Desirable Coggeshall Avenue Location - Renovated, Updated Victorian Cottage centrally located in one of the most sought-after neighborhoods in Newport just steps from Bailey's Beach, the Cliff Walk & Bellevue Avenue. This wonderful light & bright 4-bedroom 3. 5 bath home was designed with thought for family gatherings & entertaining using both the inside & outdoors. Enter into an open foyer greeting area w/grand stairway, adjacent bedroom or office in suite bath continuing to an open concept kitchen, dining area & oversize living room w/ fireplace & French Doors to the wraparound deck. The kitchen has a country feeling with wood counters, stainless appliances & gas stove. Across the way is the dining area & wet bar which overlook the living room. Step down to the oval shaped living room w/high ceilings, ample seating & French doors that travel to the wraparound deck. The numerous windows add plenty of light and engage the serene setting of the outdoor landscape for quiet enjoyment or entertaining. The second level has a beautiful, spacious primary suite with a spa style bathroom, walk-in closet and overlooks the back yard with sweeping views of the landscape. There are 2 other bedrooms and full bath. The lower level has a casual family room for recreation and full laundry room. Central Air. Outside deck has dining table, grill & outdoor shower. Path to the pond for kayaking or watching nature. A perfect summer retreat. JULY OR AUGUST 2025 $35, 000.
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$35,000
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 | $28,000 | $28,000 | $28,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $193 | $189 | $238 |
Total Monthly Payment | $268 | $264 | $313 |
* 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.