CCertihomes
25 Annandale, Newport, RI 02840

$990,000

2 beds 2 baths Built 1900Active

About this home

Welcome to 25 Annandale Road in the picturesque coastal town of Newport, Rhode Island. This unique property presents an exceptional opportunity, whether you're searching for a serene second home or a principal residence. Currently structured as a two-family home, offering versatility and potential. With a shared front entry foyer, the layout is seamless, featuring individual living rooms, eat-in kitchens, comfortable bedrooms, and bathrooms with tub/shower combinations in each unit. Enjoy outdoor living with large decks off each unit overlooking the large private, fenced yard. The location is simply unbeatable; find yourself within an easy stroll to an array of fine dining, boutique shopping, iconic tennis courts, the scenic Cliff Walk, and the sun-soaked beach. Parking is a breeze with four off-street spaces available off Lowndes Street and the possibility to expand further. A full basement offers extensive storage possibilities, while two hot water heating systems with tankless water guarantee comfort and efficiency. Each unit also boasts its own electric meter, with circuit breaker panels in the unit, ensuring practicality and convenience. While the property could benefit from some updating, the investment promises to enhance the charm and value of this delightful residence. Envision living in one unit while drawing income from the other or providing a luxurious guest space for visiting family and friends. Your coastal dream home awaits!

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
$8,051/mo

Real estate (PITI + HOA + PMI)
$6,641
Principal + interest$4,490
Property tax + insurance$1,780
PMI / 2nd mortgage$371
Utilities
$3,127
Heating + cooling$1,417
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$8,051/mo TLC
Budget$8,551/mo
Remaining after TLC$500/mo
Purchase price
$990,000
Down payment
$49,500 (5%)
Loan amount
$940,500
APR
4%

Quick facts

Type
Rental
Style
Year built
1900
Lot size
0.143 ac
Stories
2
Heating
Oil, Baseboard, Forced Water
Cooling
None
Water
Connected, Municipal
HOA
Annual tax
$7,133
MLS #
1355213
County
Newport

At a glance

Basement
Dishwasher

Home features

Appliances
Tankless Water HeaterDishwasherDryerOven/RangeRefrigeratorWasher
Interior
AtticAttic StorageWalls: Dry WallPlasterPlumbing: CopperMixedPVCInsulation: Unknown
Exterior
Deck
Parking
No Garage
Fireplace
None
Flooring
Hardwood, Laminate, Other
Sewer
Connected, Public

Lot features

Corner Lot, Fenced, 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

Open in Google Maps →
RI & State Wide MLS

Listing information last refreshed 3/22/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

25 Annandale · Newport — $990,000 · Certihomes