20 Summer Street, #2, Newport, RI, 02840 | $3,000

This stunning 20th-century property offers a luxurious and comfortable stay for those seeking a memorable Newport experience. Located in one of the most sought-after neighborhoods in Newport, this rental is just minutes away from the beach, historic sites, restaurants, and shopping destinations.

As you step inside, you are greeted by a spacious and elegantly decorated living area that exudes charm and sophistication. The open-concept layout seamlessly connects the living room, dining area, and fully equipped kitchen, providing a perfect space for entertaining and relaxing with family and friends. The large windows allow natural light to flood the space, creating a bright and inviting atmosphere.

The rental features multiple beautifully appointed bedrooms, each designed to offer a restful retreat after a day of exploring all that Newport has to offer. The master suite boasts a king-size bed, en-suite bathroom, and a private balcony with breathtaking views of the surrounding area. The additional bedrooms are equally comfortable, offering plush bedding, ample storage space, and modern amenities.

Outside, you will find a private patio or deck area where you can enjoy al fresco.

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 2 full
  • Garage: Unassigned
  • Heating: Central,Gas
  • Cooling: Central Air
  • Approx Sq. Feet: 1,235
  • Pets Allowed: No
  • Appliances: Microwave,Oven,Range,Refrigerator
  • Lease Term Type: Month To Month
  • MLS#: 1369949
  • Website: https://www.raveis.com
    /raveis/1369949/20summerstreet_newport_ri?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

The Aquidneck TeamSales Associates

401.640.0807

AquidneckTeam@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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

20 Summer Street, #2, Newport, RI, 02840

$3,000

The Aquidneck Team

Sales Associates

William Raveis Real Estate

Phone: 401.640.0807

AquidneckTeam@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 $2,400 $2,400 $2,400
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 $17 $16 $20
Total Monthly Payment $92 $91 $95

* 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.