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Welcome to 2 Channing Place, a beautifully renovated single-family home available for an annual lease. Offering three levels of living space, this fully renovated home features 4 bedrooms and 2. 5 bathrooms, with the flexibility to use the fourth bedroom as a home office, playroom, yoga room, or additional living space to fit your lifestyle. The home showcases gorgeous hardwood floors, new tile, a beautifully updated kitchen with soft-close cabinetry, stainless steel appliances, a dishwasher, and renovated bathrooms with modern finishes. In-home laundry is conveniently located on the second floor. The third-floor primary suite offers a private retreat, complete with its own full bathroom and a dedicated mini-split system for both heating and air conditioning. Outside, enjoy a sizeable fenced backyard with a patio, perfect for relaxing, entertaining, or enjoying time outdoors. The property also includes off-street parking for two vehicles. Conveniently located just minutes from the Naval War College, downtown Newport, area beaches, and the famous Cliff Walk. You'll also love being within walking distance of the restaurants, shops, caf s, and local favorites along Broadway. Tenant is responsible for all utilities. Available beginning September 1, with the potential for a mid-August move-in if needed. Annual lease only. Pets negotiable.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,700
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 | $3,760 | $3,760 | $3,760 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.638% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $23 | $24 | $31 |
| Total Monthly Payment | $98 | $99 | $106 |
* 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.