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Set in Newport's Yachting Village, this late 19th-century home has been thoroughly renovated with a clear respect for its original character. Behind the classic shingle exterior, major systems have been addressed; Icynene insulation, Anderson windows, heating, electrical, plumbing systems are all updated, offering the comfort of new construction within a historic footprint. Original douglas fir floors bring warmth and authenticity throughout, complemented by thoughtfully selected hardware that feels consistent with the home's era and pedigree. The kitchen is both practical and well-executed, featuring BlueStar appliances, clean cabinetry, and finishes that balance classic and modern without chasing trends. Updated bathrooms include tiled showers as well as a tub. Natural light fills the home, and the floor plan is efficient and easy to live in. Located just steps from Newport's harbor, shops, and restaurants, this is a well-executed renovation in one of the city's most established neighborhoods.
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$1,800,000
William Raveis Real Estate
Phone: 888.699.8876
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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 | $1,440,000 | $1,440,000 | $1,440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $538 | $538 | $538 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,064 | $8,750 | $12,055 |
| Total Monthly Payment | $8,727 | $9,413 | $12,718 |
* 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.