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Presented by
Diana Newbert |
31 Coddington, #13, Newport, RI, 02840 | $1,695,000
Located in the most forward-facing unit of the complex's side building, this stunning condo offers some of the best views in the development. The standout feature of this complex is its private marina, where every unit is entitled to a floating dock that accommodates vessels up to 37 feet, complete with power and water hookups. Just steps from Newport's finest restaurants, nightlife, and shopping, this fully renovated residence is a rare find. Inside, you'll find wood-like tile floors, granite countertops, and spa-like bathrooms featuring elegant marble and tile finishes. The recently updated hallway includes wood-like tile flooring and wainscoting for a refined touch. This is the only condo in the complex with *natural gas*, featuring a gas range and two gas fireplaces a unique advantage. Enjoy your private terrace overlooking a scenic walking path, perfect for relaxing and taking in water views. Additional highlights include a spacious 10' x 10' storage room plus a separate bicycle storage area. Two dedicated parking spaces, one of which is covered. A marina room with an ice machine, his-and-hers bathrooms, showers, and individual marina storage closets. An on-site exercise room for added convenience. Experience the ultimate waterfront retreat in the heart of Newport with this immaculate, never-before-rented condo. This turnkey residence is ready for you to enjoy this summer don't miss out on this rare opportunity!
Features
- Parking: 2-car
- Heating: Gas,Heat Pump
- Cooling: Central Air
- Amenities: Garden Area,StorageGolf,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
- Rooms: 7
- Bedrooms: 2
- Baths: 2 full
- Laundry: In Unit
- Complex: Yachting Village
- Year Built: 1985
- Common Charge: $1,099 Monthly
- Approx Sq. Feet: 1,256
- Est. Taxes: $7,062
- View: Saltwater,Water
- Pets Allowed: Yes
- Appliances: Gas Water Heater
- MLS#: 1381208
- Website: https://www.raveis.com
/prop/1381208/31coddington_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.
Diana NewbertLuxury Properties Specialist
203.470.0391
Diana.Newbert@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.
Matthew DeMariaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 147983
845.290.3871
Matthew.DeMaria@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
Michael AlvordInsurance Sales Director, William Raveis Insurance
203.925.4507
Michael.Alvord@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
31 Coddington, #13, Newport, RI, 02840
$1,695,000
Diana Newbert
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.470.0391
Diana.Newbert@Raveis.com
Matthew DeMaria
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,356,000 | $1,356,000 | $1,356,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.517% | 6.235% | 6.058% |
| Monthly Tax Payment | $589 | $589 | $589 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,488 | $8,239 | $11,351 |
| Total Monthly Payment | $8,201 | $8,952 | $12,064 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB