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The Tews Brothers House offers the perfect Newport retreat, located within walking distance of downtown Newport and the iconic Bellevue Avenue. This historic residence has been meticulously renovated to include modern comforts while preserving the timeless character of this Historic home. Enter through an oversized covered porch into a proper foyer. Flanked by a light-filled formal dining room and a charming sitting area or office, complete with French doors for privacy. The open concept family room and kitchen create a natural gathering space, ideal for entertaining and everyday living. The first floor is complete with a half bath and laundry. The second floor hosts primary bedroom with spa like en suite bath along with two additional bedrooms that share a beautifully expanded bathroom with a double vanity. The third-floor features finished bonus space, a blank canvas ready for it's next steward. Adding exceptional flexibility, the home features private guest quarters with both an integral and private separate entrance. The living space is home to a living room with electric in-wall fireplace and kitchenette, bedroom, and bathroom perfect for extended family or visitors. Outdoors, enjoy a secluded courtyard, ideal for summer dining or a morning cup of coffee. The property has off-street parking for one vehicle, leave your car and walk to everything Newport has to offer.
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Our Executive Mortgage Banker:
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$1,699,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,359,200 | $1,359,200 | $1,359,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $779 | $779 | $779 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,506 | $8,149 | $11,287 |
| Total Monthly Payment | $8,410 | $9,053 | $12,191 |
* 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.