Welcome to this beautiful, well maintained Ranch style home on a double lot with beautiful grounds on a quiet dead end street. Upon entry you will immediately notice gleaming hardwood floors, an open kitchen/dining space with stone countertops & stainless appliances along an open living room with a large picture window. The primary bedroom has an updated bathroom and there are three additional bedrooms and one full bath. The lower level has been completely renovated to include two large rooms, an additional full bath, laundry area with sink & a Navien hot water heater. The 1/3-acre lot has been tastefully updated with beautiful plantings, a playground area, a stone back area with fire pit, a contained veggie garden & large vinyl storage shed to store all or your outdoor equipment. There is ample parking on the new stone driveway & oversized one-car garage. Set on a quiet and serene street, but it is located with easy access to Newport Naval Base, shopping, downtown Newport & the Newport Bridge. Don't miss out on this large, well kept home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,900
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 | $599,920 | $599,920 | $599,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | $576 | $576 | $576 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,042 | $3,941 | $5,059 |
Total Monthly Payment | $4,710 | $4,609 | $5,727 |
* 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.