Location doesn't get better than this. Two blocks to the waterfront for fishing and swimming, one block to Newport's vibrant downtown coffee, restaurants, and the iconic Point Street stroll are all at your doorstep. This charming home carries the character of an earlier era and is ready for a buyer with vision. A generous yard adds outdoor space that's hard to find in this part of Newport. Priced to reflect its need for updating, the opportunity here is all about location, potential, and value in one of Rhode Island's most sought-after neighborhood "The Point".
Type:
Single-family residential
Basement:
Exterior Entry, Full, Interior Entry, Unfinished
Construction
Aluminum Siding
Utilities
Sewer Connected
Amenities:
Near Hospital, Near Schools, Pool, Public Transportation, Restaurant, Shopping
Appliances:
Dryer, Refrigerator, Water Heater, Washer
4 Third Street, 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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