CCertihomes
1 Commercial #38A, Newport, RI 02840

$7,000

1 beds 1 baths 676 sqft Built 1900Active

About this home

Available Available 2024. Nestled in the heart of downtown Newport, this sun-soaked unit offers contemporary updates and breathtaking views of Thames Street and Newport Harbor. Boasting impressive 18-foot ceilings, central air conditioning, and charming exposed brick accents, this condo radiates both modern elegance and charm. Large windows throughout the unit frame the picturesque vistas, inviting natural light and the beauty of the surroundings into every corner. Included with this unit is a rare amenity—a coveted parking spot in the garage, ensuring convenience and peace of mind in the bustling downtown area. Residents also enjoy access to desirable building amenities, such as a shared rooftop deck offering sweeping water views and an elevator for effortless access to all levels. With the luxury of parking taken care of, residents can fully immerse themselves in the vibrant downtown Newport scene, with shops, restaurants, and attractions just moments away. Experience the epitome of urban living and coastal charm with this thoughtfully designed condominium, where the best of Newport is right at your doorstep. Please note, there is a two month rental minimum.

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
$548/mo

Real estate (PITI + HOA + PMI)
$90
Principal + interest$45
Property tax + insurance$42
PMI / 2nd mortgage$3
Utilities
$537
Heating + cooling$147
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$548/mo TLC
Budget$5,000/mo
Remaining after TLC$4,452/mo
Purchase price
$7,000
Down payment
$350 (5%)
Loan amount
$6,650
APR
7.19%

Quick facts

Type
Condominium
Style
Year built
1900
Lot size
Stories
1
Heating
Electric, Central Air, Heat Pump
Cooling
Central Air
Water
Connected, In Fee
HOA
Annual tax
MLS #
1355957
County
Newport

At a glance

Air conditioning
Garage (1)
Dishwasher
Waterfront

Home features

Appliances
Electric Water HeaterDishwasherDryerRange HoodOven/RangeRefrigeratorWasher
Interior
Cathedral CeilingsWalls: Dry WallInsulation: CeilingFloorsWalls
Parking
AttachedGarage Door OpenerAssigned
Fireplace
None
Flooring
Other
Sewer
Connected, In Fee

Lot features

Paved Driveway

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 4/3/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

1 Commercial #38A · Newport — $7,000 · Certihomes