"Island Breeze"-Newport's newest luxury waterfront rental. Aptly named, you can literally catch the coastal breezes off the patio while taking in the panoramic view. Breathtaking east- and south-facing water views across Easton's Pond, Easton's Beach, and Newport's Cliff Walk offer sun and moon-rise reflections on the water. Waterfront strolls on Easton's Pond to the Beach and Cliff walk allow for glimpses of herons, swans, and egrets-imagine beginning your day with a walk and a cup of coffee, taking it all in. . . and enjoy the serenity of it from inside, tastefully decorated, modern and warm, with coastal hues in mind, maximizing water views from almost every room. Evenings can be enjoyed in privacy by the fire pit out back or by grilling off the deck over the water.
Island Breeze offers possible two-floor plans for lease: one that includes the whole house with all 5 bedrooms, 4 of which have en-suite baths, and another option that consists of 4 bedrooms minus the owners' suite. Whole house: August $45, 000, September $30, 000, October $25, 000. Please inquire about other options and availability.
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Our Executive Mortgage Banker:
Our Insurance Division:
$25,000
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 | $20,000 | $20,000 | $20,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $133 | $133 | $169 |
Total Monthly Payment | $208 | $208 | $244 |
* 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.