CCertihomes
397 Gibbs #4, Newport, RI 02840

$3,000

2 beds 2 baths 1,148 sqft Built 1900Active

About this home

Condo living at its best. Enjoy all Newport has to offer in this newly renovated condo unit in the gorgeous Carrington House Complex located on Gibbs Avenue. This unit is available as a winter rental starting 1/1/2025-6/30/2025. This unit is located on the second floor with beautiful views of Gibbs Ave and Easton Beach. The kitchen is new with stainless steel appliances and plenty of cabinet space. The open floor plan with combined dining room, family room and half bath, makes for a comfortable and spacious living area with beautiful hardwood floors. On the second floor is a full bath, in unit laundry and two large sized bedrooms. Plenty of closet space as well as views of the water all along the second level. This condo comes furnished and has one designated parking space. Five minutes from the Naval War College makes this property a perfect rental for military families. Utilities are included in the monthly rent.

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
$634/mo

Real estate (PITI + HOA + PMI)
$74
Principal + interest$19
Property tax + insurance$54
PMI / 2nd mortgage$1
Utilities
$737
Heating + cooling$247
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$634/mo TLC
Budget$5,000/mo
Remaining after TLC$4,366/mo
Purchase price
$3,000
Down payment
$150 (5%)
Loan amount
$2,850
APR
7.19%

Quick facts

Type
Condominium
Style
Year built
1900
Lot size
Stories
2
Heating
Natural Gas, Baseboard, Forced Water
Cooling
None
Water
Connected, Individual Meter, Municipal
HOA
Annual tax
MLS #
1356530
County
Newport

At a glance

Fireplace
Dishwasher

Home features

Appliances
Gas Water HeaterDishwasherDryerExhaust FanDisposalRange HoodMicrowaveOven/RangeRefrigeratorWasher
Interior
Cathedral CeilingsStairsWalls: Dry WallInsulation: Unknown
Parking
No GarageAssigned
Fireplace
Wood Frame
Flooring
Ceramic Tile, Hardwood
Sewer
Connected, Public Sewer

Lot features

Paved Driveway, Paved, Private Compound, Wooded

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.