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A gracious residence tucked along a picturesque street just off of Ruggles, ideally located within walking distance to Gooseberry Beach, Newport's mansion district, and the city's celebrated shops, restaurants, and waterfront culture. Offering a rare combination of space, comfort, and amenities, this property represents a turn key opportunity with exceptional outdoor living, ample parking, and air conditioning. The spacious main level is filled with natural light and classic charm. A formal living room opens to the private outdoor oasis, while the updated kitchen is appointed with marble countertops and beautiful cabinetry. The kitchen flows naturally into both a formal dining room and a family room with fireplace. A first-floor bedroom and full bath provide outstanding flexibility for multigenerational living. Upstairs, three bedrooms share a full bath, while the attic offers bonus space. The primary suite is privately situated and accessed via its own staircase, and serves as a peaceful retreat. Walk-in closet with laundry, an ensuite bath with walk-in shower, and a covered balcony create a serene setting. A finished lower level adds versatility with full bath and flexible bonus space. Outside, a bluestone patio and expansive yard create the perfect backdrop for summer gatherings and enjoying Newport's lifestyle. Complete with solar panels and stylish updates, this special home seamlessly blends timeless character with modern convenience in a lovely, quiet neighborhood.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,997,000
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 | $1,597,600 | $1,597,600 | $1,597,600 |
| 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 | $785 | $785 | $785 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,946 | $9,707 | $13,374 |
| Total Monthly Payment | $9,856 | $10,617 | $14,284 |
* 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.