CCertihomes
8 Beacon Hill #1, Newport, RI 02840

$14,000

3 beds 2 baths 1,723 sqft Built 1890Active

About this home

Spend your summer close to the harbor, Ft. Adams, and town yet immersed in a magical wooded setting. Offered for the summer months, the first floor apartment consists of 3 bedrooms, two full bathrooms, a sizable living room, dining room, and kitchen. The unit is equipped with central air conditioning, BBQ grill, patio, deck furniture, and parking for 4-6 cars. While set on its own little oasis, it’s only 0.5 miles to the harbor, area yacht clubs, and a short bike ride to town. Rental is offered as follows: $9, 000- June, $14, 000- July, $14, 000- August, and $9, 000 - September. Longer Term rental preferred at a negotiable rate. Other Terms Considered. Property is also listed for Sale. See MLS #1316580

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
$915/mo

Real estate (PITI + HOA + PMI)
$191
Principal + interest$90
Property tax + insurance$96
PMI / 2nd mortgage$5
Utilities
$1,023
Heating + cooling$365
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$915/mo TLC
Budget$5,000/mo
Remaining after TLC$4,085/mo
Purchase price
$14,000
Down payment
$700 (5%)
Loan amount
$13,300
APR
7.19%

Quick facts

Type
Multi Family
Style
Year built
1890
Lot size
1.43 ac
Stories
1
Heating
Oil, Central Air, Forced Water
Cooling
Central Air
Water
Connected
HOA
Annual tax
MLS #
1349790
County
Newport

At a glance

Air conditioning
Fireplace
Basement
Dishwasher

Home features

Appliances
Electric Water HeaterTankless Water HeaterDishwasherDryerMicrowaveOven/RangeRefrigeratorWasher
Interior
SkylightStairsWalls: Dry WallPlasterInsulation: FloorsWalls
Exterior
DeckPatio
Parking
No GarageAssigned
Fireplace
Stone
Flooring
Ceramic Tile, Hardwood
Sewer
In Fee

Lot features

Paved Driveway

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 12/16/2023. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

8 Beacon Hill #1 · Newport — $14,000 · Certihomes