Nestled in the heart of the Hill & Harbor District in downtown East Greenwich, this historic gem offers unparalleled access to the vibrant life on Main Street with its array of restaurants and shops. It's a short stroll to the serene waterfront and marina, too! A testament to expert craftsmanship, this stunning home has a sun drenched wrap-around porch overlooking the manicured grounds and fishpond. The first level consists of a granite kitchen, 1-2 bedrooms, a large bath with a jacuzzi tub and bidet, separate dining room, and a cozy living room with a wood burning stove. The interior is graced with gorgeous hardwood floors and high ceilings. The 2nd floor unit includes 2 beds, a full bath with a walk-in shower, a spacious living room area, and a well-equipped kitchen. The 3rd floor attic offers bonus space that can be used as a home office, rec room, or simply as additional storage. The basement is large open space with a cedar closet, storage cabinets, a laundry area with a wash sink, and an exit via a bulkhead to the backyard. Additional features include replacement windows throughout, a newer roof, updated electrical, and a panel, furnace & water heater for each floor. Offering the flexibility to be used as either a multi-family or a single family, this gem provides endless possibilities for customization, and promises a unique living experience in historic downtown East Greenwich.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $604 | $604 | $604 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,815 | $3,717 | $4,716 |
Total Monthly Payment | $4,511 | $4,413 | $5,412 |
* 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.