August 2025 RENTAL. Welcome to this stunning contemporary new construction home, built in 2016 and ideally situated off Ruggles Avenue. This open concept residence is designed for modern living and entertaining, featuring stylish furnishings and high-end finishes throughout.
The kitchen boasts a quartz counter island perfect for gatherings, complemented by new stainless steel appliances. The living room is an inviting space with modern furniture, a gas fireplace, and a large smart TV with satellite services. The first floor also includes a convenient laundry area and a full bathroom with a shower. Upstairs, the second floor features a luxurious primary suite with a king bed, a walk-in closet, and an ensuite bathroom with double sinks, a vanity, a soaking tub, and a large walk-in shower. There are two additional bedrooms with queen beds, a third bedroom with two trundle beds, and another bathroom with a walk-in shower.
The finished basement offers extra living space with an oversized couch and TV, making it a perfect retreat for relaxation or entertainment. Outside, the fenced yard includes a patio and dining area, ideal for summer barbecues, and an outdoor shower for convenience.
This property is perfect for those seeking a modern lifestyle in a prime Newport location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$28,000
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 | $22,400 | $22,400 | $22,400 |
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 | $149 | $149 | $189 |
Total Monthly Payment | $224 | $224 | $264 |
* 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.