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YEARLY RENTAL | Clean, fresh 2nd floor apartment located near mid-Broadway area of Newport - just one block to neighborhood stores, including convenience store, pharmacy, A-1 pizza, etc. Off street parking available. Kitchen has granite counter tops, cherry wood cabinets, dishwasher, self cleaning gas oven unit with 4 burner stove, and frost-free refrigerator. Large living room (can be used as bedroom) with 2 sliding door closet, and a second smaller room which has room for a queen size bed, or can be used as a living room/home office. Hardwood floors throughout. The smaller full bath has a stall shower. Heating is circulating hot water from a newer gas boiler. Electric and gas are separately metered and paid by the tenant. Water bill is paid by the owner. Shared laundry in the building. Cox cable is installed and is available at the tenants option and expense. The 4 unit building is owner occupied. The parking space available is on the property and very close to the entrance. -- NO SMOKING & NO PETS SORRY -- WATER INCLUDED.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,000
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 | $1,600 | $1,600 | $1,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $10 | $10 | $13 |
| Total Monthly Payment | $85 | $85 | $88 |
* 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.