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An updated cottage nestled in the northern neighborhood of Newport, RI. This home offers an ideal blend of modern comforts and classic appeal, with three spacious bedrooms and two updated bathrooms, featuring a deep soaking tub for your relaxation as well as first floor laundry. The modern front porch with composite flooring and wire railings is the perfect setting for a couple of Adirondack chairs, an enjoyable book, and a cold beverage. The eye-catching yellow front door leads into a generous foyer with a custom built in bench and drop zone. The original hardwood floors and staircase finial details are accented by the updated kitchen that is both stylish and functional, with a breakfast bar, pantry nook, and glass French doors that extend the living space to the fenced-in back yard. Outside is a private oasis complete with a composite deck, shed, and dedicated green space that is perfect for entertaining or unwinding. The backyard is an inviting space for summer nights with ample room for a fire pit. Enjoy the benefits of low-maintenance living with vinyl siding, vinyl replacement windows, solar panels, and a newer boiler, ensuring energy efficiency and cost savings. This home has been thoughtfully redesigned by these talented homeowners, including the removal of two walls for better sight lines and adding some trendy barn doors. Convenient off-street parking for two vehicles and a short walk to the vibrant Broadway shops and restaurants make this home a complete package.
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,200 | $599,200 | $599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.154% | 6.248% |
Monthly Tax Payment | $373 | $373 | $373 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,787 | $3,982 | $5,053 |
Total Monthly Payment | $4,252 | $4,447 | $5,518 |
* 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.