This newly renovated home is located in the heart of Middletown, only a quick drive to Newport and local beaches. Step into a recently updated kitchen with quartz countertops and island. The updated two-zone high efficiency on-demand heat and hot water system makes chilly New England nights a thing of the past. This sweet home also has new electric service with two panels.
The entire second floor is a complete new interior build, featuring a primary bedroom and a luxurious bathroom, with a glass-enclosed shower and a tranquil soaking tub.
An enclosed, newly fenced-in backyard provides a safe haven for pets and offers lots of room for outdoor gatherings, making it ideal for relaxation or hosting friends and family. The newly added laundry area on the second floor, complete with modern appliances, adds a final touch of convenience.
This gem offers easy access to historic Newport, beautiful beaches and the Newport Naval Base. Middletown has a thriving community vibe, perfect for anyone looking to be enveloped by culture and community while enjoying the peace of a peaceful suburb. Don't miss out on the opportunity to call this retreat yours - it's completely move-in ready!
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $525 | $525 | $525 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,674 | $3,717 | $4,716 |
Total Monthly Payment | $4,291 | $4,334 | $5,333 |
* 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.