22 Dean Avenue, Newport, RI, 02840 | $40,000

Spend fall 2024 and spring or fall 2025 in this exclusive contemporary in the Yachting Village. This tastefully appointed home features five luxurious levels of living with a hydraulic elevator to easily access each, and a total of four bedrooms (two-ensuite) and 5 baths offering comfortable sleeping for 10 and a pull-out couch for an additional two more. Enter into the foyer level where there are three bedrooms (one ensuite), two full baths and the laundry with a large freezer. The living level is one flight up and features an open floor plan with a gourmet kitchen, dining for a crowd, a large living area with a dry bar & fridge, gas fireplace and a covered deck facing toward the harbor. The next level offers the primary bedroom ensuite with a fabulous view of the harbor and bridge. This level also offers an office/living area with water views. The top level of the home is the roof deck which offers a spectacular 360 degree view that includes Newport Harbor, Fort Adams, Goat Island and the neighborhood surrounding. The deck is fully outfitted with a bar, gas grill, firepit and an outdoor living/dining area.
This home is fully outfitted with an outdoor shower, Subzero fridge, Wolf range, custom lighting, central air, cat six wiring for high speed wifi and printer, Smart TVs and cable, ping pong table, basketball hoop, landscape lighting, heated floors, Smart blinds, beach closet and various small appliances including an espresso machine.
Available for a minimum of 30 days.

Features

  • Amenities: Golf,Marina,Near Hospital,Near Schools,Restaurant,Shopping,Tennis Court(s)
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 4 full / 2 half
  • Laundry: Common Area
  • Style: Contemporary
  • Year Built: 2019
  • Garage: No Garage,Unassigned
  • Heating: Forced Air,Gas,Radiant
  • Cooling: Central Air
  • Approx Sq. Feet: 3,024
  • Acreage: 0.1
  • View: Saltwater,Water
  • Pets Allowed: No
  • Appliances: Dryer,Dishwasher,Exhaust Fan,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Washer
  • Lease Term Type: Month To Month
  • MLS#: 1370178
  • Website: https://www.raveis.com
    /prop/1370178/22deanavenue_newport_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Coldwell Banker Realty   Phone: 401-845-6900

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.

Customer Service

888.699.8876

Contact@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
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  • 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

22 Dean Avenue, Newport, RI, 02840

$40,000

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 $32,000 $32,000 $32,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $213 $213 $274
Total Monthly Payment $288 $288 $349

* 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.