CCertihomes
5 Cherry, Newport, RI 02840

$3,800

4 beds 2 baths 1,080 sqft Built 1900Active

About this home

Available June 1, 2024 for Summer 2024, $10, 000 for June and $13, 000 for July or August. Also available Sept 2024 to May 2025 for $3, 800 per month.Yearly potential available as well. This Newport cottage is nestled in the Historic Point Neighborhood. This property recently underwent an extensive renovation for guests to enjoy this summer. The property has 4 bedrooms and 2 full baths. A nice back patio to relax and enjoy the surroundings. Just a short walk to Belle's Cafe at Newport Shipyard, Goat Island, Newport Harbor, Downtown, shopping, restaurants and much more. A perfect getaway!

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
$674/mo

Real estate (PITI + HOA + PMI)
$77
Principal + interest$24
Property tax + insurance$52
PMI / 2nd mortgage$1
Utilities
$761
Heating + cooling$234
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$674/mo TLC
Budget$5,000/mo
Remaining after TLC$4,326/mo
Purchase price
$3,800
Down payment
$190 (5%)
Loan amount
$3,610
APR
7.19%

Quick facts

Type
Single Family Residence
Style
Cottage
Year built
1900
Lot size
1618 ac
Stories
2
Heating
Oil, Baseboard
Cooling
Ductless
Water
Connected
HOA
Annual tax
MLS #
1344208
County
Newport

At a glance

Basement

Home features

Parking
No GarageUnassigned
Sewer
Connected

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 9/18/2023. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

5 Cherry · Newport — $3,800 · Certihomes