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"Terrazzo Sasso" is a stately, renovated Victorian retreat offering timeless Newport charm and modern comfort. Set on a beautifully landscaped half-acre, this elegant residence is ideal for extended families or groups, featuring 6 bedrooms, 4. 5 baths, and sleeping up to 10 guests. Designed for entertaining and relaxation, the home offers multiple gathering spaces, including a sunroom, family room with gas fireplace, library sitting room, wet bar, and playroom with ping pong table. The chef's kitchen features two refrigerators, a walk-in pantry, and ample space for cooking and hosting. Upstairs, the primary suite includes a king bed, walk-in closet, and en-suite bath with soaking tub and shower. A twin bedroom with en-suite bath and a wing with two bedrooms each with twin beds sharing a full bath complete the second floor, along with a convenient laundry area. The third floor offers a queen bedroom with an alcove sitting area, a peek of water views, and a full bath. Outdoors, enjoy a brick patio, wood-fired pizza oven, built-in grill, koi pond, and outdoor heaters. Central air is on the main and third floors, with freestanding A/C units in the second-floor bedrooms. With multiple living and entertaining spaces, lush gardens, and plenty of parking, Terrazzo Sasso offers the perfect setting for multi-family gatherings or a memorable Newport summer among family and friends.
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Our Executive Mortgage Banker:
Our Insurance Division:
$25,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $20,000 | $20,000 | $20,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.132% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $110 | $120 | $159 |
| Total Monthly Payment | $185 | $195 | $234 |
* 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.