|
Presented by
The Schultz Team |
21 Lee Avenue, Newport, RI, 02840 | $4,500
Available September 1, 2026 - May 31, 2027. Spend the winter in this beautifully renovated four-bedroom, two-bath Colonial located in the heart of downtown Newport. Thoughtfully redesigned with exceptional taste, this home offers a warm, inviting atmosphere with stylish, modern finishes throughout. The first floor welcomes you with a sun-filled living room centered around a stunning see-through fireplace, creating an easy flow into the dining room with seating for six, expandable to eight with a leaf. A brand-new full bathroom and a fully renovated kitchen with stainless steel appliances complete the main level. Just off the kitchen, a south-facing patio surrounded by manicured gardens provides a beautiful setting for outdoor dining, with a table that seats eight - perfect for entertaining or enjoying a peaceful morning coffee. Upstairs, you'll find four well-appointed bedrooms dressed in Serena & Lily bedding, along with a second full bathroom. The property also includes off-street parking for three cars and central air conditioning for year-round comfort. Simply park your car and enjoy all that downtown Newport has to offer, just a few steps from your front door.
Features
- Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Pool,Public Transportation,Recreation Area,Shopping,Tennis Court(s),Sidewalks
- Rooms: 7
- Bedrooms: 4
- Baths: 2 full
- Laundry: Common Area
- Style: Colonial
- Year Built: 1900
- Garage: Unassigned
- Heating: Gas,Hot Water
- Cooling: Central Air
- Basement: Full,Interior Entry,Unfinished
- Approx Sq. Feet: 1,511
- Acreage: 0.1
- Pets Allowed: Yes
- Appliances: Dryer,Dishwasher,Microwave,Oven,Range,Refrigerator,Range Hood,Washer
- Lease Term Type: Month To Month
- MLS#: 1404623
- Website: https://www.raveis.com
/prop/1404623/21leeavenue_newport_ri?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
The Schultz TeamLicensed Real Estate Salespersons
914.523.2005
TheSchultzTeam@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 2166562
302.293.7433
Brian.Shahwan@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
21 Lee Avenue, Newport, RI, 02840
$4,500
The Schultz Team
Licensed Real Estate Salespersons
William Raveis Real Estate
Phone: 914.523.2005
TheSchultzTeam@raveis.com
Brian Shahwan
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $3,600 | $3,600 | $3,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.520% | 5.880% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $21 | $22 | $30 |
| Total Monthly Payment | $96 | $97 | $105 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB