Click virtual tour link for video! Welcome to your dream coastal retreat in the heart of Newport's coveted Fifth Ward! This enchanting 4-bedroom, 2. 5-bathroom home effortlessly marries historic charm with modern luxury, offering easy access to vibrant entertainment, dining, and waterfront activities. Step inside to find a spacious and inviting interior boasting a beautifully designed gourmet kitchen complete with a butler's pantry, floor to ceiling cabinets, and top of the line appliances perfect for culinary enthusiasts. The primary bedroom is your personal sanctuary with en suite bathroom and oversized shower. The second floor's built-in office space perfectly accommodates remote work needs. Plus, the additional bedrooms and third-floor bedroom with its own living area are great for hosting family and friends. Outside, indulge in a newly landscaped, private fenced backyard adorned with lush greenery and charming paving stone walkways. Enjoy alfresco dining on the expansive deck or unwind by the fire pit with your favorite drink on warm summer evenings. The property's new exterior paint, landscaping, and roof add to its impeccable curb appeal. The back door mudroom area off the kitchen is perfect for Newport winters. Enjoy leisurely strolls along the nearby waterfront or take advantage of the many recreational opportunities that Newport has to offer. Don't miss your chance to own this Fifth Ward gem schedule a showing today and experience the epitome of coastal living!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,999
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,039,999 | $1,039,999 | $1,039,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | $895 | $895 | $895 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,824 | $6,403 | $8,636 |
Total Monthly Payment | $6,844 | $7,423 | $9,656 |
* 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.