54 Second Street, a fully renovated summer escape, is nestled within the coveted historic Point neighborhood. The Ewart House, circa 1895, is a three-bedroom and one-and-a-half-bath, tastefully designed home that offers comfort and sophistication. Offering the classic charm of a historic home, with the modern conveniences of central AC, cable, internet, a beautifully appointed cook's kitchen, high ceilings, and in-unit laundry. Comfortable living with space to lounge, work remotely, sleep in, commune with friends and family, or as a jumping-off point for sailing and beach adventures. Enjoy a summer cocktail on the brick patio while grilling 'today's catch' in your private backyard, ideal for al fresco dining or take in the calm of the early morning with your coffee. You'll fall in love with Newport, over and over again, while living in the sought-after Point neighborhood with its tree-lined streets, nearby parks, waterfront, beaches, local shops & boutiques, and James Beard & Michelin-rated restaurants just a stroll away. Available for rent on a monthly basis for June & September at $10, 000 per month; July & August for $15, 000 per month.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
Our Insurance Division:
$10,000
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 | $8,000 | $8,000 | $8,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.171% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $54 | $53 | $69 |
Total Monthly Payment | $129 | $128 | $144 |
* 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.