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This meticulously restored Newport Estate beckons you to step into a world of timeless elegance. Designed by a renowned local builder, the property seamlessly blends historic charm with modern luxury, offering an unforgettable escape for your group.
Imagine unwinding in spacious living areas, perfect for family gatherings or entertaining friends. Eight spacious bedrooms, six full bathrooms within a tranquil retreat for everyone. Unleash your inner chef or enjoy the service of your own private chef in the gourmet kitchen, equipped with top-of-the-line appliances and ample prep space, where culinary masterpieces come to life.
Step outside and discover your private oasis. Lush grounds, meticulously maintained, create a serene backdrop for your escape. Dive into the sparkling heated pool for a refreshing dip on a sunny day or gather around the expansive patio for alfresco dining in the refreshing ocean air. To complete the property, renters have access to a private pool house complete with a private king en-suite, kitchenette and first floor gym.
Explore the vibrant energy of Newport's downtown scene, with charming shops, world-class restaurants, beaches, and historical treasures all within walking distance. Ample on-site parking provides a convenient base for experiencing all that Newport has to offer.
March - May: $10, 000/month
May: $50, 000
June: $70, 000
July: (RENTED)
August: $110, 000
September: $60, 000
October- May 2027: $15, 000/month
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Our Executive Mortgage Banker:
Our Insurance Division:
$70,000
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 | $56,000 | $56,000 | $56,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $309 | $331 | $447 |
| Total Monthly Payment | $384 | $406 | $522 |
* 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.