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3 Ledge Road, Newport, RI, 02840 | $12,500
JUNE RENTAL 2023 FOR $12, 500- MAY 2023 AVILABLE $6500 Wonderful Colonial known as Castle Back is located in Newport on Desirable Ledge Road behind Belcourt Castle situated between Bellevue and Coggeshall Avenue. This 4 bedroom 3. 5 bath 3 level home is in the perfect place for your summer vacation. First floor has 2 bedrooms, 1 full bath and laundry room. One bedroom has door to the outdoor shower, patio and yard. Second level has open kitchen, dining Area and great room with French doors to the grand deck overlooking the grounds and Belcourt Castle . This level also includes a master suite with full bath shower plus a half bath. Third level has a grand in-law suite. This includes a bedroom, full bath, kitchenette, dining area / great room. There is a Juliette balcony off the great room with views of Almy Pond, the ocean and the vicinity. A great addition to the property for extended families. Second floor deck has seating and grill area. 1st floor patio has out door shower and large wrap around lawn area. Steps to Bailey's Beach, The Cliff walk, Ocean Avenue, Bellevue and minutes to downtown activities. Close to all Newport has to offer yet peaceful and tranquil. The perfect property for family fun & entertainment or to quietly enjoy.
Features
- Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Shopping,Tennis Court(s)
- Rooms: 8
- Bedrooms: 4
- Baths: 3 full / 1 half
- Laundry: Common Area
- Style: Colonial
- Year Built: 1992
- Garage: No Garage,Unassigned
- Heating: Hot Water,Oil,Zoned
- Cooling: Window Unit(s),Wall Unit(s)
- Basement: None
- Approx Sq. Feet: 2,812
- Acreage: 0.16
- Lot Desc: Wooded
- View: Water
- Pets Allowed: No
- Appliances: Dryer,Dishwasher,Exhaust Fan,Disposal,Microwave,Oven,Oil Water Heater,Range,Refrigerator,Washer
- Lease Term Type: Month To Month
- MLS#: 1331036
- Website: https://www.raveis.com
/prop/1331036/3ledgeroad_newport_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
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@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
3 Ledge Road, Newport, RI, 02840
$12,500
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $10,000 | $10,000 | $10,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $67 | $66 | $84 |
| Total Monthly Payment | $142 | $141 | $159 |
* 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