CCertihomes
244 Gibbs, Newport, RI 02840

$1,745,000

5 beds 3 baths 2,348 sqft Built 1920Active

About this home

Welcome to 244 Gibbs Ave! This well appointed turnkey home is located in one of the most desirable neighborhoods in Newport. 244 Gibbs is just a short stroll to the beaches, Bellevue Mansions, Cliff Walk, The Wharf & downtown restaurants/shopping. From the moment you enter the front porch through the perennial gardens you will appreciate the attention to detail & design. Once inside the home the abundance of natural light evoke a feeling of peace & serenity. This meticulously maintained home offers 5 bedrooms and 2.5 bathrooms, including a 3rd floor primary/guest suite and original hardwoods throughout. Seasonal water views from every level enhance the beauty of this unique home. The main floor is an entertainer’s dream with the generous sun-filled living & dining areas. The interior space blending seamlessly with the outdoors & patio through the french doors in the dining room. Original brickwork & a wood plank ceiling accent the chef’s kitchen where you will find a working island, Viking Cooktop/Oven and Liebherr Refrigerator. A sizable butler’s pantry offers additional storage and access to the backyard. The secluded fully fenced in backyard evokes a sense of tranquility with upper and lower levels for dining/entertaining and mature landscaping. An outside shower and access to the walk-in basement/laundry and garage complete the backyard.

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
$11,151/mo

Real estate (PITI + HOA + PMI)
$10,952
Principal + interest$7,914
Property tax + insurance$2,384
PMI / 2nd mortgage$654
Utilities
$1,271
Heating + cooling$489
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$11,151/mo TLC
Budget$11,651/mo
Remaining after TLC$500/mo
Purchase price
$1,745,000
Down payment
$87,250 (5%)
Loan amount
$1,657,750
APR
4%

Quick facts

Type
Residential
Style
Bungalow
Year built
1920
Lot size
0.0878 ac
Stories
0
Heating
Natural Gas, Forced Water, Gas Connected
Cooling
Individual Unit
Water
Connected
HOA
Annual tax
$8,800
MLS #
1355817
County
Newport

At a glance

Fireplace
Basement
Garage (1)
Dishwasher

Home features

Appliances
Gas Water HeaterDishwasherDryerExhaust FanRange HoodMicrowaveOven/RangeRefrigeratorWasher
Interior
SkylightStairsWalls: Dry WallInsulation: Unknown
Parking
Detached
Fireplace
Wood Frame
Flooring
Ceramic Tile, Hardwood
Sewer
Connected

Lot features

Fenced, Paved Driveway, 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 4/17/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

244 Gibbs · Newport — $1,745,000 · Certihomes