Conveniently located, 3 bedroom, 1. 5 bath home on a spacious, 1. 00 acre lot on the outskirts of Newport City. This property was completely remodeled in 2019 and offers tons of charm and character throughout. The first floor offers a spacious entry way, large eat-in kitchen with dining area and stainless appliances. The double living area features natural woodwork throughout and beautifully finished hardwood floors. Finishing off the first floor living space is a 1/2 bathroom and direct access to the 15'x10' screened in porch area. Making way to the second story you will find 3 bedrooms and a full bathroom. Additional features of this home include a fully spray foamed basement for added insulation, updated hot water heater, updated roof, vinyl siding, newer vinyl windows, light fixtures, interior paint, and a detached 20'x20' 1-car garage w/ attached 20'x12' carport. The large lot is ideal for pets, children or gardening and the newly installed stay-mat driveway allows for access to both Pleasant St and Coventry St. Located just minutes to all town amenities, schools, stores and more! Well worth a look today.
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $185,200 | $185,200 | $185,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $213 | $213 | $213 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,248 | $1,231 | $1,562 |
Total Monthly Payment | $1,536 | $1,519 | $1,850 |
* 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.