Recently updated 4 BDRM/2 BA MIDDLETOWN CAPE FOR 1/13/25 MOVE-IN.
1, 959 sqft of living space, 2 car garage & loads of additional storage located close to NAVSTA Newport & NUWC. Large kitchen with new stainless steel refrigerator, dishwasher, hood, black electric range & lots of cabinet & counter space. Kitchen & two bathrooms have ceramic tile floors & remainder of house has new vinyl plank flooring. Full bath with tub/shower locates on both floors along with two bedrooms on each floor. A large deck off the kitchen overlooks a private back yard. This private oasis is great for quietly relaxing after a hard day at work or entertaining your family or friends with weekend BBQs.
The lower level has a family room with dry bar & another room that can be used as a game room, den, gym or for additional storage, & a laundry area that contains hookups for a washer and dryer. There is an oversize 2 car garage & off-street parking for 4 additional vehicles. Other amenities include new energy efficient windows and doors, cable/internet ready, new remote garage door opener, gas baseboard heat, gas hot water & municipal water & landscaping provided by owner.
Conveniently located 5 miles from Newport's downtown & harbor area containing numerous restaurants, shopping opportunities & entertainment venues & only 40 minutes to Providence & 60 minutes to Boston. NO SMOKING/NO VAPING and Pets (dogs) are negotiable (certified service & ESA excluded). Background, credit check & references rqd.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,325
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 | $2,660 | $2,660 | $2,660 |
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 | $18 | $18 | $23 |
Total Monthly Payment | $93 | $93 | $98 |
* 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.