Welcome to the Newport Car Vaults where luxury and practicality harmonize seamlessly. This stunning car vault rental offers a unique feature that sets it apart from the rest a lavish Luxury Car Vault that will undoubtedly captivate automotive enthusiasts and connoisseurs alike. As you step inside, you'll be greeted by the grandeur of 25-foot ceilings, creating an expansive and awe-inspiring atmosphere that fills every corner of this 1022-square-foot space. The sense of space and volume is truly remarkable and creates endless possibilities. Venture upstairs to discover a spacious mezzanine area, perfectly suited for a variety of uses - from a private office retreat to an elegant lounge for relaxation or entertainment. Convenience is key, and this property offers a well-appointed half bathroom, providing added comfort and functionality to this exceptional space. Not only will you find plenty of space for your vehicles, but you will also have an exterior parking space onsite. There is availability to connect to the internet, cable, and phone if needed. Location is paramount, and this property enjoys easy access to everything Aquidneck Island has to offer. The wall that separates them can be taken down to offer over 2, 000 sq ft! Please note that the garage vaults are not used for residential or commercial use. Schedule your showing today to see this spacious luxury car vault!
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,400 | $2,400 | $2,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $16 | $16 | $21 |
Total Monthly Payment | $91 | $91 | $96 |
* 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.