CCertihomes
4 Cherry, Newport, RI 02840

$2,679,000

4 beds 5 baths 3,142 sqft Built 2024Active

About this home

New Construction Home in the Point w/ off-street parking! This magnificent 3, 142 sf new home was custom built by Harbor Construction and artfully designed by A. Tesa Architecture of Newport complemented by a professionally designed interior by Alex Interiors. The main floor features an open floor plan with a custom designed and built kitchen by Metropolitan Cabinets equipped with Thermador appliances along with a separate mudroom and powder room off the main entrance. Sliders open up to a natural stone patio and a generously sized fully fenced in landscaped backyard. Stepping up to the 2nd floor the en-suite primary bedroom includes high end details such as a nickel-gap shiplap ceiling and spa quality shower by Rohl. Additionally, the 2nd floor has an en-suite bedroom for guests. The top floor includes two more generously sized bedrooms and a full bath. Wide plank white oak flooring is found throughout. Rounding out the interior is a finished full height lower level with oversized casement windows flooding the space with natural light. The 500 sf finished space is perfect for a media room, gym, wine room or lounge and also includes a 1/2 bath on this level. The exterior was built to the highest quality with double dipped Maibec cedar shingles, cedar clapboards and Anderson 400 windows. The farmers porch adds the perfect touch of classic architecture with contemporary living. Don't miss this opportunity to purchase the first new home to come to market in the Point in decades!

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
$15,968/mo

Real estate (PITI + HOA + PMI)
$16,029
Principal + interest$12,150
Property tax + insurance$2,874
PMI / 2nd mortgage$1,005
Utilities
$1,453
Heating + cooling$580
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$15,968/mo TLC
Budget$16,468/mo
Remaining after TLC$500/mo
Purchase price
$2,679,000
Down payment
$133,950 (5%)
Loan amount
$2,545,050
APR
4%

Quick facts

Type
Residential
Style
Year built
2024
Lot size
0.12 ac
Stories
0
Heating
Natural Gas, Central Air, Central, Forced Air, Forced Water, Hot Air, Hydro-Air
Cooling
Central Air
Water
Connected, Individual Meter
HOA
Annual tax
$4,287
MLS #
1356899
County
Newport

At a glance

Air conditioning
Basement
Dishwasher

Home features

Appliances
Gas Water HeaterTankless Water HeaterDishwasherExhaust FanDisposalRange HoodMicrowaveOven/RangeRefrigerator
Interior
Walls: Dry WallPlasterPlumbing: MixedInsulation: CeilingFloorsWalls
Exterior
Porch
Parking
No Garage
Fireplace
None
Flooring
Hardwood
Sewer
Connected, Public

Lot features

Local Historic District

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

4 Cherry · Newport — $2,679,000 · Certihomes