CCertihomes
11 Willow #4, Newport, RI 02840

$15,000

4 beds 3 baths 2,600 sqft Built 1862Active

About this home

AVAILABLE NEWPORT SUMMER '24! JUNE 1 - AUGUST 30, 2024: This fully renovated, luxe loft is the 'ultimate hideout' in the coveted 'Point' section of Newport. Its high style is matched with a sophisticated yet comfortable 4-bed 3-bath triplex floor plan of 2, 600 sq./ft. - it boasts cathedral ceilings, gorgeous hardwood flooring, gas fireplace and expansive windows allowing in ample amounts of natural light. Every aspect is brand new and thoughtfully designed from the chef's kitchen to the guest "bunk" room. Equipped with Apple TV and Sonos for your convenience and even a turntable to spin a great collection of vinyl. Situated in a beautifully converted brick school house with astounding views, this residence is tucked just off the hustle & bustle of America’s Cup Avenue and just a few blocks from the gorgeous harbor and lively Newport Shipyard. The Point is a vibrant neighborhood to fishermen and diplomats alike. Listen to its churches' bells and the sweet little train whistles, just a part of the bliss of your surroundings. It's a quick stroll into town or kick back at Storer Park or Goat Island's latest Newport Harbor Island Resort and catch the sunset over the Pell Bridge. Roof deck (not shown) is in the midst of being renovated but should be ready in time for ultimate viewing! This is a Minimum 3-month rental ONLY, all inclusive for $55, 000. June @ $15, 000/mo., July @ $20, 000/mo. & August @ $20, 000/mo. (may Also be a July @ $20k, August @$20k & Sept, $15k rental)

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
$1,084/mo

Real estate (PITI + HOA + PMI)
$239
Principal + interest$97
Property tax + insurance$136
PMI / 2nd mortgage$6
Utilities
$1,317
Heating + cooling$537
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$1,084/mo TLC
Budget$5,000/mo
Remaining after TLC$3,916/mo
Purchase price
$15,000
Down payment
$750 (5%)
Loan amount
$14,250
APR
7.19%

Quick facts

Type
Condominium
Style
Contemporary
Year built
1862
Lot size
Stories
3
Heating
Natural Gas, Baseboard
Cooling
Central Air
Water
In Fee
HOA
Annual tax
MLS #
1353186
County
Newport

At a glance

Air conditioning
Fireplace
Basement
Dishwasher

Home features

Appliances
DishwasherDryerMicrowaveOven/RangeRefrigeratorWasher
Interior
Cathedral CeilingsWalls: Dry WallInsulation: CeilingFloorsWalls
Exterior
Porch
Parking
No GarageAssigned
Fireplace
Gas
Flooring
Hardwood
Sewer
In Fee

Lot features

Paved Driveway, Private Compound, Security, 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 3/1/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.