CCertihomes
87 Memorial, Newport, RI 02840

$30,000

3 beds 3 baths 2,729 sqft Built 1951Active

About this home

Spend JULY 2024 in this absolutely charming Colonial. Welcome to 'Cooney Cottage'. Few single-family rentals can rival this home's proximity to our famous Cliff Walk, Easton's beach, our elegant mansions and all that downtown Newport has to offer. Upon arrival you will be welcomed by picture perfect front and rear gardens. The first floor boasts an open layout, light filled living room, dining/sitting room, modern kitchen (with stone countertops and inlaid gas cooktop) and easy access to the ample deck space. All the ingredients for the perfect summer evening with family and friends. A generous master suite and an additional half bath completes this level. Upstairs, you will find two sunny and comfortable bedrooms. The 'Cherry Blossom" room is furnished with a queen bed. The "Bermuda Room' has two twins which can be configured as a king. Both rooms share a newly renovated full bathroom. Additional living or sleeping space can be found in the finished basement. The entire home is stylishly furnished with a comfortable, coastal aesthetic that will instantly melt your cares away. Additional amenities include: private back yard, driveway parking and a 2 car garage. Be the fortunate renter who spends their summer vacation here! **3D Virtual Tour Available Upon Request.** Serious inquiries only please.

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
$1,286/mo

Real estate (PITI + HOA + PMI)
$371
Principal + interest$193
Property tax + insurance$167
PMI / 2nd mortgage$11
Utilities
$1,417
Heating + cooling$562
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$1,286/mo TLC
Budget$5,000/mo
Remaining after TLC$3,714/mo
Purchase price
$30,000
Down payment
$1,500 (5%)
Loan amount
$28,500
APR
7.19%

Quick facts

Type
Single Family Residence
Style
Cape Cod
Year built
1951
Lot size
0.5 ac
Stories
2
Heating
Natural Gas, Baseboard, Gas Connected
Cooling
Window Unit(s)
Water
Connected, In Fee, Public
HOA
Annual tax
MLS #
1340021
County
Newport

At a glance

Fireplace
Basement
Garage (2)
Dishwasher

Home features

Appliances
Gas Water HeaterTankless Water HeaterDishwasherDryerExhaust FanDisposalMicrowaveOven/RangeRefrigeratorWasher
Interior
StairsWalls: Dry WallInsulation: Unknown
Exterior
Deck
Parking
DetachedGarage Door OpenerUnassigned
Fireplace
BrickFree StandingGas
Flooring
Hardwood, Carpet
Sewer
Connected, In Fee, Public

Lot features

Electronic Pet Fence, Paved Driveway, Sidewalks

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 7/21/2023. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

87 Memorial · Newport — $30,000 · Certihomes