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Welcome to this beautiful 2 bedroom condo with a lovely updated bathroom, offering modern comforts combined with classic charm. The living room is flooded with natural light through large windows, providing a bright and airy space to relax and unwind and the dining room is a perfect space for entertaining or enjoying family meals, featuring a delightful built-in display cabinet. The lovely hardwood floors create a warm and inviting atmosphere and the spacious kitchen offers granite countertops, tile flooring and stainless steel appliances. The shared back patio and front porch are ideal for enjoying the fresh air and sunshine. With a one-car garage space and an additional assigned parking space in the driveway, parking is a breeze. Plus, you'll appreciate the convenience of your own laundry and a large storage area in the basement. Recent upgrades include a new architectural shingle roof on both the building and garage (within the last 4 years) and the entire building has been re-sided for added curb appeal. This condo is ideally located, just minutes from shopping, dining, and all that Newport has to offer. Don't miss the opportunity to make this lovely condo your new home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$625,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $500,000 | $500,000 | $500,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.398% | 5.710% |
| Monthly Tax Payment | $290 | $290 | $290 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,958 | $3,079 | $4,083 |
| Total Monthly Payment | $3,340 | $3,461 | $4,465 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.