CCertihomes
45 Third, Newport, RI 02840

$2,475,000

5 beds 3 baths 3,379 sqft Built 1855Active

About this home

Experience the timeless character of Walnut Point, a classic Greek Revival with charm and sophistication. With over 3, 000 square feet of living space spread across 5 bedrooms, 3 baths, and a four-season garden studio, this home offers classic elegance and modern comfort. The lush secret garden is recognized by the Smithsonian as a notable Small Garden of America. Truly outdoor living space crafted for entertaining or a private retreat with a wisteria-covered pergola, bubbling fountains, a koi pond and walking paths to reading nooks. Expansive covered front porch sits above well-appointed stone walls and gardens. High ceilings, four gas fireplaces, multiple living areas, including a fully remodeled kitchen and wet bar are perfect for family gatherings and entertaining. The complete package of a finished home includes a garage space and multiple parking spots. Situated just a short jaunt from town and waterfront parks with boat and kayak launching ramps at the bottom of your street, you can easily live the Newport lifestyle but still enjoy the peace and quiet The Point offers. This home blending history, luxury and lifestyle can be yours to enjoy this summer.

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
$15,378/mo

Real estate (PITI + HOA + PMI)
$15,258
Principal + interest$11,225
Property tax + insurance$3,105
PMI / 2nd mortgage$928
Utilities
$1,661
Heating + cooling$684
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$15,378/mo TLC
Budget$15,878/mo
Remaining after TLC$500/mo
Purchase price
$2,475,000
Down payment
$123,750 (5%)
Loan amount
$2,351,250
APR
4%

Quick facts

Type
Residential
Style
Colonial
Year built
1855
Lot size
0.1176 ac
Stories
0
Heating
Electric, Natural Gas, Baseboard, Forced Air, Gas Connected, Zoned
Cooling
Heat Pump, Wall Unit(s)
Water
Connected, Municipal, Public
HOA
Annual tax
$9,116
MLS #
1354589
County
Newport

At a glance

Fireplace
Basement
Garage (1)
Dishwasher

Home features

Appliances
Gas Water HeaterDishwasherDryerDisposalRange HoodMicrowaveOven/RangeRefrigeratorWasher
Interior
Attic StorageStairsWalls: Dry WallPlasterPlumbing: MixedInsulation: CeilingUnknown
Parking
Detached
Fireplace
BrickGas
Flooring
Ceramic Tile, Hardwood, Other, Carpet
Sewer
Connected, Public Sewer, Public

Lot features

Local Historic District, Corner Lot, Fenced, Out Building, Paved Driveway, 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 3/21/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

45 Third · Newport — $2,475,000 · Certihomes