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Backup Offers

25 Annandale Rd, Newport, RI, 02840

$891,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
Multi

Location

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25 Annandale Rd, Newport$891,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1900
HeatingBaseboard, Hot Water, Oil
CoolingNone
BasementYes
WaterfrontWaterfront
FireplaceNone
MLS #1355213
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 25 Annandale Rd

Welcome to 25 Annandale Road in the picturesque coastal town of Newport, Rhode Island. This unique property presents an exceptional opportunity, whether you're searching for a serene second home or a principal residence. Currently structured as a two-family home, offering versatility and potential. With a shared front entry foyer, the layout is seamless, featuring individual living rooms, eat-in kitchens, comfortable bedrooms, and bathrooms with tub/shower combinations in each unit. Enjoy outdoor living with large decks off each unit overlooking the large private, fenced yard. The location is simply unbeatable; find yourself within an easy stroll to an array of fine dining, boutique shopping, iconic tennis courts, the scenic Cliff Walk, and the sun-soaked beach. Parking is a breeze with four off-street spaces available off Lowndes Street and the possibility to expand further. A full basement offers extensive storage possibilities, while two hot water heating systems with tankless water guarantee comfort and efficiency. Each unit also boasts its own electric meter, with circuit breaker panels in the unit, ensuring practicality and convenience. While the property could benefit from some updating, the investment promises to enhance the charm and value of this delightful residence. Envision living in one unit while drawing income from the other or providing a luxurious guest space for visiting family and friends. Your coastal dream home awaits!

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: RE/MAX Profnl. Newport, Inc.
  • Office Phone: (401) 849-0100

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Tankless Water Heater, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate, Other
  • Interior: Attic, Tub Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Deck

Parking Information:

  • Parking: No Garage

Virtual/3D Tour

  • 3D Tour: 25 Annandale Rd
3D Tour

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water, Oil
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $891,000

Tax Information:

  • Annual Amount: $6,089
  • 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

$898K

Med. Price/SqFt

$592

Avg. Days On Market

33

# of Sold Homes

16

25 Annandale Rd vs Newport

271 DAYS ON ROCKET

+238 Days

$891,000

-$7K Less

KEY TAKEAWAY

This property is $7K less 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: #1355213

Listing Office:

  • Office Name: RE/MAX Profnl. Newport, Inc.
  • Office Phone: (401) 849-0100

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: 12/18/2024, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 14, 1989Home Sold
$113,500

Tax History

YEARPROP. TAXASSESSMENT
2021$6,089$652,600
2020$5,799$564,100
2019$5,799$564,100
2018$5,635$564,100
2017$4,264$380,400

History based on county public records data.

Payment Calculator

$4,514

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,738

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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-4478465
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 1.83 miles

  • Public District Grades PK-4

school-card-donut-4478466
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 2.82 miles

  • Public District Grades 4-4

school-card-donut-4478467
7
/10

  • Melrose Avenue School

  • 76 Melrose Ave

  • 4.23 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. Most Newport, RI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living 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›25 Annandale Rd

This home is located at 25 Annandale Rd in Newport, RI and zip code 02840. This home, which was built in 1900, sits on a 0.14 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $891,000.

In November 2024 more than 6 listings in Newport, RI were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 6 were sold below. In November 2024 in Newport, RI there were 4.3% less homes for sale than in October 2024. In November 2024 median list price was $898,000 and the average listing age was 33 days.

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

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