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Stunning property with recent updates including newly refinished gleaming wood floors, thoughtful updates to the kitchen and bathrooms and interior freshly painted ready for move-in! This lovely four-bedroom four-bathroom Victorian Home is located in highly desired Kay/Catherine neighborhood. Sun-filled open living areas include the kitchen and large dining area, living room with wood burning fireplace, hallway nook with a clever coffee bar leads to a private den and full bath on first level. The second level features a new primary suite with generous bedroom, large walk-in closet and spa bathroom plus two guest rooms and a full bathroom. The third level features a renovated bonus "flex" space featuring an open living area and fourth bedroom with access to a rooftop deck with views to the ocean. Once a chemist's home the renovated lower level features the original Apothecary's cabinet with shelving, a game room with bar, media room and full bathroom. The inventive wine cellar "tasting room" features custom black walnut shelving and walls, backlit for ambience and a painted fresco ceiling by a renowned local artist. The handle to the glass door to the wine room is an iron grapevine sculpture from the Ukraine. Enjoy refreshments on the covered front porch which extends the length of the home. The private gated backyard includes garden areas, built-in grill and large paver patio. Two off-street parking spaces. Walk to all Newport has to offer including First Beach.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,500,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $2,000,000 | $2,000,000 | $2,000,000 |
| 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 | $836 | $836 | $836 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,199 | $12,152 | $16,742 |
| Total Monthly Payment | $12,160 | $13,113 | $17,703 |
* 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.