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Historic Hill Townhouse just steps to Bellevue Avenue and two blocks to Newport Harbor. Located on a quiet tree-lined street, this property is configured as two units. Both units feature tall ceilings, hardwood floors, stained-glass windows, and large sunny rooms. The first floor unit offers a spacious living area with large windows kitchen, a large bedroom and a full bath and laundry. The second-floor unit has two full floors of living space. An eat-in kitchen with pantry, as well as south facing living/dining area, one large bedroom, and bath with a beautiful claw foot deep soaking tub/shower. The second floor of this unit has an additional 4 bedrooms and full bath. Other amenities include a laundry area and private fenced-in brick patio with mature landscaping. The basement is completely waterproofed, dry and provides ample space for storage. Both units are on separate utilities. Enjoy Newport's museums, mansions, galleries, fine dining, shopping and historic Cliff Walk. Great rental history. Also listed as a Multi-Family MLS#1409173
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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 | $1,020,000 | $1,020,000 | $1,020,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $339 | $339 | $339 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,791 | $6,280 | $8,607 |
| Total Monthly Payment | $6,255 | $6,744 | $9,071 |
* 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.