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Charm and style abound in this quaint cottage located in one of Newport's premier neighborhoods - it makes a perfect backdrop for your Newport adventures! Very well-maintained, offering four bedrooms and 2 full baths. The first-floor primary suite with fireplace offers access to the deck and yard, plus there is an additional first floor bedroom with a full bath. Two bedrooms and a sitting area comprise the second floor. Tastefully furnished in coastal chic, the bookcases flanking the fireplace in the living room are painted a stunning shade of Iris blue to offset the gleaming hardwood floors. The kitchen and baths are new, there is a formal dining room plus a full unfinished basement with expansion possibilities. All is impeccable. Outside, the garage has a separate studio space, four off street parking spaces, patio, deck, outdoor shower and a fenced yard with abundant hydrangeas and many other beautiful plantings. Showings begin at open houses Saturday 5/3 and Sunday 5/4 from 12-2pm. Seller to find suitable housing
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Our Executive Mortgage Banker:
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$1,100,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.613% | 6.183% |
Monthly Tax Payment | $485 | $485 | $485 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,997 | $5,562 | $7,426 |
Total Monthly Payment | $5,606 | $6,171 | $8,035 |
* 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.