CCertihomes
591 Ocean, Newport, RI 02840

$13,000

2 beds 3 baths 1,775 sqft Built 2013Active

About this home

Yearly or Seasonal--COASTAL COTTAGE & Private BEACH--Castle Hill/Ocean Drive and the Atlantic Ocean! Very tidy, Bright and sunny, the first level allows an open living layout for easy entertaining. The kitchen has a large island with plenty of seating, granite counter tops, and high-end appliances. On the first floor is a den/bedroom which is furnished with a pullout couch and a full bath. The second level boasts a primary suite with ocean views, King bed and private balcony. The additional second floor bedroom also has ocean views and en-suite bath & King Bed. Stroll across yard to use private Castle Hill beach! Enjoy the benefits of close proximity to Newport Country Club and Castle Hill Inn. Wonderful location! Utilities included July and September of 2024 : $35K for 1 month, $13K yearly. $10K off season for winter, landscaping included- utilities to tenant. (May, June & August 24 rented) Sorry, no pets

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
$837/mo

Real estate (PITI + HOA + PMI)
$187
Principal + interest$84
Property tax + insurance$98
PMI / 2nd mortgage$5
Utilities
$925
Heating + cooling$341
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$837/mo TLC
Budget$5,000/mo
Remaining after TLC$4,163/mo
Purchase price
$13,000
Down payment
$650 (5%)
Loan amount
$12,350
APR
7.19%

Quick facts

Type
Single Family Residence
Style
Cottage
Year built
2013
Lot size
Stories
2
Heating
Natural Gas, Forced Air
Cooling
Central Air
Water
Connected
HOA
Annual tax
MLS #
1346142
County
Newport

At a glance

Air conditioning
Fireplace
Basement
Garage (1)
Dishwasher
Waterfront

Home features

Appliances
Gas Water HeaterDishwasherDryerMicrowaveRefrigeratorWasher
Parking
AttachedIntegral
Fireplace
Gas
Flooring
Ceramic Tile, Hardwood
Sewer
Connected

Lot features

Underground Utilities

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 10/16/2023. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

591 Ocean · Newport — $13,000 · Certihomes