Experience the timeless character of Walnut Point, a classic Greek Revival with charm and sophistication. With over 3, 000 square feet of living space spread across 5 bedrooms, 3 baths, and a four-season garden studio, this home offers classic elegance and modern comfort. The lush secret garden is recognized by the Smithsonian as a notable Small Garden of America. Truly outdoor living space crafted for entertaining or a private retreat with a wisteria-covered pergola, bubbling fountains, a koi pond and walking paths to reading nooks. Expansive covered front porch sits above well-appointed stone walls and gardens. High ceilings, four gas fireplaces, multiple living areas, including a fully remodeled kitchen and wet bar are perfect for family gatherings and entertaining. The complete package of a finished home includes a garage space and multiple parking spots. Situated just a short jaunt from town and waterfront parks with boat and kayak launching ramps at the bottom of your street, you can easily live the Newport lifestyle but still enjoy the peace and quiet The Point offers. This home blending history, luxury and lifestyle can be yours to enjoy this summer.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,650,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,120,000 | $2,120,000 | $2,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 7.014% | 6.790% |
Monthly Tax Payment | $760 | $760 | $760 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,881 | $13,927 | $18,613 |
Total Monthly Payment | $13,766 | $14,812 | $19,498 |
* 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.