A rare opportunity to own a condo in Newport, located just steps from downtown and all the restaurants and shops of Broadway and Thames Street. This two-bedroom, one-bath residence offers outstanding versatility, making it suitable for full-time living, a weekend retreat, or an investment property. Enjoy a highly walkable lifestyle perfect for buyers seeking prime location, convenience, and long-term value in the heart of Newport. Short-term rental license approval is currently pending.
Laundry Remarks:
Common Area
Garage:
No Garage, Unassigned
Basement:
Full, Interior Entry, Unfinished
Common Charge:
$100 Monthly
Amenities:
Restaurant, Shopping
Appliances:
Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator
21 Spring Street, #3, Newport, RI, 02840
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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