FLEXIBLE SUMMER 2024 rental dates. July $39, 900 and August $39, 900 The 2, 856 sqft home is steps from the start of Newport's famous Cliff Walk, Chanler Inn, First Beach and minutes from downtown Newport. BRAND NEW EXPANSIVE PATIO that surrounds NEW SALT WATER 20 x 40 INGROUND POOL with cedar wood outdoor shower. This bright and open concept, freshly painted home has 4 bedrooms with 4 full bathrooms, and a den. The first bedroom has amazing OECEAN VIEWS with a king size bed and a spacious bathroom & walk in closet. The second bedroom has a queen size bed and a large bathroom with loads of closet space. The third bedroom has a queen size bed and ocean views. The fourth bedroom has 2 full size beds, ocean view & good closet space. The family room has a queen sleeper sofa. The open concept fully outfitted kitchen has an induction stove, microwave, refrigerator, dishwasher and wine cooler. The first floor laundry room is conveniently located off the kitchen with full size washer and dryer. The house features new high end beautiful wood look vinyl flooring throughout. There is an electric fireplace and a classic brick fireplace. There are 3 75 large screen LED TVs on the main level. Driveway can easily accommodate 4 cars and 4 additional in the garage. The backyard has sweeping views, screened in three season porch with dining set and flat screen TV, new cozy outdoor furniture, new fire pit and a gas grill. 2 E bikes! Note: Updated backyard landscaping completed May 2024.
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Our Executive Mortgage Banker:
Our Insurance Division:
$39,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $31,920 | $31,920 | $31,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $220 | $212 | $274 |
Total Monthly Payment | $295 | $287 | $349 |
* 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.