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Offering a late 19th century architecturally-authentic home in the Point section of Newport. With 5, 000 square feet of land just 1 block from the water, this house has been completely reconstructed both inside and out.
Some of the numerous features are: off-street parking for 4 cars, designer granite counters, oversized wide-board colonial oak flooring featuring a graphic star in the adjoining living room, a gas fireplace with a handcrafted mantle, wainscoting that adorns the entirety of the living room walls, state-of-the-art appliances, a kitchen pantry that will make storage and serving guests a dream, a wet bar that features a wine and beverage cooler, individual room HVAC so each room can be set a specific temperature, 4 bedrooms with ensuite bathroom with temperature-controlled heated floors, a third-floor office/bedroom/work out room that has a panoramic view of the Newport Harbor and the Pell Bridge, and lastly, a below-level suite that has a working kitchen, its own bedroom, full bathroom, laundry facilities, and sitting area.
This house is conveniently located close to many wonderful attractions. It is a 20-minute walk to Bowen's Wharf, a 10-minute walk to Brick Market, and a 2-minute walk to the waterfront park that overlooks Newport Harbor and the Newport Bridge.
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:
$2,495,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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---|---|---|---|
Loan Amount | $1,996,000 | $1,996,000 | $1,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.637% | 6.309% |
Monthly Tax Payment | $851 | $851 | $851 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,490 | $12,616 | $16,978 |
Total Monthly Payment | $12,466 | $13,592 | $17,954 |
* 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.