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WEEKLY SUMMER RENTAL ONLY. . *** REDUCED RATES FOR MAY , EARLY JUNE , SEPT & OCT ***Enjoy privacy and close proximity to the ocean in this charming 3+ bedroom, 3. 5 bath home located on a private road in the Green Hill Beach area. Three levels of finished living space makes this a comfortable rental for the 8 guests it will sleep. A first floor master suite w/a queen size bed , a guest 1/2 bath and laundry , an open modern kitchen w/eat-in kitchen and a large open living room completes the main level living space . Upstairs you will find a large bedroom w/a queen bed and 2nd floor deck . A full bath w/shower and a second bedroom w/2 twin beds . The lower walk-out level is a perfect spot for extra , private sleeping or utilizing as another hang-out spot. A queen size sleep sofa and a twin daybed give renters options. A full bath w/shower can be found here. The backyard deck overlooks the private back yard . A screened porch is a perfect dining area for al fresco dining . A private parking pass to the Hill Association ocean Beach is provided . After a day at the beach , enjoy the outside shower and comfort of the AC in the cottage. Free WIFI . Beds have pillows, blankets and spreads only, linens and towels are not provided . A 5 minute walk to the private beach and a 15 min drive to Watch Hill or Narragansett and less than 30 min to Newport.
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William Raveis Real Estate
Phone: 888.699.8876
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $3,000 | $3,000 | $3,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.132% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $17 | $18 | $24 |
| Total Monthly Payment | $92 | $93 | $99 |
* 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.