Presented byCarolann Blomberg |
Welcome to "Aufenthalt, " (Stay A While) a captivating historic residence situated right in the heart of the coveted Kay Street-Rhode Island Avenue neighborhood. This significant shingle style home, designed by the renowned architect Clarence S. Luce and built in 1882, is a rare 2-1/2 story Queen Anne-style home listed on the National Register. The exterior, characterized by its stucco, wood trim, and shingling, exudes timeless elegance & craftsmanship. This prominent residence spans 5, 000 sq ft, offering 5 beds and 5. 1 baths with an office and a den all showcasing exquisite period details throughout. The interior and exterior restoration seamlessly blends historical charm w/ fresh modern comforts. Sited on an approx. 13, 000 sq ft lot w/ numerous new plantings and greenery and anchored by a magical pine trellis and twinkling lights, the stylish private outdoor space of bluestone patio and outdoor fireplace provides a tranquil retreat for relaxation & entertaining. This in-town house presents a great opportunity for a large family and/or avid entertainers. The property's clamshell driveway & 3-car garage further enhance its appeal. Ideally located within walking distance to town, Bellevue Avenue and Broadway shops and restaurants. "Aufenthalt" epitomizes the old ways of Newport while living in a fresh new light. With its rich history, versatile layout, and prime location, this distinguished property at 80 Kay Street, Newport invites you to become part of its storied legacy.
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Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,785,000
Sales Associate
William Raveis Real Estate
Phone: 860.753.0383
Carolann.Blomberg@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.585.3916
Bobby.Kazarian@raveis.com
NMLS Mortgage Loan Originator ID 1875225
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,028,000 | $3,028,000 | $3,028,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.738% | 6.559% |
Monthly Tax Payment | $2,194 | $2,194 | $2,194 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,912 | $19,389 | $26,170 |
Total Monthly Payment | $20,231 | $21,708 | $28,489 |
* 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.