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FURNISHED WINTER RENTAL SEPT 1, 2026- MAY 31, 2027: Nestled in the heart of Newport, Hammet's Cottage is the city's newest seasonal rental opportunity, offering an unparalleled blend of coastal charm and modern sophistication. Just steps from Newport's celebrated restaurants, boutiques, and world-class attractions, this beautifully renovated residence places you at the center of it all while providing a private, stylish retreat to call your own. Completely reimagined in 2019, this home has been thoughtfully designed with chic furnishings and curated d cor that reflects coastal elegance. Central air conditioning ensures a cool escape during summer's warmest days, while open, light-filled living spaces create an inviting atmosphere for entertaining throughout the New England seasons. The open-flow main level is comprised of a living room, dining room, kitchen and full bath. Upstairs you will find two bedrooms (1 King bed, 1 Queen bed) with a shared half bathroom. The lower level, with surprisingly high ceilings and large windows, boasts a terrific den, with a 3rd bedroom (bunk beds) plus laundry and a second full bathroom. Every detail has been carefully considered to deliver an exceptional experience, from the modern finishes to the seamless connection between indoor and outdoor living. Whether you are seeking the energy of Newport's vibrant downtown or the tranquility of a private retreat, Hammet's Cottage offers the best of both worlds.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $3,200 | $3,200 | $3,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $19 | $20 | $26 |
| Total Monthly Payment | $94 | $95 | $101 |
* 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.