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50 Cliff Avenue, Newport, RI, 02840 | $35,000
Available JUNE 2025 @ $35, 000/MO. 'The Villa' is an elegantly renovated carriage house situated on a gated 7-acre estate steps from the fabled Cliff Walk. Encompassing true luxury with all of the comforts of home, the furnishings in this home were hand-selected with both sophistication and relaxation in mind. The main level features cathedral ceilings, with original exposed beams, hardwood floors, and gorgeous light fixtures throughout. It also offers a first-floor bedroom with en suite bath and walk-in closet. A stylish powder room and a sun filled den with wall-to-wall sliding glass doors lead out to the patio and sprawling grounds. The chef's kitchen features chic mid-century modern wood cabinetry, black honed granite countertops and all-new Bosche appliances. Off the kitchen is an elegant dining room with a marble dining-table for 6 guests, with adjacent cozy sitting areas in front of the wood burning fireplace. Upstairs, you will find 4 beautifully appointed bedrooms. The primary suite boasts a spa-like bathroom with white marble flooring, a glass-encased shower, and exquisite fixtures. The adjoining primary bedroom has a king-sized bed, his & hers walk-in closets and shiplap walls. Three additional bedrooms offer chic design, beautiful bedding and wonderful light. Perfectly positioned windows allow for sunlight to stream through from sunrise to sunset. No pets will be considered. Rented for July and August 2025.
Features
- Amenities: Golf,Marina,Near Hospital,Near Schools,Recreation Area,Shopping,Tennis Court(s)
- Rooms: 9
- Bedrooms: 5
- Baths: 3 full / 1 half
- Laundry: In Unit
- Year Built: 2022
- Garage: No Garage,Unassigned
- Heating: Forced Air,Gas,Wood
- Cooling: Central Air,Ductless
- Basement: None
- Approx Sq. Feet: 3,000
- Acreage: 7
- Pets Allowed: No
- Appliances: Dryer,Dishwasher,Electric Water Heater,Microwave,Oven,Range,Refrigerator,Washer
- Lease Term Type: Month To Month
- MLS#: 1371897
- Website: https://www.raveis.com
/prop/1371897/50cliffavenue_newport_ri?source=qrflyer
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William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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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
50 Cliff Avenue, Newport, RI, 02840
$35,000
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 | $28,000 | $28,000 | $28,000 |
| 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 | $186 | $186 | $236 |
| Total Monthly Payment | $261 | $261 | $311 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB