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17 Old Beach Road, Newport, RI, 02840 | $5,500
The Tews Brother house is available for a Winter rental starting October 01, 2024 to May 31, 2025 on a monthly basis, it can also be rented for an 8-month lease term for $5500 per month. The owner also may entertain different lease terms as long as they are 30 days or longer, Enjoy your stay in this ideally situated house within walking distance of downtown Newport and the famous Bellevue Avenue. This historic home has been meticulously renovated to provide modern amenities with an old charm, welcoming you with a breezy porch. As you enter, you will find a relaxing open concept to the formal dining room and a sitting area/office with French doors for privacy from the family room and kitchen, which makes a great gathering spot. On the second floor, you will find the primary suite and 2 other bedrooms sharing an expanded bathroom, all beautifully decorated; you will also love the bonus room on the third floor. Outdoors, you will find a peaceful and private courtyard for your enjoyment. Off-street parking for one and additional street parking. Your dog might be considered with an additional monthly fee. All utilities included.
Features
- Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s),Sidewalks
- Rooms: 7
- Bedrooms: 3
- Baths: 2 full / 1 half
- Laundry: In Unit
- Style: Colonial
- Year Built: 1900
- Garage: No Garage
- Heating: Baseboard,Electric,Forced Air,Gas
- Cooling: Central Air,Wall Unit(s)
- Basement: Full,Unfinished
- Approx Sq. Feet: 2,440
- Acreage: 0.05
- Lot Desc: Corner Lot
- Pets Allowed: Yes
- Appliances: Dryer,Dishwasher,Exhaust Fan,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Washer
- Lease Term Type: Month To Month
- MLS#: 1366178
- Website: https://www.raveis.com
/prop/1366178/17oldbeachroad_newport_ri?source=qrflyer
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William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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 Old Beach Road, Newport, RI, 02840
$5,500
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $4,400 | $4,400 | $4,400 |
| 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 | $30 | $30 | $37 |
| Total Monthly Payment | $105 | $105 | $112 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB