CCertihomes
3 Ledge, Newport, RI 02840

$12,500

4 beds 4 baths 2,812 sqft Built 1992Active

About this home

JUNE RENTAL 2023 FOR $12, 500- MAY 2023 AVILABLE $6500 Wonderful Colonial known as “Castle Back” is located in Newport on Desirable Ledge Road behind “Belcourt Castle” situated between Bellevue and Coggeshall Avenue. This 4 bedroom 3.5 bath 3 level home is in the perfect place for your summer vacation. First floor has 2 bedrooms, 1 full bath and laundry room. One bedroom has door to the outdoor shower, patio and yard. Second level has open kitchen, dining Area and great room with French doors to the grand deck overlooking the grounds and “Belcourt Castle”. This level also includes a master suite with full bath shower plus a half bath. Third level has a grand in-law suite. This includes a bedroom, full bath, kitchenette, dining area / great room. There is a Juliette balcony off the great room with views of Almy Pond, the ocean and the vicinity. A great addition to the property for extended families. Second floor deck has seating and grill area. 1st floor patio has out door shower and large wrap around lawn area. Steps to Bailey’s Beach, The Cliff walk, Ocean Avenue, Bellevue and minutes to downtown activities. Close to all Newport has to offer yet peaceful and tranquil. The perfect property for family fun & entertainment or to quietly enjoy.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$1,161/mo

Real estate (PITI + HOA + PMI)
$226
Principal + interest$81
Property tax + insurance$140
PMI / 2nd mortgage$5
Utilities
$1,445
Heating + cooling$576
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$1,161/mo TLC
Budget$5,000/mo
Remaining after TLC$3,839/mo
Purchase price
$12,500
Down payment
$625 (5%)
Loan amount
$11,875
APR
7.19%

Quick facts

Type
Single Family Residence
Style
Colonial
Year built
1992
Lot size
0.16 ac
Stories
3
Heating
Oil, Forced Water, Zoned
Cooling
Wall Unit(s), Window Unit(s)
Water
Connected, Individual Meter, Municipal
HOA
Annual tax
MLS #
1331036
County
Newport

At a glance

Dishwasher
Balcony

Home features

Appliances
DishwasherDryerExhaust FanDisposalMicrowaveOven/RangeRefrigeratorWasher
Interior
SkylightStairsWalls: Dry WallInsulation: Unknown
Exterior
BalconyDeckPatio
Parking
No GarageUnassigned
Fireplace
None
Flooring
Hardwood
Sewer
Connected, Public Sewer

Lot features

Paved Driveway, Wooded

Neighborhood — 02840

MetricThis ZIPCountyUSA
Population25,6781,095,423299,088,112
Population Change Since1990-8.00%9.00%20.00%
Population Density3,344994
Male12,039529,266147,432,321
Female13,562566,157151,655,844
Never Married7,807266,40463,775,926
Married8,167435,678123,120,365
Separated1,47343,64212,639,686
Widowed1,69966,66815,467,586
Divorced2,69183,84323,075,029
Number Of House Hold10,531410,399111,826,380
Average House Hold Size2.272.562.60
Medial Age38.5237.2735.46
Median House Hold Income$48,216$47,553$48,276
Average House Hold Income$65,270$61,609$63,629
P C I$28,066$23,965$24,529
M D I$41,065$40,634$41,133
A T H E$52,096$49,940$50,898
S T R7.00%7.00%
W C J80.40%78.02%77.74%
(Zip) Code
2840

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 3/21/2023. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

3 Ledge · Newport — $12,500 · Certihomes