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Once known as Vinecroft, the Lionel Champlin Guest House is a distinctive Victorian that has had only a handful of devoted owners in nearly 140 years. A multi-generational family or group of friends might find this the perfect place to enjoy seaside living all under one roof. A large family might love living in the center of beautiful Jamestown, a minutes' walk to East Ferry and Narragansett Avenue or a 10-minute walk to just about everywhere else. It could continue its long history as a licensed B&B with six figure annual sales and significant upward potential. This unique home offers the warmth and character of a historical dwelling while benefiting from the extensive renovations in 1987 when it was stripped to the studs with new windows, plumbing and wiring. Since then, it has been meticulously maintained with 2 major renovations since 2019. The property boasts 7 unique ensuite bedrooms, a chef's eat-in kitchen, a large sunroom with kitchen, living room, dining room, and family room, a dedicated laundry center in the middle of the property, and a full private apartment on the 3rd floor. The apartment has a full bathroom, half bath with laundry, and a small bonus room. Many rooms have a water view, some sweeping. Also featured are Navien tankless dual boiler system, a house generator, EV charger, 10 off street parking spots, and one of the best front porches in town. Take a look. It's a special place. Apartment Lease renewable by 12-31-2025 Also See MLS 1390429
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,320,000 | $3,320,000 | $3,320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.001% | 5.858% | 5.681% |
| Monthly Tax Payment | $659 | $659 | $659 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,570 | $19,375 | $27,127 |
| Total Monthly Payment | $18,354 | $20,159 | $27,911 |
* 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.