CCertihomes
1 Elm, Newport, RI 02840

$20,000

5 beds 6 baths 3,039 sqft Built 1740Active

About this home

Available from August 15th through September 2024. In-town, yet on a quiet street in Historic Point neighborhood, within a short walk to restaurants, clubs and harbor, this renovated home offers period character and modern comfort. Gorgeous kitchen with high-end appliances and breakfast bar, open to a dining area and has French doors to beautifully landscaped private grounds with shady sitting areas and blue stone and brick patio for al fresco dining. Charming living room with fireplace and separate family room, are connected to the kitchen and dining area and equipped with comfortable furniture. Dry bar/pantry with wine cooler, mudroom and a powder room complete the first level. The second floor is comprised of a cozy family room, office, principal bedroom with en-suite and additional bedroom with bathroom. Laundry room with half bathroom are also on the second floor. Another principal en-suite bedroom with exposed beams and cathedral ceiling, and two guest bedrooms and a bathroom, are on the third floor. Off-street three-car parking and AC are additional highlights of this remarkable property. Pets are negotiable.

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
$1,276/mo

Real estate (PITI + HOA + PMI)
$300
Principal + interest$129
Property tax + insurance$163
PMI / 2nd mortgage$8
Utilities
$1,533
Heating + cooling$620
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$1,276/mo TLC
Budget$5,000/mo
Remaining after TLC$3,724/mo
Purchase price
$20,000
Down payment
$1,000 (5%)
Loan amount
$19,000
APR
7.19%

Quick facts

Type
Single Family Residence
Style
Colonial
Year built
1740
Lot size
0.12 ac
Stories
3
Heating
Natural Gas, Baseboard, Central Air, Forced Air, Gas Connected, Radiant
Cooling
Central Air
Water
In Fee, Municipal, Public
HOA
Annual tax
MLS #
1356629
County
Newport

At a glance

Air conditioning
Fireplace
Basement
Dishwasher

Home features

Appliances
Gas Water HeaterDishwasherDryerExhaust FanDisposalMicrowaveOven/RangeRefrigeratorWasher
Interior
AtticAttic StairsCathedral CeilingsWalls: Dry WallPlasterInsulation: CeilingFloorsWalls
Exterior
Patio
Parking
No GarageAssigned
Fireplace
BrickGas
Flooring
Ceramic Tile, Hardwood, Pine
Sewer
In Fee, Public Sewer, Public

Lot features

Corner Lot, Out Building, Underground Utilities

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 4/12/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.