Charming Expanded Ranch in One of Newport's Neighborhoods. Welcome to this spacious and inviting ranch-style home, perfectly nestled in one of Newport’s neighborhoods. Situated on a double lot, this property offers ample space for children to play, gardening enthusiasts to thrive, and outdoor enjoyment. This expanded home features 3 bedrooms, 3 bathrooms, and a cozy family room complete with a beautiful fireplace. The screened-in porch and large deck provide the perfect setting for relaxing or entertaining during all seasons. Additional highlights include a 2-car attached garage and a versatile detached outbuilding for storage or a potential workshop. This location is close to the Newport Recreation Trails Bike Path, Prouty Beach and North Country Hospital. While the home awaits your personal touch with cosmetic updates, many significant improvements have already been completed, including a newer roof, updated windows, and modernized mechanical systems. The prime location combines peaceful living with unmatched convenience—close to local schools, shopping, parks, and more. Don’t miss the opportunity to turn this well-loved home into your dream property. Location, location, location—schedule your showing today! Delayed showing until 1/1/2025.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $247,920 | $247,920 | $247,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $247 | $247 | $247 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,670 | $1,648 | $2,091 |
Total Monthly Payment | $1,992 | $1,970 | $2,413 |
* 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.