398 Wolcott Avenue, #4, Middletown, RI, 02842 | $2,300

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.

Features

  • Amenities: Near Schools,Restaurant
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Year Built: 1890
  • Garage: No Garage
  • Heating: Electric,Heat Pump,Oil
  • Cooling: Ductless
  • Basement: Full,Interior Entry,Unfinished
  • Approx Sq. Feet: 648
  • View: Saltwater,Water
  • Pets Allowed: No
  • Appliances: Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator
  • Lease Term Type: Month To Month
  • MLS#: 1354415
  • Website: https://www.raveis.com
    /prop/1354415/398wolcottavenue_middletown_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Warner Realty Group   Phone: 401-236-8685

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

398 Wolcott Avenue, #4, Middletown, RI, 02842

$2,300

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

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.