Presented byThe Aquidneck Team |
The rental located at 62 Dixon #3 in Newport, RI 02840 is a unique loft-style third-floor unit with 2 bedrooms and 1 bathroom. This charming space features exposed beams that add character and charm to the living area. The hardwood floors throughout the unit give it a warm and inviting feel.
The kitchen boasts elegant granite countertops, ample cabinet space for storage, and high-end stainless steel appliances, making it a functional and stylish area for cooking and entertaining. The open layout of the loft creates a spacious and airy atmosphere, perfect for modern living.
One of the highlights of this rental is the large outdoor private deck, offering residents a tranquil outdoor space to enjoy the views of the harbor and soak up the natural beauty of the surroundings. Additionally, the convenience of parking adds to the appeal of this property, providing ease and accessibility for residents with vehicles.
Overall, this loft unit combines modern amenities with classic architectural details, creating a comfortable and stylish living space in the heart of Newport for this summer. Available for July and August. Unit can be rented for each month or both months combined.
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Sales Associates
William Raveis Real Estate
Phone: 401.640.0807
AquidneckTeam@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 | $4,800 | $4,800 | $4,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.204% | 7.295% | 6.412% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $32 | $32 | $41 |
Total Monthly Payment | $107 | $107 | $116 |
* 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.