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100 Rocky Hollow Road, East Greenwich, RI, 02818 | $1,500,000
Spectacular and rare offering! Stately SALT WATERFRONT shingle-style home located in the highly coveted Hill and Harbor district of East Greenwich. Home conveys with a DOCK fully permitted for FOURTEEN (14) individual income producing boat slips! Located only 1/3 of a mile to Main Street East Greenwich's restaurants, bars, cafes and shops. 100 Rocky Hollow can be sold as a package with the abutting property (110 Rocky Hollow) which has an additional SIXTEEN (16) individual boat slips. One of only 6 waterfront homes in the town of East Greenwich. Unique investment opportunity (short-term rental + dock income), private home with cost offsetting dock income or COMBINE with 100 Rocky Hollow and create your own waterfront compound! Additional features and notes: detached "1. 5" car garage with a rooftop deck overlooking Greenwich Cove, possible guest or IN-LAW apartment in the walkout lower level, central air conditioning, furnishings negotiable, NO FLOOD INSURANCE required, dock water depth range estimated at low tide from 2. 5 feet to 5+ feet, less than 10 minutes to Rt. 95 or Rt. 4, less than 15 minutes to TF Green Airport and the AMTRAK/MBTA Station (PVD). Peaceful location tucked just off the beaten path in one of the most well-protected areas in Greenwich Cove and Narragansett Bay.
Features
- Rooms: 6
- Bedrooms: 3
- Baths: 3 full / 1 half
- Style: Colonial
- Year Built: 1850
- Garage: 1-car Detached,Garage
- Heating: Baseboard,Electric
- Cooling: Central Air
- Basement: Full,Partially Finished,Walk-Out Access
- Approx Sq. Feet: 3,005
- Acreage: 0.41
- Est. Taxes: $18,594
- View: Saltwater,Water
- Appliances: Dishwasher,Gas Water Heater,Microwave,Oven,Range,Refrigerator
- MLS#: 1366055
- Website: https://www.raveis.com
/eprop/1366055/100rockyhollowroad_eastgreenwich_ri?source=qrflyer
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William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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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
100 Rocky Hollow Road, East Greenwich, RI, 02818
$1,500,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
| 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 | $1,550 | $1,550 | $1,550 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,813 | $7,486 | $10,045 |
| Total Monthly Payment | $8,488 | $9,161 | $11,720 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB