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WINTER LEASE Immerse yourself in the historic charm of Newport with this inviting 2-bedroom, 1-bathroom condo located at 37 William Street #1. Situated in the heart of Newport, this furnished winter rental seamlessly combines vintage allure with modern comforts. Step inside to discover a meticulously maintained space where original architectural features blend harmoniously with contemporary conveniences, offering a truly enchanting living experience. Thoughtfully designed, this condo provides ample room for comfortable living, with two bedrooms offering privacy and relaxation, and a well-appointed bathroom ensuring convenience. Retreat to your own private oasis on the secluded deck, perfect for enjoying al fresco dining or sipping morning coffee amidst lush greenery. With a central location, everything Newport has to offer is at your fingertips from strolls to the beach to exploring downtown's vibrant scene and savoring culinary delights at nearby restaurants. Discover the epitome of coastal living in Newport with this charming condo on William Street. Owner will consider utilities included at an adjustment price.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@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 | $2,000 | $2,000 | $2,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.649% | 5.764% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $12 | $13 | $16 |
Total Monthly Payment | $87 | $88 | $91 |
* 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.