Available October 22, 2024 to June 15 2025. This tastefully decorated condo offers sophisticated living within walking distance to all that Newport has to offer. This townhouse style condo has 2 bedrooms and 2 full baths. Proper front entryway along with a direct rear staircase to the unit. All the rooms have a nautical or wood embellished detail. The state of the art kitchen and dining area flow together nicely with a custom built-in breakfast nook. The open concept includes the adjoining living room complete with dramatic ten-foot-high ceilings, crown molding, and beautiful hardwood floors. Right off the second-floor master is a perfect sitting area to read a book and relax. There are also two shared decks for your morning coffee or your afternoon cocktail! Take advantage of the 2 parking spaces and walk to Bellevue Avenue, Cliff Walk or Downtown Newport. This unit has been fully renovated with great attention to fine finishes from the drapes, countertops, and bathroom faucets and tile work. Convenient in-unit laundry. Ready for occupancy now through the winter and springs months. It is fully furnished and all utilities are included with a cap of $300. Pets negotiable! The lease dates are firm.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,900
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 | $2,320 | $2,320 | $2,320 |
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 | $15 | $15 | $20 |
Total Monthly Payment | $90 | $90 | $95 |
* 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.