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Nestled in Newport, this charming 1-bedroom, 1-bathroom condo offers a perfect blend of comfort and convenience. With its prime location just minutes from Easton Pond, Easton Bay, and the iconic Cliff Walk, you'll be able to enjoy all of what this coastal community has to offer. You'll first notice the natural light pouring through the windows into the well-sized living area complete with a sliding glass door to a private west facing deck. The stunning views of Easton Pond, Easton Bay, and the beautiful surrounding landscape make this space ideal for relaxing or entertaining. The cozy kitchen offers all the essentials for preparing your favorite meals. The spacious bedroom provides a tranquil retreat, and the bathroom is clean and spacious. Whether you're looking for a year-round residence, a seasonal getaway, or an investment property, this condo offers coastal living at its finest. Enjoy easy access to scenic outdoor activities, dining, shopping, and historic sites that make Newport a beloved destination. Don't miss your new home or getaway!
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Our Executive Mortgage Banker:
Our Insurance Division:
$609,900
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 | $487,920 | $487,920 | $487,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $359 | $359 | $359 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,044 | $3,205 | $4,084 |
Total Monthly Payment | $3,495 | $3,656 | $4,535 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.