68 Kay Street, Newport, RI, 02840 | $2,299,000

The Hawkhurst estate was built in 1882 by architect Dudley Newton. In 1929 the estate was reimagined as four separate homes, one of which is 68 Kay St. This Queen Anne style home features the original estate's library as its great room. With hand carved coffered walls and ceiling. It also boasts a curved plate glass bay window and plate glass pocket doors that lead to the inviting semi circular porch. Just above on the second floor, a smaller semi circular balcony is shared by two generous bedrooms. 2 more bedrooms and 2. 5 baths complete the second floor. The third floor has 2 bedrooms, a full bath and walk in storage. Updates include a recent roof, gas fireplace, generator, renovated kitchen and baths. There is a two car garage, fenced in yard with a patio and raised garden bed. This 6 bedroom, 4. 5 bath Gilded Age home in the historic Kay/Catherine neighborhood is within close proximity to Bellevue Avenue, Newport's waterfront and Broadway.

Features

  • Amenities: Near Hospital,Public Transportation,Restaurant,Shopping,Sidewalks
  • Rooms: 10
  • Bedrooms: 6
  • Baths: 4 full / 1 half
  • Style: Historic/Antique
  • Year Built: 1870
  • Garage: 2-car Detached,Garage
  • Heating: Gas,Hot Water
  • Cooling: None
  • Basement: Exterior Entry,Full,Interior Entry,Unfinished
  • Approx Sq. Feet: 3,300
  • Acreage: 0.17
  • Est. Taxes: $10,340
  • Appliances: Dryer,Dishwasher,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Tankless Water Heater,Washer
  • MLS#: 1371010
  • Website: https://www.raveis.com
    /mls/1371010/68kaystreet_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.

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401.662.4888

Karen.OBrien@Raveis.com

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Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

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68 Kay Street, Newport, RI, 02840

$2,299,000

Karen O'Brien

Sales Associate

William Raveis Real Estate

Phone: 401.662.4888

Karen.OBrien@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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,839,200 $1,839,200 $1,839,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.348% 5.911%
Monthly Tax Payment $862 $862 $862
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,299 $11,324 $15,273
Total Monthly Payment $11,286 $12,311 $16,260

* 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.