17 Grafton Street, Newport, RI, 02840 | $1,175,000

Newly built in 2006 and lovingly maintained this property is both exceptional and unique. Sited on an oversized lot and located within a couple blocks to both the harbor and town the home is an in-town oasis. Upon entering you will be struck by the soaring ceilings and light filled rooms, with open concept living the home is comfortable and great for entertaining. The living, dining and kitchen all seamlessly flow into one another and provide easy access to the private and beautifully landscaped back yard. The great room is a perfect place for a party or family gathering with its own wood fired pizza oven, gas fireplace and central island. Offering single floor living the two bedroom two full bath home is more than 1600 sq ft and ample in size, an additional room off the kitchen could be a great 3rd bedroom, gym, office or a combination of the three. A frequent winner of "Newport in Bloom" the outdoor gardens provide wonderful year round privacy and offer something in bloom from the Spring through the Fall. With a beautiful and peaceful fountain, hot tub and shed you won't want to leave the property. With newer construction the utilities, siding and roof are all in great repair and ample parking and generator offer stress free living

Features

  • Amenities: Marina,Near Hospital,Near Schools,Public Transportation,Restaurant
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Style: Ranch
  • Year Built: 2006
  • Garage: No Garage
  • Heating: Baseboard,Oil
  • Cooling: Central Air
  • Basement: Crawl Space,Unfinished
  • Approx Sq. Feet: 1,628
  • Acreage: 0.18
  • Est. Taxes: $4,525
  • Appliances: Dryer,Dishwasher,Oven,Oil Water Heater,Range,Refrigerator
  • MLS#: 1364743
  • Website: https://www.raveis.com
    /prop/1364743/17graftonstreet_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 Lila Delman Compass   Phone: 401-848-2101

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

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:

  • Market your home to realize a quick sale at the best possible price
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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

17 Grafton Street, Newport, RI, 02840

$1,175,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $940,000 $940,000 $940,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment $377 $377 $377
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,046 $5,560 $7,743
Total Monthly Payment $5,548 $6,062 $8,245

* 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.