CCertihomes
569 Spring #1N, Newport, RI 02840

$5,000

2 beds 1 baths 960 sqft Built 1900Active

About this home

Beautiful first floor, furnished,  2 bedroom, 1 bath summer rental in Grey Gables.  Private entrance, high ceilings, 1 on site parking space, coin laundry in building and plenty of storage. This sun filled unit has a spacious living room, 2 bedrooms (1 queen bed and 1 day bed with trundle) full bath with shower, updated kitchen, and large dining room. This condo is located in the 5th Ward neighborhood and one block from Bellevue Ave, a short walk to The Cliff Walk, shops, restaurants, Thames Street and Newport Harbor. Enjoy your summer in this stunning condo! Pricing as follows: August -$5000, September -$3900, October -$2800.

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
$602/mo

Real estate (PITI + HOA + PMI)
$84
Principal + interest$32
Property tax + insurance$50
PMI / 2nd mortgage$2
Utilities
$655
Heating + cooling$206
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$602/mo TLC
Budget$5,000/mo
Remaining after TLC$4,398/mo
Purchase price
$5,000
Down payment
$250 (5%)
Loan amount
$4,750
APR
7.19%

Quick facts

Type
Condominium
Style
Year built
1900
Lot size
Stories
0
Heating
Natural Gas, Forced Water
Cooling
None
Water
HOA
Annual tax
MLS #
1352078
County
Newport

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 2/1/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.