Poised high on a 1.27 acre lot, this sunny, one level home offers beautiful views of Newport harbor and the bustling downtown waterfront area. Potential to expand the existing home or build to suit. The existing home consists of 3 bedrooms, 2 full baths, living room with water view, kitchen, separate oversized two car garage. Tranquil and peaceful surroundings.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1957
Stories: 2
Living Area: 2,136 SqFt
Listing Office:
Office Name: Gustave White Sotheby's Realty
Office Phone: (401) 849-3000
Interior Features
Interior Information:
Appliances: Dishwasher, Oven, Range, Refrigerator, Tankless Water Heater
Basement: Yes
Flooring Type: Ceramic Tile, Hardwood
Fireplace: Masonry
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Waterfront: Water Access
View: Water
Exterior: Deck
Parking Information:
Attached Garage: No
Parking: Detached, Garage
Lot Features
Lot Information:
Lot Size: 1.27 Acres
Utilities
Utilities Information:
Heating: Hot Water, Oil
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $5,700,000
Price Per SqFt: $2,669/SqFt
Tax Information:
Annual Amount: $26,395
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newport, RI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$28.5K
Per Month
Principal & Interest
$28.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$17.1K
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Claiborne Pell Elementary School
35 Dexter St
Distance between this listing and this school2.45 miles
Public District Grades PK-4
7
/10
Melrose Avenue School
76 Melrose Ave
Distance between this listing and this school3.58 miles
Public District Grades PK-4
5
/10
Joseph Gaudet Academy
1113 Aquidneck Ave
Distance between this listing and this school3.71 miles
Public District Grades 4-4
Nearby Schools
3
/10
Frank E. Thompson Middle School
55 Dr Marcus Wheatland Blvd
Distance between this listing and this school1.27 miles
Public District Grades 5-8
8
/10
Lawn Avenue School
55 Lawn Ave
Distance between this listing and this school3.43 miles
Public District Grades 5-8
8
/10
Joseph H. Gaudet School
1113 Aquidneck Ave
Distance between this listing and this school3.71 miles
Public District Grades 5-8
Nearby Schools
3
/10
Rogers High School
15 Wickham Rd
Distance between this listing and this school0.44 miles
Public District Grades 9-12
4
/10
Middletown High School
130 Valley Rd
Distance between this listing and this school3.44 miles
Public District Grades 9-12
8
/10
Narragansett High School
245 S Pier Rd
Distance between this listing and this school8.33 miles
The neighbors living near this home have an average income of $93,571. Typical income of Newport, RI residents is between $100k-200k annually. The most common type of family is single, no kids. 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.
Frequently Asked Questions About 3 Harbor View Dr
What is the listing price of this property?
The listing price of 3 Harbor View Dr property is $5,700,000.
What type of property is this?
The property 3 Harbor View Dr is a house located in Newport, Rhode Island, 02840.
Is this property for sale now?
Active Listing: 3 Harbor View Dr 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 $26,395 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 29, 2008 for $2,450,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3 Harbor View Dr has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 3 Harbor View Dr is 2,136 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3 Harbor View Dr is 1957.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3 Harbor View Dr in Newport, RI and zip code 02840. This 2,136 square foot home, which was built in 1957, sits on a 1.27 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 24, 2024 and is currently priced at $5,700,000.
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. Between October 2024 and November 2024, Newport, RI real estate market has seen decrease in the number of listings by 4.3%. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $898,000.
From Rocket Homes Real Estate and based on county public records data.