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Experience the allure of Newport's historical charm at 23 Willow Street, where a storied 19th-century sea captain's home awaits. Rhode Island Monthly Magazine voted Willow Street as one of the best streets to live on in the entire state. This majestic property in The Point neighborhood offers a rare opportunity to own a piece of Rhode Island's rich maritime heritage. Just under 2, 000 sq ft with 5 beds & 3 full-baths. From original wide-plank wood floors to distinctive architectural details, this house exudes an authentic old-world ambiance. Entertain guests or enjoy solitude in the picturesque secret garden, complete with a Belgian-block patio. The added convenience of a 2-car driveway is a prized feature in this historic area. Sited one block from the harbor on tree-lined Willow & Second streets overlooking the majestic St. John's church. 23 Willow Street is tucked just off the bustle of America's Cup Avenue and a few blocks from the vibrant Newport Shipyard. The Point neighborhood is home to fishermen and diplomats alike. Listen to the church bells and absorb the bliss of a timeless life in this quintessential Newport colonial. Walk into town or just kick back at Storer Park and catch the sunset over the Pell Bridge. This property and its idyllic siting/location epitomizes Newport charm. Offered in "As Is" condition 23 Willow invites you to infuse your vision into its venerable structure and live the Newport dream.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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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 | $956,000 | $956,000 | $956,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.750% | 5.625% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.878% | 5.732% | 5.555% |
| Monthly Tax Payment | $902 | $902 | $902 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,987 | $5,503 | $7,748 |
| Total Monthly Payment | $6,014 | $6,530 | $8,775 |
* 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.