CCertihomes
1 Anchor #1, Newport, RI 02840

$1,400,000

3 beds 3 baths 1,835 sqft Built 2024Active

About this home

Welcome to ANCHOR WAY CONDOMINIUMS, Newport's NEW Neighborhood. WE ARE NOW ACCEPTING RESERVATIONS! The entrance to Anchor Way is located diagonally across from the Tennis Hall of Fame and walking distance to Newport's most famous attractions. Stroll to Bellevue while passing the popular seasonal Farmers Market on your way to shopping and restaurants. Head down Memorial Boulevard to Easton’s Beach and Cliff Walk. The developer and its architectural team have worked together to design 8 dynamic townhouses to be constructed in two phases. Each unit has a welcoming front porch opening to a lovely entry way adjacent to a mudroom with laundry. Past the entry you enter the large living room with a gas fireplace, a walk through to the formal dining room with a hallway to a powder room and on to the den / office or first floor bedroom with walk in closet. The state-of-the-art kitchen with center island located at the end of the unit with French doors leading to a back patio, thoughtfully positioned for entertaining and back yard access. The 2nd floor has a master with ensuite bathroom and walk in closet, a second bedroom and a 2nd full bath, storage above the garage and option for laundry on this level. Each unit has a single car garage and additional driveway parking. A complete design package is available. Contact Libby for more information. If you've been waiting for new construction in the center of Newport, these townhomes have been created just for you. LOVE WHERE YOU LIVE!

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
$10,429/mo

Real estate (PITI + HOA + PMI)
$11,141
Principal + interest$6,350
Property tax + insurance$3,366
HOA$900
PMI / 2nd mortgage$525
Utilities
$991
Heating + cooling$349
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$10,429/mo TLC
Budget$10,929/mo
Remaining after TLC$500/mo
Purchase price
$1,400,000
Down payment
$70,000 (5%)
Loan amount
$1,330,000
APR
4%

Quick facts

Type
Condominium
Style
Year built
2024
Lot size
1.41 ac
Stories
2
Heating
Electric, Bottle Gas, Forced Air, Heat Pump
Cooling
Central Air
Water
Connected
HOA
$900 / Monthly
Annual tax
MLS #
1352669
County
Newport

At a glance

Air conditioning
Fireplace
Garage (1)
Dishwasher
New construction

Home features

Appliances
Electric Water HeaterDishwasherDisposalMicrowaveOven/RangeRefrigerator
Interior
Attic StorageInternal ExpansionStairsWalls: Dry WallPlasterPlumbing: PVCInsulation: CeilingFloorsWalls
Exterior
PatioPorch
Parking
AttachedAssigned
Fireplace
Gas InsertStone
Flooring
Hardwood
Sewer
Connected

Lot features

Cul-De-Sac

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 2/14/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.