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Presented by
Monica Smith |
5 Cliff Avenue, Newport, RI, 02840 | $3,300
Winter Furnished rental. Updated 2 bedroom, 2. 5 bath unit plus bonus room in a ranch-style duplex that is just a short walk to First Beach and the Cliff Walk! This pet-friendly duplex unit overlooks First beach and enjoys winter ocean views from the kitchen and bedroom. Two off-street parking spaces, a small yard, patio and a finished basement with a bonus room. The remodeled kitchen is fully stocked and has a high top bar that seats four and stainless steel appliances. Walk-out basement to hardscaped patio and lawn area. Bedrooms are equipped with wall mounted flat screen televisions. Washer and dryer located downstairs. Water/sewer, wifi and lawn maintenance included, tenant to pay electric. Upstairs bedrooms have King and Queen sized beds, bonus room has two twin beds and the downstairs TV area has a leather sleeper sofa. Linens are not included.
Features
- Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Shopping,Tennis Court(s)
- Rooms: 7
- Bedrooms: 2
- Baths: 2 full / 1 half
- Laundry: In Unit
- Style: Ranch
- Year Built: 1971
- Garage: No Garage,Unassigned
- Heating: Baseboard,Electric
- Cooling: None
- Basement: Exterior Entry,Full,Finished,Interior Entry
- Approx Sq. Feet: 2,262
- Acreage: 0.42
- View: Saltwater,Water
- Pets Allowed: Yes
- Appliances: Dryer,Dishwasher,Exhaust Fan,Electric Water Heater,Disposal,Microwave,Oven,Range,Refrigerator,Washer
- Lease Term Type: Month To Month
- MLS#: 1378868
- Website: https://www.raveis.com
/prop/1378868/5cliffavenue_newport_ri?source=qrflyer
William Raveis Family of Services
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.
Monica SmithSales Associate
617.974.7020
Monica.Smith@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Scott PetersenVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 32556
339.224.0866
Scott.Petersen@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Nicole DelaneyInsurance Sales Director, William Raveis Insurance
781.724.3515
Nicole.Delaney@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5 Cliff Avenue, Newport, RI, 02840
$3,300
Monica Smith
Sales Associate
William Raveis Real Estate
Phone: 617.974.7020
Monica.Smith@raveis.com
Scott Petersen
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 339.224.0866
Scott.Petersen@raveis.com
NMLS Mortgage Loan Originator ID 32556
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $2,640 | $2,640 | $2,640 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.500% | 7.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.058% | 7.176% | 6.298% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $17 | $18 | $22 |
| Total Monthly Payment | $92 | $93 | $97 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB