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Exceptional historic Jamestown home set on a lovely one-acre lot with sweeping views of Narragansett Bay's East Passage. Rich in original character and timeless coastal charm, this approximately 3, 000-square-foot shingle-style residence showcases classic architectural details, original hardwood floors, cedar-lined closets throughout, and charming period touches including clawfoot tubs. Generously sized rooms are filled with natural light, while large windows capture beautiful water views and sea breezes. The gracious full-width front porch provides the perfect setting to relax, entertain, and watch sailboats and classic yachts pass by toward Newport Harbor. Ideally located just a short five-minute walk to Jamestown's town center, restaurants, shops, and ferry access, the property offers a rare combination of privacy, history, and convenience in one of the island's most desirable settings. Rental includes the first and second floors of the main residence only and does not include additional outbuildings. The first floor of the detached garage may be available for an additional $200/month. Offered unfurnished and available August 15th. Please note: Owner reserves the right to perform future property improvements during the tenancy, including potential construction of a tennis court, dock and sewer connection. From time to time, contractors, designers, owner and related professionals may access the property with reasonable notice to tenant.
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William Raveis Real Estate
Phone: 888.699.8876
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Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $3,360 | $3,360 | $3,360 |
| 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 | $20 | $21 | $28 |
| Total Monthly Payment | $95 | $96 | $103 |
* 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.