Perfect location to enjoy the best of Newport. This furnished 2 bed / 2 bath townhouse is just blocks away from great restaurants, bars and shops on Thames Street yet is tucked in a quiet residential neighborhood close to 2 popular parks - King Park & Morton Park. Available January 1st, 2025 - May 13th, 2025 - with 3 month minimum.
Great interior layout and furnishings create an easy flow between the living room, dining room, kitchen and full bathroom - yet each space feels like a separate room. The second floor houses a large bedroom and full bathroom and the third floor is a combination primary bedroom with vaulted ceilings and work space. Sliding glass doors on the third floor lead to a private deck. This arrangement makes for a very livable apartment that provides great space for social time together and plenty of room to spread out.
Other amenities include an in-unit washer/dryer, 2 off street parking spaces, all stainless kitchen appliances with gas stove and wall mounted A/C on two floors (during the warm months). All new flooring on the first floor and both bathrooms recently updated. Monthly rental fee includes monthly house cleaning, all utilities (with a $300 monthly cap) and Wi-Fi!
Available from January 1st, 2025 - May 13th, 2025. No pets/smoking.
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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 | $2,240 | $2,240 | $2,240 |
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 | $15 | $15 | $19 |
Total Monthly Payment | $90 | $90 | $94 |
* 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.