1 month on rocket

11 Sylvan St, Newport, RI, 02840

$2,495,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
Multi

Location

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11 Sylvan St, Newport$2,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAttached, Built In, Garage
Attached GarageYes
Year Built1988
HeatingForced Air, Natural Gas, Zoned
CoolingWindow Unit(s), Wall Unit(s)
BasementYes
WaterfrontWaterfront
FireplaceMasonry
MLS #1370346
Lot Size0.48 Acres
StatusActive

About 11 Sylvan St

Ideally located just off famed Bellevue Avenue and part of the original Snug Harbor estate, this stunning Victorian is sited on a gracious 1/2 acre grassy lot with a large back yard and plenty of off street parking. With nearly 3,000 square feet of living space in the main house this 4 bedroom 2 full and 1 half bathroom has been extensively renovated with modern kitchen and laundry room. The first floor features the gourmet kitchen with center island, living room, formal dining room, den, dining area, half bathroom, and laundry room. The dining area has French doors that open an oversized deck and fully fenced yard. The second floor has 3 bedrooms and 2 full bathrooms, the 3rd floor is an open concept space offering perfect for home office, gym or bunk room. A separate, legal apartment above the 2-car garage with private entrance offers versatility for home-office, guests or rental income. Possible space for a pool. Stroll to downtown Newport's finest shopping and dining, The Cliff Walk, The International Tennis Hall of Fame and Newport's best beaches.

Property Details

Property Features

Property Information:

  • Year Built: 1988

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Attic, Skylights, Tub Shower
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Deck, Porch, Barbecue

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Built In, Garage

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.48 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Window Unit(s), Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000

Tax Information:

  • Annual Amount: $14,726
  • 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

11 Sylvan St vs Newport

43 DAYS ON ROCKET

+3 Days

$2,495,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1370346

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: 11/21/2024, 8:20:49 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$14,726$1,578,300
2020$11,177$1,087,300
2019$11,177$1,087,300
2018$10,862$1,087,300
2017$10,756$959,500

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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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-236658
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 2.05 miles

  • Public District Grades PK-4

school-card-donut-236659
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 3.10 miles

  • Public District Grades 4-4

school-card-donut-236660
7
/10

  • Melrose Avenue School

  • 76 Melrose Ave

  • 4.14 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 $69,010. Typical income of Newport, RI residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

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.

Rocket Homes›Rhode Island›Newport County›Newport›02840›11 Sylvan St

This home is located at 11 Sylvan St in Newport, RI and zip code 02840. This home, which was built in 1988, sits on a 0.48 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $2,495,000.

In October 2024, from all listings sold in Newport, RI there were more than 6 sold above asking price, over 10 sold below and more than 7 were sold right at the asked 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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