Spend fall 2024 and spring or fall 2025 in this exclusive contemporary in the Yachting Village. This tastefully appointed home features five luxurious levels of living with a hydraulic elevator to easily access each, and a total of four bedrooms (two-ensuite) and 5 baths offering comfortable sleeping for 10 and a pull-out couch for an additional two more. Enter into the foyer level where there are three bedrooms (one ensuite), two full baths and the laundry with a large freezer. The living level is one flight up and features an open floor plan with a gourmet kitchen, dining for a crowd, a large living area with a dry bar & fridge, gas fireplace and a covered deck facing toward the harbor. The next level offers the primary bedroom ensuite with a fabulous view of the harbor and bridge. This level also offers an office/living area with water views. The top level of the home is the roof deck which offers a spectacular 360 degree view that includes Newport Harbor, Fort Adams, Goat Island and the neighborhood surrounding. The deck is fully outfitted with a bar, gas grill, firepit and an outdoor living/dining area.
This home is fully outfitted with an outdoor shower, Subzero fridge, Wolf range, custom lighting, central air, cat six wiring for high speed wifi and printer, Smart TVs and cable, ping pong table, basketball hoop, landscape lighting, heated floors, Smart blinds, beach closet and various small appliances including an espresso machine.
Available for a minimum of 30 days.
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Our Executive Mortgage Banker:
Our Insurance Division:
$40,000
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 | $32,000 | $32,000 | $32,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $213 | $213 | $270 |
Total Monthly Payment | $288 | $288 | $345 |
* 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.