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This beautifully furnished first-floor two-bedroom residence is ideally positioned on a quiet, tree-lined street in Newport's coveted Top of the Hill neighborhood, just moments from downtown, fine dining, and waterfront amenities. Rich in character and timeless elegance, the home features soaring ceilings, intricate crown molding, refined architectural details, two-toned hardwood floors, and oversized windows that bathe the space in natural light. The gracious living room is anchored by a wood-burning fireplace, while the thoughtfully updated kitchen showcases new appliances (2025) and French doors that open to a private deck fully equipped with outdoor furniture and a BBQ grill perfect for entertaining or quiet mornings. The spa-inspired full bath offers a jacuzzi tub and double rain shower, accompanied by a stylish half bath, with additional highlights including central air, in-unit laundry, and tasteful furnishings throughout for a seamless, turnkey living experience. A rare luxury in Newport, the private driveway accommodates up to three vehicles. Rent includes furnishings, parking, snow and refuse removal, tenant responsible for utilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,250
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 | $3,400 | $3,400 | $3,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $20 | $21 | $28 |
| Total Monthly Payment | $95 | $96 | $103 |
* 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.