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Beautifully transformed from top to bottom, this exceptional Newport gem offers a refined coastal lifestyle just moments from the harbor. With three thoughtfully designed levels of 2, 200 square feet, this 4-bedroom, 2. 5-bath home features light-filled living spaces that open onto amazing exterior spaces. The kitchen is finished with Thermador appliances, Calacatta quartz, and clean, modern lines. The second floor features a family room with a private balcony and entertainment bar and a grand, primary bedroom with a walk-in closet and ensuite bath. The third floor features three additional bedrooms including a guest suite with an ensuite bathroom and the 'wheelhouse' sitting area overlooking the harbor. Every detail has been professionally designed with high-quality finishes evident throughout, layered with coastal themed wall coverings and statement lighting that bring personality and a relaxed, salt-air inspired feel to the home. Located steps from King Park and the lower Thames Street social scene, this property is walkable to downtown and bikeable to Newport's finest beaches, Fort Adams, and the legendary Ocean Drive - making it an ideal primary residence, vacation retreat, or investment property. A rare opportunity to own a turnkey, high-spec home in one of Newport's most sought-after locations.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,250,000
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 | $1,800,000 | $1,800,000 | $1,800,000 |
| 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% | 6.259% | 6.058% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,079 | $10,937 | $15,068 |
| Total Monthly Payment | $10,204 | $11,062 | $15,193 |
* 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.