 1939 by contractor/owner after they lost beloved rental in Charlestown during 1938. New memories are awaiting another family to create the next 100 years of Kodak moments, or Instagram/X/TicTok. Major acquisition values are private setting at end of dead end road. Ocean-front. Seawall. Two adjacent association beaches. One of these you can walk a mile or more at low tide. Nature runners take note. Fat tire bikers know this secret gem. Kayak, sail or paddle board Green Hill Pond just a walk from your driveway. Other value added includes exceptionally large house footing if you prefer a new build. New fencing, new siding, new lightning rod system, and an established setback that could never be achieved on a new lot build. 3 underground septic systems put in about 10 years ago & new oil tank. Don't miss this once in a lifetime opportunity.

Features

  • Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Recreation Area,Restaurant,Shopping,Tennis Court(s)
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Style: Contemporary
  • Year Built: 1939
  • Garage: 4-car Attached,Garage,Garage Door Opener
  • Heating: Hot Water,Oil,Zoned
  • Cooling: None
  • Basement: Full,Unfinished
  • Approx Sq. Feet: 2,867
  • Acreage: 1.34
  • Est. Taxes: $34,255
  • Lot Desc: Waterfront
  • View: Saltwater,Water
  • Appliances: Dryer,Dishwasher,Oven,Oil Water Heater,Range,Refrigerator,Washer
  • MLS#: 1361226
  • Website: https://www.raveis.com
    /eprop/1361226/2greenhillavenue_southkingstown_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by WATERFRONT PROPERTIES   Phone: 401-364-3075

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2 Green Hill Avenue, South Kingstown, RI, 02879

$6,750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

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 $5,400,000 $5,400,000 $5,400,000
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 $2,855 $2,855 $2,855
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $30,238 $32,811 $44,482
Total Monthly Payment $33,218 $35,791 $47,462

* 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.