Discover the charm of this elegant one-level condo in the historic Eastbourne Lodge, situated in the desirable Kay/Catherine neighborhood. This bright southwest corner unit benefitting from abundant natural light boasts its own private 400+ sq ft terrace, perfect for outdoor dining, entertaining, or unwinding. The open kitchen and great room feature a gas fireplace and custom cabinetry. The kitchen includes bar seating, a gas cooktop, quartz countertops and backsplash, and a beverage fridge. Two large bedrooms, one with a gas fireplace, offer impressive walk-in closets and luxurious bathrooms with marble-topped vanities and custom marble mosaic floor tiles, allowing either to serve as the primary suite. An office off one bedroom can also function as extra sleeping space. Elegance is found throughout, with a welcoming foyer, beautiful hardwood floors, high ceilings, classic wainscoting, crown molding, and a half bath with stylish wallpaper. Accessible by a grand staircase or an elevator, this second-floor condo also offers a large common rooftop deck with Newport views. Conveniently located near Easton's Beach, Bellevue Avenue, and downtown Newport, it includes a spacious private storage room in the basement. While the building has historic charm and appeal, it was converted into condos in only mid-2017, making the systems just over 7 years old. This sophisticated condo residence perfectly combines historic allure with modern convenience.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,825,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,460,000 | $1,460,000 | $1,460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.502% | 6.220% | 5.781% |
Monthly Tax Payment | $1,059 | $1,059 | $1,059 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,062 | $8,871 | $12,026 |
Total Monthly Payment | $9,246 | $10,055 | $13,210 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.