Available July 2025. Meticulously maintained Colonial in the heart of downtown. This four bedroom, two full bathroom home has been thoughtfully renovated and designed with exceptional taste. On the first floor, you will walk into a beautiful sun-filled living room with a see-through fireplace. a dining room with sitting for 6 (has a leaf to extend for 8), a brand new full sized bathroom and a fully renovated kitchen with stainless steel appliances. Just off the kitchen is a beautiful south facing patio with another table for 8 surrounded by manicured gardens to enjoy dining al fresco on those warm summer nights. The second floor has four bedrooms, all well-appointed with Serena and Lily bedding, plus one full bathroom. In addition, there is an outdoor shower great for rinsing off after the beach and a garage that has been converted to a nice work out area or outdoor bar! The house comes with off-street parking for three cars and it has central air. Just park your car and enjoy everything that downtown Newport has to offer all within a few minutes walk!
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$22,500
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 | $18,000 | $18,000 | $18,000 |
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 | $120 | $120 | $152 |
Total Monthly Payment | $195 | $195 | $227 |
* 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.