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Live in the Heart of Newport's Iconic Brick Market Place! Welcome to this beautifully furnished two bedroom, two bathroom condominium offering 1, 181 square feet of comfortable, coastal living. Perfectly situated among the charming shops, cafes, and restaurants of Brick Market Place, this multi-level home places you right in the center of everything Newport has to offer. Step inside from the marketplace level entrance and head up to the bright and spacious main floor. The open kitchen features a generous center island with seating, plenty of counter space, and room to dine, ideal for everyday living or entertaining. The living room is warm and inviting, flowing seamlessly onto a western-facing outdoor deck where you can relax and take in Newport's golden sunsets. Upstairs, you'll find two large bedrooms, each furnished with queen sized beds and ample closet space. The grand primary bathroom offers a luxurious retreat with a jetted soaking tub and separate shower. The second full bath features a combined tub and shower, perfect for guests or roommates. The condominium includes two parking spaces (one reserved, one open. ) This property is furnished for a turnkey experience. Winter price is $4000. 00 per month through June. July and August are $10, 000. 00 per month. Year round the fee is $5000. 00 per month. Enjoy the best of Newport living, steps from the waterfront, boutiques, dining, and the vibrant charm of the City by the Sea. You will absolutely love calling this place home!
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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 | $8,000 | $8,000 | $8,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.284% | 5.595% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $47 | $49 | $65 |
| Total Monthly Payment | $122 | $124 | $140 |
* 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.