FULLY FURNISHED: AVAIL AUGUST 15 or SEPT 1, 2024- Through May or Mid-June 2025 (Term Negotiable). Includes basic utilities (WITH A CAP), Gas for stove, Water, and Electric (with cap on the electric). Heat and AC via economic mini splits. Tenant pays for cable and/or wifi.
Spend the best time of year in this delightfully bright and sunny one bedroom condo. Located in an end unit on the 2nd (top) floor of SummerWind Mansion. Unit is equipped with everything you need to enjoy a peaceful time in New England. Walk to Easton's beach or Sachuest beach from this condo which is located just a few minutes drive into Newport. Also walkable to wonderful restaurants for breakfast, lunch and dinner!
This is a SUPER QUIET condo in a relaxing/professional building. Enjoy sitting on one of two balconies located off the living room and bedroom. Have your morning coffee and cocktails while gazing at Easton's Beach.
Please note: Decor (curtains, rugs, pillows, textiles, decorations etc. depict current tenants belongings. Unit will have slightly different decor (same furniture) upon rental commencement. Bed will be back on original frame). Free laundry located in basement, shared with one other unit. Easy off street parking. Video tour available.
Sorry no pets per HOA. No smoking in or on property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,300
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 | $1,840 | $1,840 | $1,840 |
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 | $13 | $12 | $16 |
Total Monthly Payment | $88 | $87 | $91 |
* 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.