1038 Green Hill Beach Road, South Kingstown, RI, 02879 | $1,115,000

Fantastic opportunity to own your beach home in the coveted neighborhood of Green Hill. Start enjoying the beach, warm summer nights, views of the Atlantic Ocean, Green Hill Pond and the most sensational sunsets from this charming 1930s beach cottage. Sited in a prime location that offers quick and easy access to Green Hill Pond and Green Hill Beach which is just 350 feet from your front door. Enjoy all of Rhode Island with Newport and Providence just 45 minutes away. 35 minutes to TF Green, 3 hours from New York and 2 hours from Boston. Steps to the beach and close to the area's best restaurants, shops, boating, wildlife, hiking, tennis, farm stands, major highways, etc. make this the perfect coastal retreat.

Features

  • Rooms: 6
  • Bedrooms: 2
  • Baths: 1 full
  • Style: Cabin/Cottage
  • Year Built: 1930
  • Garage: No Garage
  • Heating: Forced Air,Oil
  • Cooling: None
  • Basement: None
  • Approx Sq. Feet: 1,243
  • Acreage: 0.17
  • Est. Taxes: $8,047
  • Appliances: Electric Water Heater
  • MLS#: 1354267
  • Website: https://www.raveis.com
    /prop/1354267/1038greenhillbeachroad_southkingstown_ri?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

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.

Andrew Whiteley - Team AFALuxury Properties Specialist

203.258.1595

Andrew.Whiteley@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
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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.

Jorge L RiveraVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 12303

203.913.1633

Jorge.Rivera@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

Michael AlvordInsurance Sales Director, William Raveis Insurance

203.925.4507

Michael.Alvord@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

1038 Green Hill Beach Road, South Kingstown, RI, 02879

$1,115,000

Andrew Whiteley - Team AFA

Luxury Properties Specialist

William Raveis Real Estate

Phone: 203.258.1595

Andrew.Whiteley@raveis.com

Jorge L Rivera

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.913.1633

Jorge.Rivera@Raveis.com

NMLS Mortgage Loan Originator ID 12303

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $892,000 $892,000 $892,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 7.000% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.481% 7.103% 6.915%
Monthly Tax Payment $671 $671 $671
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,492 $5,935 $7,893
Total Monthly Payment $6,288 $6,731 $8,689

* 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.