Enjoy July in this stunning modernized Colonial home in the heart of Newport, RI. This impeccably designed residence boasts 1, 918 square feet of living space, featuring four bedrooms and two bathrooms.
Step inside to discover a chef's kitchen equipped with premium Wolf appliances and a sleek gas stove, perfect for culinary enthusiasts. The with two indoor dining areas as well as on outdoor dining area this home provides an ideal setting for entertaining guests. A first-floor office offers a quiet retreat for work or study.
The home's elegant outdoor spaces are a true highlight, with a charming entrance and private outdoor area, perfect for enjoying the serene surroundings. Situated on a desirable corner lot, the property includes a garage for storing your beach chairs, as well as additional off street parking.
Relax in the comfort of air conditioning or unwind by walking the reservoir path to the Easton's beach, just a short walk away. The Kay/Catherine location enhances the allure of this exceptional home, offering a tranquil escape from the hustle and bustle of downtown while only a short distance away.
Rental term of up to 6 weeks would be considered.
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Our Executive Mortgage Banker:
Our Insurance Division:
$20,000
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 | $16,000 | $16,000 | $16,000 |
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 | $106 | $106 | $135 |
Total Monthly Payment | $181 | $181 | $210 |
* 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.