Avaialble December 1st 2024 - Febuary 28th 2025. An elegant, airy furnished apartment spread over two floors in the heart of beautiful Newport. Four beautifully decorated bedrooms with soft linens await you, along with 2. 5 remodeled baths. The third floor boasts water and Newport Bridge views from the lounge and the adjoining private roof deck has seating for 8. The apartment has central air, full laundry, a fully equipped apartment sized kitchen and 2. 5 baths. The third-floor lounge has an additional bar area with beverage fridge along with a shared grill in the courtyard below. Done in cool, modern tones with luxurious touches, it has the feel of a boutique hotel. The shared garage space has a ping pong table and corn toss for rainy day fun. Private entry way with secure access codes from the shared front hall. The private roof deck is dedicated to this unit while the first unit downstairs has their own courtyard space. The grill in the courtyard is shared by the two units - please leave it clean and ready for use. Please be thoughtful to the neighbors when outdoors. Smoking is not permitted on the property at any time. Responsible tenants and references a must. Wonderful for military short term or a family needing short term accommodations. Sorry, no pets-no exceptions.
Whole house can be rented if additional space is needed.
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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** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.421% | 6.644% |
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.