31 Coddington, #21, Newport, RI, 02840 | $4,000

Yearly rental unfurnished for $4900/Month! Available now. Introducing a waterfront residence at 31 Coddington Wharf in the heart of downtown Newport! This 2-bedroom, 2-bathroom unit comes complete with two-car parking. Convenient elevator building, the open-concept design offers a spacious eat-in kitchen and living room with wet bar that opens onto an expansive 8 X 40 ft deck boasting stunning water views through sliders, creating an ideal space for relaxation and entertainment. The primary bedroom is a retreat in itself, featuring sliders to the private deck, a generous walk-in closet, and a double vanity bath. The second bedroom offers the convenience of an ensuite bath, ensuring both comfort and privacy for residents and guests alike. For added convenience there is an in-unit washer/dryer. This unit offers water views from every room, creating a seamless connection from the Newport Bridge to Fort Adams. This residence also offers a private marina, enhancing the overall lifestyle experience. This exclusive condominium is being offered on an annual basis, allowing you to customize and furnish this waterfront gem according to your personal style and preferences. Seize this unparalleled opportunity to elevate your living experience in Newport, where luxury meets coastal charm. Pets negotiable. Unit also available for sale RI Association of REALTORS #1355604.

Features

  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Unit
  • Year Built: 1988
  • Garage: Assigned,No Garage
  • Heating: Electric,Heat Pump
  • Cooling: Central Air
  • Basement: Exterior Entry,Full,Finished,Interior Entry
  • Approx Sq. Feet: 1,256
  • Pets Allowed: Yes
  • Appliances: Dryer,Dishwasher,Electric Water Heater,Disposal,Microwave,Oven,Range,Refrigerator,Washer
  • Lease Term Type: 12 Months
  • MLS#: 1357486
  • Website: https://www.raveis.com
    /prop/1357486/31coddington_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 Coldwell Banker Realty   Phone: 401-845-6900

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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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.

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

31 Coddington, #21, Newport, RI, 02840

$4,000

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 $3,200 $3,200 $3,200
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 $21 $21 $27
Total Monthly Payment $96 $96 $102

* 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.