CCertihomes
397 Gibbs #1, Newport, RI 02840

$5,500

2 beds 2 baths 1,279 sqftActive

About this home

AVAILABLE FOR JUNE 2024. Welcome to the this charming first-floor pied-à-terre in the Carrington House estate, ideally located just steps away from the picturesque Cliff Walk and the serene Easton's Beach. This cozy abode features two bedrooms and one and a half baths, offering comfortable accommodation for residents and guests alike. The south-facing orientation ensures ample natural light throughout the day, creating a bright and inviting atmosphere. This delightful property offers the perfect blend of convenience and coastal charm. Also available for July @ $7k. August is rented. *See virtual tour link.

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
$661/mo

Real estate (PITI + HOA + PMI)
$100
Principal + interest$35
Property tax + insurance$63
PMI / 2nd mortgage$2
Utilities
$741
Heating + cooling$249
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$661/mo TLC
Budget$5,000/mo
Remaining after TLC$4,339/mo
Purchase price
$5,500
Down payment
$275 (5%)
Loan amount
$5,225
APR
7.19%

Quick facts

Type
Condominium
Style
Year built
Lot size
Stories
1
Heating
Natural Gas, Baseboard
Cooling
Window Unit(s)
Water
Connected, In Fee, Municipal
HOA
Annual tax
MLS #
1357872
County
Newport

At a glance

Dishwasher

Home features

Appliances
DishwasherDryerMicrowaveOven/RangeRefrigeratorWasher
Exterior
Patio
Parking
Assigned
Flooring
Ceramic Tile, Hardwood
Sewer
Connected, In Fee, Public Sewer

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 4/29/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

397 Gibbs #1 · Newport — $5,500 · Certihomes