1 Second Street, Portsmouth, RI, 02871 | $150,000

Set against the backdrop of scenic seaside town of Portsmouth, Rhode Island, this absolutely pristine mobile home mixes an easygoing contemporary living and a coastal lifestyle at an affordable price. Great for those who are downsizing, looking to save on costs or just starting out at home ownership. Perfectly maintained interior in an easy-to-live-in compact space means your mantra will be "minimal upkeep, maximum comfort. " One spacious bedroom and a pretty bathroom allow for comfortable living without any wasted space. Open, light-filled living area flows seamlessly into a fresh, updated kitchen ideal for everyday living. Relax or host friends on the spacious and well-maintained deck. Includes large shed on the property. Fee includes water, septic, trash, snow plowing. Close to amenities such as pick-your-own farms, petting zoo, land trust trails, seaside restaurants, shopping and more. Short drive to cultural hubs of Newport, Bristol and Tiverton. Please note this home is set up to be easily moved to a new???????????????????????????????? location.

Features

  • Amenities: Golf,Highway Access,Marina,Near Schools,Pool,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
  • Rooms: 2
  • Bedrooms: 1
  • Baths: 1 full
  • Style: Manufactured Home
  • Year Built: 2015
  • Garage: No Garage
  • Heating: Forced Air,Other
  • Cooling: None
  • Basement: None
  • Approx Sq. Feet: 532
  • Est. Taxes: $843
  • HOA Fee: $630 Monthly
  • Lot Desc: Corner Lot
  • Appliances: Dryer,Exhaust Fan,Electric Water Heater,Refrigerator,Range Hood,Washer
  • MLS#: 1406185
  • Website: https://www.raveis.com
    /raveis/1406185/1secondstreet_portsmouth_ri?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

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.

Kate SchultzSales Associate

401.266.2242

Kate.Schultz@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
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To learn more about our credentials, visit raveis.com today.

Brianna TurgeonVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2104486

860.625.5780

Brianna.Turgeon@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

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@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

1 Second Street, Portsmouth, RI, 02871

$150,000

Kate Schultz

Sales Associate

William Raveis Real Estate

Phone: 401.266.2242

Kate.Schultz@raveis.com

Brianna Turgeon

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.625.5780

Brianna.Turgeon@raveis.com

NMLS Mortgage Loan Originator ID 2104486

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $120,000 $120,000 $120,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.133% 6.739% 5.952%
Monthly Tax Payment $70 $70 $70
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $691 $768 $996
Total Monthly Payment $836 $913 $1,141

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.