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1300 Middle Road, East Greenwich, RI, 02818 | $739,500
Built in 1680 by the Spencer family, Brownbread Place is steeped in local history. Tradition says that the name for the home comes from the fact that beans were cooked at the other Spencer house called "Lilac Cottage" and the brownbread was cooked here. The house was constructed around the great chimney and has seven flues, five fireplaces, and two large beehive ovens. This home features the original wide plank flooring throughout with exposed beams of Chestnut tree trunks. The barreled ceiling in the larger of the bedrooms was meant to give the effect of a ship's cabin. With many updates throughout, this home is cozy, sunlit, and chock full of character. All of this situated on a well forested acre of land with a modern studio detached from the main house equipped with heat and water. Come see a piece of American history with the chance to make it your own!
Features
- Amenities: Golf,Highway Access,Restaurant,Shopping
- Rooms: 7
- Bedrooms: 4
- Baths: 2 full
- Style: Historic/Antique
- Garage: No Garage
- Heating: Baseboard,Hot Water,Oil,Radiant
- Cooling: Window Unit(s)
- Basement: Exterior Entry,Full,Interior Entry,Partially Finished
- Approx Sq. Feet: 2,074
- Acreage: 1
- Est. Taxes: $5,900
- Lot Desc: Wooded
- Appliances: Dryer,Dishwasher,Microwave,Oven,Oil Water Heater,Range,Refrigerator,Tankless Water Heater,Washer
- MLS#: 1378330
- Website: https://www.raveis.com
/prop/1378330/1300middleroad_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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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
1300 Middle Road, East Greenwich, RI, 02818
$739,500
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $591,600 | $591,600 | $591,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
| Monthly Tax Payment | $492 | $492 | $492 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,691 | $3,886 | $4,952 |
| Total Monthly Payment | $4,275 | $4,470 | $5,536 |
* 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