WINTER FURNISHED RENTAL STARTING OCTOBER 1ST. This handsome property is available for YEAR ROUND rental. A Generously sized home with almost 4000 sq ft of living space, with 3 ensuite bedrooms and bonus guest room /Den. Located in the Wellington location in Newport you are a short walk to Newport Harbor front, restaurants, shops and all that Newport living has to offer. This well built home is in meticulous condition, offering oak hardwood floors throughout, high ceilings, recessed lighting and a well designed layout that creates a wonderful home for gracious living. Offering 3 ensuite bedrooms and a well appointed den or guest room in the lower level with private full bath that makes for the perfect den The perfect guest room, offering privacy and all of the amenities.
The Primary suite is the entire third floor, offering gracious space and privacy. There is a lovely balcony for taking in views of beautiful Newport Harbor. Imagine your own private sanctuary! Walk in closets and a master bath with high end finishes offering a separate shower and tub. The home offers an open floor plan on the first floor - living room with gas fireplace, large dining area with french doors leading to the lovely gardens and outside dining area. The kitchen offers glistening counter tops and stainless appliances. A great set up for entertaining and daily living! This is a special property, not to be missed. Available October 1, 2024.
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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: 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 | $3,360 | $3,360 | $3,360 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $22 | $22 | $28 |
Total Monthly Payment | $97 | $97 | $103 |
* 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.