1 month on rocket

10 Red Cross Ter, Newport, RI, 02840

$1,200,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
2,261 SqFt
$531/SqFt
House

Location

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10 Red Cross Ter, Newport$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached GarageYes
Year Built1952
HeatingBaseboard, Heat Pump, Oil
CoolingDuctless, Heat Pump
BasementYes
WaterfrontWaterfront
FireplaceNone
MLS #1369867
Lot Size0.19 Acres
StatusActive

About 10 Red Cross Ter

Discover the ultimate Newport lifestyle at 10 Red Cross Terrace! This freshly renovated 4-bed, 2-bath home offers an unbeatable location on a quiet dead-end street, just a 10-minute walk from beautiful First Beach. Enjoy being steps away from the famed Bellevue Avenue and the prestigious International Tennis Hall of Fame and less than a 20-minute stroll to the downtown waterfront, filled with shops, dining, and cultural attractions. Newport is renowned for its beautiful beaches, and rich history, making it the perfect destination for both relaxation and adventure. Spend your days soaking up the sun on the soft sands, exploring the historic mansions along Bellevue Avenue, or indulging in fresh seafood at one of the many waterfront restaurants. Nestled in a quiet neighborhood, this home provides a peaceful retreat while keeping you close to all the excitement Newport has to offer. Whether you're enjoying a casual stroll through the picturesque streets or taking part in local events, this location is ideal for anyone looking to immerse themselves in the vibrant Newport community. With its prime location and desirable features, this property also presents a great and lucrative investment potential, perfect for a rental or as a vacation home. Additionally, expansion options remain, allowing you to customize and enhance the property to fit your vision. This home is more than just a residence; it's your gateway to the best of Newport. Don't miss out on this incredible opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1952
  • Stories: 1
  • Living Area: 2,261 SqFt

Listing Office:

  • Office Name: Mott & Chace Sotheby's Intl.
  • Office Phone: (401) 789-8899

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Attic, Stall Shower, Tub Shower, Furnished
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Waterfront

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Heat Pump, Oil
  • Cooling: Ductless, Heat Pump

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $531/SqFt

Tax Information:

  • Annual Amount: $5,275
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport, RI.

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Newport, RI

City

Med. Sold Price

$896.5K

Med. Price/SqFt

$587

Avg. Days On Market

40

# of Sold Homes

23

10 Red Cross Ter vs Newport

52 DAYS ON ROCKET

+12 Days

$1,200,000

+$303.5K More

$531/SqFt

-$57 Less

KEY TAKEAWAY

This property is $303.5K more than the Median Sold Price and $57/SqFt less than other homes in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1369867

Listing Office:

  • Office Name: Mott & Chace Sotheby's Intl.
  • Office Phone: (401) 789-8899

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 4:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,275$565,400
2020$5,982$581,900
2019$5,982$581,900
2018$5,813$581,900
2017$4,576$408,200

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-807980
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 1.64 miles

  • Public District Grades PK-4

school-card-donut-807981
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 2.70 miles

  • Public District Grades 4-4

school-card-donut-807982
7
/10

  • Melrose Avenue School

  • 76 Melrose Ave

  • 4.09 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,333. Residents of Newport, RI typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Newport, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Newport, RI?

Newport's housing market is characterized by a blend of historic charm and modern luxury, with a significant presence of colonial and Victorian-style homes that reflect the city's rich history. The housing landscape is diverse, offering a mix of single-family homes, apartments, and townhouses. While the majority of homes are owner-occupied, there is also a substantial rental market catering to the city's seasonal population and year-round residents alike.

Is Newport, RI a good place to live?

Newport is celebrated for its vibrant history and maritime culture, with the community taking pride in its well-preserved architecture and famous seaside attractions. The city's character is further enriched by annual events such as the Newport Jazz Festival and the Newport International Boat Show, which draw visitors from around the world and contribute to the area's lively atmosphere.

Are things conveniently located in Newport, RI?

The community benefits from a robust educational system, with a number of public and private schools providing a range of educational opportunities. Healthcare services are comprehensive, with local hospitals and clinics offering a variety of medical care options. Newport's public library system serves as a valuable resource for residents, and the city's array of shops and restaurants reflects the local culture, with an emphasis on seafood and coastal cuisine.

What does the transportation in Newport, RI look like?

Newport's transportation infrastructure supports both private and public transit options, with a network of roads and bridges connecting the city to the rest of Rhode Island and beyond. Public transportation services are available, providing connections to key areas within the city and to neighboring communities. The city is also bike-friendly, with several designated paths and lanes. For those without a vehicle, ride-sharing services are a popular choice for getting around.

Frequently Asked Questions About 10 Red Cross Ter

What is the listing price of this property?

The listing price of 10 Red Cross Ter property is $1,200,000.

What type of property is this?

The property 10 Red Cross Ter is a house located in Newport, Rhode Island, 02840.

Is this property for sale now?

Active Listing: 10 Red Cross Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,275 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 10 Red Cross Ter has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 10 Red Cross Ter is 2,261 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10 Red Cross Ter is 1952.

Rocket Homes›Rhode Island›Newport County›Newport›02840›10 Red Cross Ter

This home is located at 10 Red Cross Ter in Newport, RI and zip code 02840. This 2,261 square foot home, which was built in 1952, sits on a 0.19 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $1,200,000.

Over 6 listings were sold over their listed price in October 2024 in Newport, RI. In the same period over 10 listings were sold below the listed price and 7 listings were sold for the listed price. The inventory of homes for sale in Newport, RI between September 2024 and October 2024 increased by 1%. The median list price of listings available in October 2024 was $896,500, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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