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Welcome to your perfect summer getaway at 401 Bellevue Ave, Unit #303, located in the historic city of Newport, Rhode Island. Situated on the prestigious Bellevue Avenue, this condo places you just moments away from Newport's iconic mansions, scenic Cliff Walk, beautiful beaches, and vibrant downtown dining and shopping scene. With your private balcony, you'll have an ideal setting for enjoying a morning coffee or an evening glass of wine. Relax and unwind at the refreshing outdoor pool and patio area, providing extra leisure options for your enjoyment. Added amenities include Wi-Fi, dishwasher, and air conditioning. Enjoy peace of mind with secure key fob access, elevator, and dedicated parking. Conveniently located on the RIPTA 67 Trolley route, this condo offers easy access to a variety of Newport's top attractions. Whether you're exploring historic sites, lounging by the beach, or enjoying the local cuisine and shopping, your perfect vacation starts here at 401 Bellevue Ave, Unit #303. Availability & Pricing: 6/1/2025-8/31/2025 - $17, 000 6/1/2025-9/30/2025 - $21, 500 Option to start lease May 22nd, 2025 for an additional $1, 500. Owner's preference is to rent the entire summer term.
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Our Executive Mortgage Banker:
Our Insurance Division:
$21,500
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 |
|
---|---|---|---|
Loan Amount | $17,200 | $17,200 | $17,200 |
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% | 7.025% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $109 | $113 | $144 |
Total Monthly Payment | $184 | $188 | $219 |
* 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.