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19 Cherry Street, Newport, RI, 02840 | $2,100,000
Step back in time with the "Edward Greene Malbone House, " circa 1777, a beautifully preserved and thoughtfully renovated post and beam home. This classic New England colonial was fully-renovated in 2009 and offers a perfect blend of historic charm and modern amenities. The original hand-hewn beams and wide-plank wood floors tell a story of craftsmanship from another era. The residence features three floors of finished space, including a first-floor office and den. The kitchen, although updated for modern convenience, maintains its old-world charm with antique-style cabinetry. The combined dining and living rooms share a fireplace to create an inviting atmosphere. Upstairs, find well-proportioned bedrooms, including a primary suite, that exude warmth with exposed beams and wood finishes. The third-floor bunk room was inspired by the quarters of a classic sailing ship. Designed with a nautical touch, the room is lined with three built-in wooden bunks and an adjoining half bath. It's a whimsical and cozy space perfect for guests, children, or anyone with a love for maritime history. Relax and enjoy the gardens on the bluestone patio or leave your car in the driveway or small detached garage and walk to Newport Harbor, only a block away. Enjoy the sunset, launch your kayak or stroll through the waterfront and pet-friendly, Battery Park. This home, and its idyllic location in the Point neighborhood, epitomizes Newport charm. *NOT IN A FLOOD ZONE.
Features
- Amenities: Golf,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s),Sidewalks
- Rooms: 10
- Bedrooms: 4
- Baths: 2 full / 2 half
- Style: Colonial
- Year Built: 1777
- Garage: 1-car Detached,Garage
- Heating: Baseboard,Forced Air,Gas,Zoned
- Cooling: Central Air
- Basement: Exterior Entry,Full,Interior Entry,Unfinished
- Approx Sq. Feet: 2,277
- Acreage: 0.08
- Est. Taxes: $10,482
- Lot Desc: Corner Lot
- Appliances: Dryer,Dishwasher,Disposal,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Water Heater,Washer
- MLS#: 1369893
- Website: https://www.raveis.com
/eprop/1369893/19cherrystreet_newport_ri?source=qrflyer
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William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
19 Cherry Street, Newport, RI, 02840
$2,100,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,680,000 | $1,680,000 | $1,680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
| Monthly Tax Payment | $874 | $874 | $874 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,408 | $10,208 | $13,839 |
| Total Monthly Payment | $10,407 | $11,207 | $14,838 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB