CCertihomes
22 Farewell #1, Newport, RI 02840

$5,000

2 beds 1 baths 1,278 sqft Built 1830Active

About this home

~Still available for June at a prorated rate!! This exquisite stud-back renovation sits across from a beautiful park in the heart of downtown Newport. Be one of the first to live in this tastefully furnished oasis. Quartz countertops, top of the line chef's appliances, gleaming wide-beam hardwood floors, laundry in unit, central air, and a cozy "city garden" backyard are just some of the features offered. You'll be delighted by the stunning and spacious bathroom featuring a tile shower, double vanity sinks, and water closet. The backyard is shared with the upstairs unit and features an outdoor shower, multiple sitting areas, and a grill. Prime location right downtown but with super convenient access to the Newport Bridge!

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
$731/mo

Real estate (PITI + HOA + PMI)
$97
Principal + interest$32
Property tax + insurance$63
PMI / 2nd mortgage$2
Utilities
$837
Heating + cooling$272
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$731/mo TLC
Budget$5,000/mo
Remaining after TLC$4,269/mo
Purchase price
$5,000
Down payment
$250 (5%)
Loan amount
$4,750
APR
7.19%

Quick facts

Type
Rental
Style
Year built
1830
Lot size
0.07 ac
Stories
1
Heating
Natural Gas, Central Air
Cooling
Central Air
Water
HOA
Annual tax
MLS #
1356135
County
Newport

At a glance

Air conditioning
Basement
Dishwasher

Home features

Appliances
Gas Water HeaterDishwasherDryerMicrowaveOven/RangeRefrigeratorWasher
Interior
Walls: Dry Wall
Parking
No Garage
Flooring
Hardwood

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 4/5/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.