160 Webster Street, Newport, RI, 02840 | $2,985,000

Welcome to Sea Mist - a midcentury style contemporary nestled in the heart of the Ochre Point Historic District and A short distance from the world- famous Cliff Walk, and historic mansions. Hidden behind massive Rhododendrons is a semi-circular driveway flanked by handsome fieldstone stone pillars. The heart of the home features a striking double sided gas fieldstone fireplace adding drama to the open living dining room combination. One wing of "Sea Mist" has the primary bedroom with an ensuite bathroom and French doors that lead to a private teak deck. There are two other bedrooms on the main level, two more bathrooms and an office. This home is sited on a one/ half acre landscaped oasis of mature landscaping with all the rooms having sliders that access the various teak decks and the green space beyond. The rear garden - really two " rooms" provide beauty and privacy. There is an attached two car garage, central air conditioning, a finished lower level with wood burning fireplace and another room with bathroom. The home is in the of the world-famous Ochre Point neighborhood and this property with the right permits could be substantially modified to your specifications.

Features

  • Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 4 full
  • Style: Contemporary
  • Year Built: 1976
  • Garage: 2-car Attached,Garage
  • Heating: Central,Forced Air,Gas
  • Cooling: Central Air
  • Basement: Full,Partially Finished
  • Approx Sq. Feet: 3,689
  • Acreage: 0.46
  • Est. Taxes: $12,710
  • Appliances: Dryer,Dishwasher,Disposal,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Water Heater,Washer
  • MLS#: 1371151
  • Website: https://www.raveis.com
    /eprop/1371151/160websterstreet_newport_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Gustave White Sotheby's Realty   Phone: 401-849-3000

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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

160 Webster Street, Newport, RI, 02840

$2,985,000

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 $2,388,000 $2,388,000 $2,388,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment $1,059 $1,059 $1,059
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,372 $14,703 $19,830
Total Monthly Payment $14,556 $15,887 $21,014

* 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.