CCertihomes
170 Gibbs, Newport, RI 02840

$1,240,000

2 beds 2 baths 2,149 sqft Built 1948Active

About this home

Welcome to 170 Gibbs Ave., a delightful two-bedroom, two-bathroom cottage nestled in the heart of Newport. This charming home offers the perfect blend of historic character and modern convenience, making it an ideal retreat for those seeking the quintessential Newport lifestyle. Situated just a short stroll from the famous Cliff Walk, Easton's Beach, and the vibrant downtown area, you'll have easy access to Newport's best attractions, dining, and shopping. The inviting living room features beautiful hardwood floors, large windows for plty of natural light, and a fireplace perfect for relaxing. The modern kitchen boasts Big Chill appliances, granite countertops, and ample cabinet space, complemented by a cozy nook. Two well-appointed bedrooms offer comfortable living. The lower level includes two rooms, a second kitchen, a laundry room, and an extra bathroom, providing additional living space. A three-season porch overlooking the backyard, complete with beautiful gardens and lots of privacy, and a deck is ideal for al fresco dining. The fenced-in backyard and private front yard with lush hedges enhance the sense of seclusion. Updated kitchen, new furnace, air conditioner, and water heater ensure comfort and efficiency. The home’s electrical was updated in 2015. This charming cottage is perfect for year-round living, a vacation getaway, or an investment property. Don't miss this opportunity to own a piece of Newport's historic charm in a location that truly has it all.

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
$8,322/mo

Real estate (PITI + HOA + PMI)
$7,975
Principal + interest$5,624
Property tax + insurance$1,886
PMI / 2nd mortgage$465
Utilities
$1,189
Heating + cooling$448
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$8,322/mo TLC
Budget$8,822/mo
Remaining after TLC$500/mo
Purchase price
$1,240,000
Down payment
$62,000 (5%)
Loan amount
$1,178,000
APR
4%

Quick facts

Type
Residential
Style
Year built
1948
Lot size
0.16 ac
Stories
0
Heating
Oil, Forced Water
Cooling
Central Air
Water
Connected
HOA
Annual tax
$8,301
MLS #
1360104
County
Newport

At a glance

Air conditioning
Fireplace
Basement
Garage (1)
Dishwasher

Home features

Appliances
Electric Water HeaterDishwasherDryerOven/RangeRefrigeratorWasher
Interior
Plumbing: Mixed
Exterior
Deck
Parking
Detached
Fireplace
Brick
Flooring
Hardwood, Vinyl
Sewer
Connected

Lot features

Paved Driveway

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 5/29/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

170 Gibbs · Newport — $1,240,000 · Certihomes