Attention builders, investors, flippers. Waterviews in Newport of Easton's Pond, across to Easton's Beach, and the Cliff Walk. Sited on a 14, 810 sf (. 34 acre) rectangular lot, this three-bed, one-bath Cape still has much of its original character and charm. The large south-facing family room, with its sunny water-facing views and deck that opens to the backyard, is a gem of possibility for an additional bed, suite, and square footage. The primary bedroom also has views facing the water and a walk-in closet, with eaves that offer room to expand. Situated on the edge of the Kay and Eustis neighborhood, Easton's Pond is beloved by locals for its diverse birding, wildlife, and pedestrian access to the beach. Hop on just a block away and enjoy a cruise to the Cliff Walk. Conveniently located near Newport Hospital, Braga Park, and a short commute to highways. Beaches, Bellevue, and downtown are close by in a few minutes. Close enough to everything, but tucked away enough to have your own slice of Newport. Also listed on MLS as vacant land #1396799
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $792,000 | $792,000 | $792,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $347 | $347 | $347 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,435 | $4,812 | $6,630 |
| Total Monthly Payment | $4,873 | $5,250 | $7,068 |
* 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.