Available 9/1/24 to 5/31/25, this perfectly furnished 2-bedroom home is located in the Quatrefoil mansion, amidst beautifully landscaped trees and estates in one of Newport's most desirable locations. Quatrefoil is just moments from the Cliff Walk and the Atlantic Ocean, Salve Regina University, the Ocean Drive, and Bellevue Avenue's shopping, cafes, restaurants and tennis. This 3-season rental (spectacular autumn, peaceful winter and blossoming springtime) benefits from a sunny, bright, and cheerful position on the southwest corner of the mansion, with beautiful light and lush treetop views. The living room has wonderful proportions, five tall windows, a dining table for 4, and a discreet yet open kitchen. Upstairs, there are two bedrooms; one with a queen-size bed, and the second with a queen-size trundle bed, able to be used as a library/guest/office if desired. One windowed bathroom, a powder room, four closets, well-selected furniture and well-appointed soft goods provided (sheets, towels, dishes, etc. ). Sorry, no pets. Tenant shall pay for utilities. The building is professionally managed while the landlord is experienced and reasonable. 2 EASY PARKING SPACES, DESIGNATED BASEMENT WASHER-DRYER, and USE OF ESTATE GROUNDS are all included.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,600
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 | $2,080 | $2,080 | $2,080 |
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 | $14 | $14 | $18 |
Total Monthly Payment | $89 | $89 | $93 |
* 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.