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Summer WEEKLY rentals!!! Recently renovated, this stunning waterfront property on Narrow River is fully-furnished and available for a winter rental. Minutes from Narragansett and Bonnet Shores, this fresh yet charming retreat boasts unobstructed water views from the living spaces as well as from the enormous wrap-around deck. Enjoy entertaining or relaxing on the deck, the patio below, the spacious yard with fire pit, or the private dock. On the main level, a massive living room that boasts cathedral ceilings, tons of windows, and a fireplace opens to a dining area surrounded by more gorgeous water views. Brand-new appliances, cabinetry, countertops, and fixtures illuminate the sparkling white kitchen, enhanced by a skylight and large window above the sink. The main level also features a guest room with double bunk beds and a master with abundant closet space. On the lower level, the walk-out basement has supplemental living and entertaining spaces in addition to a brand-new washer and dryer. Beautiful finishes and attention to detail, along with convenient access to the highway, beaches, schools, shopping, and restaurants, as well as URI and Newport, make this a truly special space for you and your family, friends, or both! June 14-June 21 - $2, 800 | June 21-June 28- $3, 150 |July 13-July 20th - $3, 500
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $2,240 | $2,240 | $2,240 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.095% | 7.141% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $14 | $15 | $19 |
Total Monthly Payment | $89 | $90 | $94 |
* 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.