31 Coddington, #27, Newport, RI, 02840 | $15,000

WATERFRONT CONDOMINIUM LOCATED ON THE HARBOR OFF THAMES STREET. AUGUST &SEPTEMBER 2024 RENTAL-This 2-bedroom 2 bath unit has been completely renovated with light colors and all the amenities one needs to enjoy your summer vacation. The open floor plan is great for family gathering & entertaining. The space consists of an ample eat in kitchen with a dining nook overlooking the harbor and wharf area plus a large living room with a fireplace and an office area. The fully equipped kitchen has quartz counters, all new stainless appliances plus custom cabinets & drawers. The living room flows to the sliders which lead to an oversize outside deck. The unit is on the 3rd floor with great water views of the harbor and the downtown area. The primary bedroom has a custom walk-in closet, a beautifully renovated bathroom, water views & a slider to the outside deck. The 2nd bedroom has a completely renovated bathroom and hidden laundry closet. The floors are porcelain tiling throughout. Central air and custom ceiling fans if ocean breezes are preferred. This unit is perfect in every way. Lobby w/elevator. Outdoor pathways lead to the garden area and waterfront. Private compound w/covered parking space. Walk to everything! Note Living Room Furnishings will change. Utilities included w/a cap of $250 per month. RENTAL MONTHS & PRICING AVAILABLE for 2024 ARE AUGUST $15, 000 & SEPTEMBER $12, 000 - OCCUPANCY NO MORE THAN 4 PEOPLE.

Features

  • Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Other,Public Transportation,Recreation Area,Restaurant,Shopping,See Remarks,Tennis Court(s)
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Unit
  • Year Built: 1985
  • Garage: 1-car Assigned,Carport
  • Heating: Electric,Forced Air,Heat Pump,Individual,Radiant
  • Cooling: Heat Pump,Central Air
  • Basement: Full
  • Approx Sq. Feet: 1,256
  • Lot Desc: Private,Paved,Secluded,Sprinkler System,Waterfront
  • View: Saltwater,Water
  • Pets Allowed: No
  • Appliances: Dryer,Dishwasher,Exhaust Fan,Disposal,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Range Hood,Washer
  • Lease Term Type: Month To Month
  • MLS#: 1333235
  • Website: https://www.raveis.com
    /prop/1333235/31coddington_newport_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by RE/MAX Profnl. Newport, Inc.   Phone: 401-849-0100

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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
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Our Insurance Division:

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31 Coddington, #27, Newport, RI, 02840

$15,000

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $12,000 $12,000 $12,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $83 $81 $102
Total Monthly Payment $158 $156 $177

* 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.