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Charming Newport Cottage in a Bullseye In-Town location! The Clifton House at 51 William Street is located on Historic Hill, midway between Bellevue Avenue and Newport Harbor. Unique luxuries and everyday conveniences are right at your door cafes, restaurants, gourmet market, farmer's market, Tennis Hall of Fame, Newport Harbor, Redwood and Public Libraries, Art Museum and Aquidneck Park and Playground. The Clifton House is currently used as 2 one-bedroom apartments but would serve equally well as a 3-bedroom single family. A large brick patio is a private oasis, perfect for enjoying the sun, gardening, and hosting friends and family for dining al fresco! Up a few steps, the charming entry door opens to the first floor measuring 756 square feet, with windows in every direction. The beautiful open layout starts with the entry foyer and staircase into a large living room and oversized kitchen with French doors opening out onto the back patio. The bedroom has handsome built-in closeting, while the oversized bathroom features in-unit laundry. The second floor is a beautiful atelier apartment, with sprawling living/dining/kitchen, bedroom fit for a king-size bed, generous walk-in closet, and lovely bathroom with claw-foot tub. A full cellar offers ample storage for bikes and boards. First floor unit leased through November 2026. If you want to be in the center of the action, yet tucked away with privacy and lovely outdoor space, The Clifton House could be for you!
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$835,000
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 | $668,000 | $668,000 | $668,000 |
| 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 | $538 | $538 | $538 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,689 | $4,005 | $5,547 |
| Total Monthly Payment | $4,319 | $4,635 | $6,177 |
* 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.