CCertihomes
361 Highland, Jamestown, RI 02835

$1,575,000

0 beds 0 baths Active

About this home

Jamestown - This is one of the last remaining vacant lots in the "Ocean Highlands" area offering views of Fort Wetherill State Park and beyond to the bay and across to Newport's Fort Adams. The original subdivision dates back to the late 1880's with wonderful classic period shingle-style homes. Ownership provides the rights to become a member of the "Dumplings Association" which has a wonderful swimming pier along Dumpling Drive, as well as water access to the waters Mackerel Cove just a short stroll away. A majority of the lot has recently been cleared, with exceptic of mature hedges, significant trees, and othe rplantings. Engineering work has been completed, and currently a 3-bedroom OWTS (septic design) has been approved by RI DEM. Further engineering may allow for a larger system depending on house design/location. Time is now to call your architect and design and build your dream home on this fabulous location. Jamestown is the "Jewel of Narragansett Bay" an island oasis, yet conveniently connected to the mainland and Newport for easy commute to Providence, Boston, and a train ride to New York.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$9,861/mo

Real estate (PITI + HOA + PMI)
$9,714
Principal + interest$7,143
Property tax + insurance$1,980
PMI / 2nd mortgage$591
Utilities
$1,041
Heating + cooling$374
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$9,861/mo TLC
Budget$10,361/mo
Remaining after TLC$500/mo
Purchase price
$1,575,000
Down payment
$78,750 (5%)
Loan amount
$1,496,250
APR
4%

Quick facts

Type
Land
Style
Year built
Lot size
2.3552 ac
Stories
0
Heating
Cooling
Water
Connected, Municipal
HOA
Annual tax
$5,942
MLS #
1346214
County
Newport

Lot features

Rural

Neighborhood — 02835

MetricThis ZIPCountyUSA
Population5,6781,095,423299,088,112
Population Change Since199014.00%9.00%20.00%
Population Density603994
Male2,756529,266147,432,321
Female2,930566,157151,655,844
Never Married960266,40463,775,926
Married2,915435,678123,120,365
Separated13843,64212,639,686
Widowed29266,66815,467,586
Divorced46783,84323,075,029
Number Of House Hold2,205410,399111,826,380
Average House Hold Size2.572.562.60
Medial Age45.3937.2735.46
Median House Hold Income$72,187$47,553$48,276
Average House Hold Income$100,797$61,609$63,629
P C I$39,210$23,965$24,529
M D I$58,705$40,634$41,133
A T H E$71,409$49,940$50,898
S T R7.00%7.00%
W C J75.71%78.02%77.74%
(Zip) Code
2835

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 10/18/2023. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.