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Presented by
Lisa Siapanides |
19 19.5 Third Street, Newport, RI, 02840 | $1,595,000
This is a rare opportunity to own two historic homes in Newport's oldest waterfront community, the beloved Historic Point neighborhood. Residents enjoy quick, walkable access to all that Newport offers, along with two waterfront public parks and several public water-access causeways. The Baxter and Gladding cottages both dating to the mid-nineteenth century are connected by a shared breezeway that also features its own street entrance through a fenced front yard. Each two-bedroom home has a separate front door and access to a private backyard. Utilities and kitchens have been updated, and each house is equipped with mini-split HVAC for modern climate control in addition to Navien systems. Multi-family zoning allows for flexibility regarding owner occupied rental or single family living. Schedule an appointment to view this uncommon offering and experience a remarkable location rooted in Newport's early history.
Features
- Amenities: Highway Access,Marina,Near Hospital,Pool,Public Transportation,Shopping
- Rooms: 9
- Bedrooms: 4
- Baths: 2 full / 2 half
- Style: Cabin,Historic/Antique
- Year Built: 1860
- Garage: No Garage
- Heating: Baseboard,Electric,Forced Air,Gas,Hot Water,Zoned
- Cooling: Ductless,Central Air
- Basement: Crawl Space,Unfinished
- Approx Sq. Feet: 2,302
- Acreage: 0.06
- Est. Taxes: $8,422
- Appliances: Gas Water Heater,Tankless Water Heater
- MLS#: 1404718
- Website: https://www.raveis.com
/eprop/1404718/19195thirdstreet_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.
Lisa SiapanidesLicensed Real Estate Salesperson
914.804.0412
Lisa.Siapanides@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.
Vincent DiMellaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 24240
914.494.1459
Vincent.DiMella@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
19 19.5 Third Street, Newport, RI, 02840
$1,595,000
Lisa Siapanides
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 914.804.0412
Lisa.Siapanides@raveis.com
Vincent DiMella
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.494.1459
Vincent.DiMella@raveis.com
NMLS Mortgage Loan Originator ID 24240
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,276,000 | $1,276,000 | $1,276,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.110% | 5.932% |
| Monthly Tax Payment | $702 | $702 | $702 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,145 | $7,650 | $10,596 |
| Total Monthly Payment | $7,972 | $8,477 | $11,423 |
* 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