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Presented by
Ivona Tutak |
27 William Street, Newport, RI, 02840 | $1,295,000
The Edward Hammett House, built in 1806, serves as a structural diary of early Newport history. This property is a masterful blend of Federalist-era craftsmanship and modern coastal luxury. By pairing the 18th century house carpenter aesthetic with a 21st century cottage, it offers a rare compound feel in one of the oldest historic neighborhoods. A massive center chimney expands to four focal brick fireplaces: a hallmark of New England design. Original features remain from the wide plank pine flooring, comprehensive wood paneling, exposed timber beams, cathedral ceiling, and authentic early doors and hardware. Despite its age, the home is optimized for modern living with an open living concept, updated kitchen, walk-in pantry, newer bathrooms, first floor laundry, central air, and new gas heating system. The detached cottage, completed in 2019, transforms the property from a single-family home into a private retreat. Constructed in a studio-style layout with a built-in bed, dedicated living area, full modern bathroom, and mini-split system. Double French doors lead directly to the intricate stone and brick patio. A true private oasis featuring additional storage, a must-have outdoor shower, and mature greenery. A fully fenced-in yard provides a secluded sanctuary in the middle of the bustling Historic Hill district. All within walking distance of shopping, fine dining, and world-class sailing. This turnkey property is being sold fully furnished in time for summer!
Features
- Amenities: Golf,Marina,Near Hospital,Near Schools,Pool,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s),Sidewalks
- Rooms: 8
- Bedrooms: 2
- Baths: 2 full / 1 half
- Style: Cabin,Historic/Antique
- Year Built: 1806
- Garage: No Garage
- Heating: Ductless,Electric,Forced Air,Gas,Heat Pump,Radiant,Zoned
- Cooling: Central Air,Ductless,Heat Pump
- Basement: Full,Interior Entry,Unfinished
- Approx Sq. Feet: 1,604
- Acreage: 0.06
- Est. Taxes: $10,776
- Lot Desc: Private,Secluded
- View: Water
- Appliances: Dryer,Dishwasher,Exhaust Fan,Disposal,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Water Heater,Washer
- MLS#: 1411963
- Website: https://www.raveis.com
/prop/1411963/27williamstreet_newport_ri?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Ivona TutakSales Associate
203.561.0216
Ivona.Tutak@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Joseph MollicaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 130058
203.952.8600
Joseph.Mollica@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Alex FerroInsurance Sales Director, William Raveis Insurance
203.610.1536
Alex.Ferro@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
27 William Street, Newport, RI, 02840
$1,295,000
Ivona Tutak
Sales Associate
William Raveis Real Estate
Phone: 203.561.0216
Ivona.Tutak@raveis.com
Joseph Mollica
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,036,000 | $1,036,000 | $1,036,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $898 | $898 | $898 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,882 | $6,295 | $8,742 |
| Total Monthly Payment | $6,905 | $7,318 | $9,765 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB