CCertihomes
492 Thames #2, Newport, RI 02840

$3,500

2 beds 1 baths 810 sqft Built 1990Active

About this home

Recently renovated and professionally furnished, this charming 2-bedroom 1-bath condo boasts a cozy fireplace and is nestled on historical Lower Thames Street in the Yachting Village. Step into elegance with brand-new furniture adorning the space which was professionally curated in April 2024 to enhance its appeal. This unit underwent a meticulous renovation, featuring a sleek European design bathroom with an open shower and a stylish floating vanity. The renovation also included the installation of pristine hardwood floors, updated plumbing and electrical, as well as a fresh coat of paint. Convenience is key with amenities such as a designated off-street parking spot, a private balcony overlooking Thames Street, and in-unit laundry facilities. This beautiful abode offers both comfort and style in one of the most desirable locations Newport has to offer. Conveniently located within walking distance of exquisite restaurants and delightful shops. Available June 1st for a yearly lease at $3, 500 monthly. 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
$555/mo

Real estate (PITI + HOA + PMI)
$64
Principal + interest$23
Property tax + insurance$40
PMI / 2nd mortgage$1
Utilities
$599
Heating + cooling$178
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$555/mo TLC
Budget$5,000/mo
Remaining after TLC$4,445/mo
Purchase price
$3,500
Down payment
$175 (5%)
Loan amount
$3,325
APR
7.19%

Quick facts

Type
Condominium
Style
Year built
1990
Lot size
Stories
1
Heating
Electric, Baseboard
Cooling
Wall Unit(s), Window Unit(s)
Water
Connected
HOA
Annual tax
MLS #
1357944
County
Newport

At a glance

Basement
Dishwasher
Balcony

Home features

Appliances
Electric Water HeaterDishwasherDryerExhaust FanDisposalRange HoodMicrowaveOven/RangeRefrigeratorWasher
Interior
Walls: Dry Wall
Exterior
Balcony
Parking
No GarageAssigned
Fireplace
None
Flooring
Ceramic Tile, Hardwood
Sewer
Connected

Lot features

Paved Driveway, Paved

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 4/30/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

492 Thames #2 · Newport — $3,500 · Certihomes