CCertihomes
515 Thames, Newport, RI 02840

$12,500

3 beds 3 baths 1,764 sqft Built 1900Active

About this home

SUMMER RENTAL: July & Aug @ $12, 500/month: Welcome to your fabulous downtown rental located in the heart of historic Newport, Rhode Island! This charming 3-bedroom, 3-bathroom apartment is the perfect base for your summer vacation in one of the most beautiful and historic cities in the US. This property features a spacious living room with comfortable seating and a flat-screen TV, perfect for relaxing after a long day exploring the city by the sea. The kitchen is fully equipped with stainless steel appliances as well as all the cookware and utensils you need. There is a dining area adjacent to the kitchen with a table and chairs. There is a generously sized bedroom on the main level, as well as a full bath with a tub/shower combo. Upstairs, there are two additional bedrooms with high ceilings and hardwood floors and plenty of closet and storage space for your belongings. Each of the upstairs bedrooms has an en suite bath complete with a glass-encased walk-in shower! This property is located in a historic building above a vibrant restaurant with a charming façade and is steps away from the bustling downtown Newport scene. Newport beaches are just a short drive (or bike ride) away. Two dedicated off-street parking spots- rare in downtown Newport! Also available for June 2024 @ $8500/mo.

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
$863/mo

Real estate (PITI + HOA + PMI)
$182
Principal + interest$81
Property tax + insurance$96
PMI / 2nd mortgage$5
Utilities
$987
Heating + cooling$372
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$863/mo TLC
Budget$5,000/mo
Remaining after TLC$4,137/mo
Purchase price
$12,500
Down payment
$625 (5%)
Loan amount
$11,875
APR
7.19%

Quick facts

Type
Rental
Style
Year built
1900
Lot size
Stories
2
Heating
Natural Gas, Baseboard
Cooling
Window Unit(s)
Water
In Fee
HOA
Annual tax
MLS #
1352297
County
Newport

At a glance

Dishwasher

Home features

Appliances
Gas Water HeaterDishwasherDryerMicrowaveOven/RangeRefrigeratorWasher
Interior
StairsWalls: Dry Wall
Parking
No Garage
Flooring
Ceramic Tile, Hardwood
Sewer
In Fee

Lot features

Sidewalks

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.