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Presented by![]() Anna Anton |
If you are a lover of historic architecture, or want to be close to world class yachting activities, you will love living on the Historic Point of Newport, Rhode Island. This renovated Victorian cottage has been lovingly maintained by the present owners and it's in move-in condition. The first floor features an open-concept living, dining, and kitchen area. There is also a first floor office with attached bath that could easily serve as an ensuite primary bedroom/bath or guest room. As you meander from room to room, you will notice the custom crafted wood floors, and bright airy living spaces. The second floor music room is flanked by the roomy and comfortable primary bedroom and master bath and a sun-filled guest room. Additional bedrooms, home office, home-gym, or yoga space offer versatile options for the lucky homeowner. The Secret Garden off the back deck will dazzle every gardener in town. Specimen trees and lush foliage abound and there's even a crescent shaped artistically inspired brick fire pit that is fueled by gas. All of the mechanicals are in ship-shape condition. Available for occupancy late June 2025. Plan your move now!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,150,000
Sales Associate
William Raveis Real Estate
Phone: 401.935.1862
Anna.Anton@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 | $1,720,000 | $1,720,000 | $1,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.739% | 6.309% |
Monthly Tax Payment | $613 | $613 | $613 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,901 | $11,013 | $14,631 |
Total Monthly Payment | $10,639 | $11,751 | $15,369 |
* 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.