1 Commercial #27B, Newport, RI 02840

$3,500

2 beds 2 baths 1,040 sqft Built 1900Active

About this home

Available seasonally September 1st.-May 31 Waterfront furnished 2 bedroom 2 bathroom condo on Commercial Wharf overlooking Newport Harbor. Enjoy the scenery including views of the bridge from your very own deck off of the living room, or the phenomenal roof deck. In unit laundry, lots of natural light, and 2 parking spaces. This is primetime living in downtown Newport! Rent is $3500/month, tenant pays all utilities except water/sewer.

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

$611/mo

Real estate (PITI + HOA + PMI): $74
Utilities: $691
Transportation: $129
Other (entertainment): $127

Your monthly budget

Budget$5,000/mo

Remaining after TLC$4,389/mo

Purchase price

$3,500

Down payment

$175 (5%)

Loan amount

$3,325

APR

7.19%

Quick facts

Type

Condominium

Style

—

Year built

1900

Lot size

—

Stories

Heating

Electric, Forced Air

Cooling

None

Water

—

HOA

—

Annual tax

—

MLS #

1355911

County

Newport

Neighborhood — 02840

Metric	This ZIP	County	USA
Population	25,678	1,095,423	299,088,112
Population Change Since1990	-8.00%	9.00%	20.00%
Population Density	3,344	994	—
Male	12,039	529,266	147,432,321
Female	13,562	566,157	151,655,844
Never Married	7,807	266,404	63,775,926
Married	8,167	435,678	123,120,365
Separated	1,473	43,642	12,639,686
Widowed	1,699	66,668	15,467,586
Divorced	2,691	83,843	23,075,029
Number Of House Hold	10,531	410,399	111,826,380
Average House Hold Size	2.27	2.56	2.60
Medial Age	38.52	37.27	35.46
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 R	7.00%	7.00%	—
W C J	80.40%	78.02%	77.74%

(Zip) Code

2840

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Walk Score

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Listing information last refreshed 4/2/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.