54 Hall Avenue, Newport, RI, 02840 | $3,000

Winter 2024-2025 OR 2025-2026! This cozy cottage is Newport's Kerry Hill neighborhood is available for immediate occupancy for this winter, but can also be rented for 2025-2026 (students welcome). Enter into the fully enclosed front porch that offers a year round space to enjoy the sun, have your morning coffee or read a good book. Inside the first level flows effortlessly from the living room into the dining room through to the modern kitchen. A half bath completes this floor. Upstairs you will find three good sized bedrooms and the full bathroom with a skylight for extra brightness. The whole home features hardwood floors and comfortable, stylish furnishings. Through sliding glass doors in the dining room, enjoy access to the back deck complete with patio furniture and a Blackstone grill. For your convenience there is laundry in the basement and plenty of off street parking. Come and make this your home for the winter!

Features

  • Amenities: Highway Access,Near Hospital,Near Schools,Public Transportation,Restaurant,Shopping
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Laundry: Common Area
  • Style: Cabin
  • Year Built: 1900
  • Garage: 1-car Detached,Garage
  • Heating: Baseboard,Oil
  • Cooling: Window Unit(s)
  • Basement: Full,Partially Finished
  • Approx Sq. Feet: 1,188
  • Pets Allowed: No
  • Appliances: Dryer,Dishwasher,Microwave,Oven,Range,Refrigerator,Washer
  • Lease Term Type: Month To Month
  • MLS#: 1370445
  • Website: https://www.raveis.com
    /raveis/1370445/54hallavenue_newport_ri?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

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.

Jason Brown - The Bridge & Bay GroupBroker

401.480.5952

Jason.Brown@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

54 Hall Avenue, Newport, RI, 02840

$3,000

Jason Brown - The Bridge & Bay Group

Broker

William Raveis Real Estate

Phone: 401.480.5952

Jason.Brown@raveis.com

Whitney Rugg

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 $2,400 $2,400 $2,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $16 $16 $20
Total Monthly Payment $91 $91 $95

* 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.