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Authentic old-world Americana, Warwick’s hamlet of Amity has rich roots with its equestrian farms and fields and town and country lifestyle. It also holds a place in the history books for rare rocks and minerals (Warwickite, Clintonite, and Edenite) that were discovered here in the early 1800s. Newport Bridge Road was the gateway to this Eden and the historic landmarks . The homes here have heritage and offer a rustic elegance rarely found in today’s mass market world. Hand-hewn beams, native rock and original architectural details are the highlight of this 2- bedroom, 2. 5 bath home that’s been upgraded for modern living. Featuring radiant heating, newly resurfaced antique soaking tubs, a new outdoor hot tub area and 3 levels of living space, 114 Newport Bridge is a rare gem. The kitchen looks plucked from the pages of a Martha Stewart magazine, the spiral staircase in the main living room is an architectural art piece and the wood burning fireplaces offer an ambience like none other. Enjoy running the country roads? A mile away you’ll find emus and peacocks to greet you, maybe even the occasional reindeer for the holidays, at one of the nearby farms that’s open to the public and has a market with local provisions. Or if slow morning are more your thing, the Juliet balcony is the perfect perch for a slow morning with a cup of coffee. By night, enjoy the wraparound deck for grilling and lounging and as the sun sets watch the stars under a dark sky while relaxing in the hot tub. Throughout the seasons the landscape comes alive with raspberry bushes, iris gardens and spring blooms. While quiet seclusion is the lure of this area, Warwick’s thriving downtown shops and restaurants are just minutes away. Property is currently an active STR.
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Our Executive Mortgage Banker:
$600,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
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 | $480,000 | $480,000 | $480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $456 | $456 | $456 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,955 | $3,073 | $4,018 |
| Total Monthly Payment | $3,503 | $3,621 | $4,566 |
* 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.