Welcome To Unit #3 At The Newport Car Vaults. This South-Facing Luxury Vehicle Storage Space Offers Endless Possibilities For The Discerning Enthusiast. This Private Garage Offers Room For 3-4 Vehicles Plus The Accessories That Go With Them. With 25 Foot Ceilings, Additional Lifts Can Be Installed For Maximum Vehicle Space Utilization. You'll Enjoy Water Views From The Inviting Second-Floor Loft Space Which Boasts Custom Railings And Rugged Luxury Vinyl Plank Flooring. The Spacious Mezzanine Is Perfect For Entertaining Or Simply Relaxing And Enjoying The View Of Your Vehicles Below. This Space Has Been Rough-Plumbed And Is Ready For Your Addition Of A Wet-Bar And Has Cable Installed.
This Sun-Filled Space Is Climate Controlled With Both Heat And Central Air That Are Wifi Enabled. An Extra Large Ceiling Fan Has Already Been Installed. The Full Bathroom Is Complete With A Walk-In Shower. The Current Owner Has Never Occupied This Space.
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Our Executive Mortgage Banker:
Our Insurance Division:
$420,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $336,000 | $336,000 | $336,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $362 | $362 | $362 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,264 | $2,233 | $2,834 |
Total Monthly Payment | $2,701 | $2,670 | $3,271 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.