Welcome to your dream home, where renovated charm meets modern convenience! Great location! Just steps from the Newport Harbor and its array of restaurants and boutiques. Boasting 4 bedrooms and 3. 5 baths, it provides ample space for family and guests. The main entrance has a welcoming covered porch, with a charming swing to relax. Step inside to an open floor plan featuring high ceilings, wood floors, and delightful stained-glass accents. The living area offers a cozy space for gatherings, anchored by a gas fireplace and a seamless flow into the dining area and kitchen. For culinary enthusiasts, the kitchen is a standout. A chef's paradise-equipped with a 6 burner stove top with griddle, double oven and stylish hood, a spacious marble island, farmer's sink, seating, and ample counter space. A 12-foot bi-fold glass door opens from the kitchen to a private deck and fenced yard, creating effortless indoor-outdoor flow. Tray ceiling lighting casts a warm glow over the kitchen, perfect for entertaining. Step outside to your fenced and landscaped yard, complete with perennial gardens and private fire pit area. Upstairs, discover four bedrooms, including a primary suite with double vanity bath, tiled glass shower, and refined finishes. There is a walk up attic with expansion opportunity with water views, basement with bath, two car garage, and parking. Don't miss the opportunity to call this exquisite property home or use for investment! Currently rented to June 14, 2025
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,650,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,320,000 | $1,320,000 | $1,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $664 | $664 | $664 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,495 | $8,235 | $11,050 |
Total Monthly Payment | $8,284 | $9,024 | $11,839 |
* 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.