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Presented by![]() Kelly Moran |
Available from June 4 through mid-July! The "Firehouse" is a distinguishable building in the Yachting Village located just steps off of Thames St in the heart of downtown Newport. If you love natural sunlight, this unit is for you! This unique third floor unit has a loft penthouse feel featuring vaulted ceilings with skylights, exposed beams, and lots of windows. The central great room with open kitchen is the highlight of the space with light flooding in and views of the harbor. Step out through the French doors to the cozy covered porch where you can watch the sunset or listen to the rain fall. There are two nicely upgraded full bathrooms finished with marble and in each corner of the unit you will find a sunken bedroom. To top it all off, this unit has luxury Viking appliances, central AC, and in-unit laundry. June ($9, 000), July ($15, 000)
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$15,000
Broker Associate
William Raveis Real Estate
Phone: 631.807.2198
Kelly.Moran@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $12,000 | $12,000 | $12,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $76 | $79 | $100 |
Total Monthly Payment | $151 | $154 | $175 |
* 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.