new - 4 days on rocket

38 Dr Marcus F Wheatland Blvd, Newport, RI, 02840

$1,800,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
Multi

Location

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38 Dr Marcus F Wheatland Blvd, Newport$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1986
HeatingElectric, Forced Air, Other
CoolingWall Unit(s)
BasementYes
WaterfrontWaterfront
FireplaceNone
MLS #1372677
Lot Size0.16 Acres
StatusActive

About 38 Dr Marcus F Wheatland Blvd

Rare opportunity of an updated multi mixed used unit property in Newport with 7,008 SF lot, parking for up to 11 cars, Brand new updated units, fully furnished, Two loft style units townhouse style on top level with one two bedrooms & one bedroom with baths, lower level has three full bedrooms with their own private bathrooms & mini fridge, coffee maker and sink with a hotel style room with each room having a private entry. This property does offer five units in total! Right in the heart of Newport walking distance to all restaurants, water dock & tourism area. It's a Must See!

Property Details

Property Features

Property Information:

  • Year Built: 1986

Listing Office:

  • Office Name: Keller Williams Coastal
  • Office Phone: (401) 845-9200

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Laminate
  • Interior: Cathedral Ceiling(s), Skylights, Tub Shower, Furnished, Cable TV
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Deck, Porch, Patio, Paved Driveway

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Other
  • Cooling: Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000
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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

38 Dr Marcus F Wheatland Blvd vs Newport

4 DAYS ON ROCKET

-36 Days

$1,800,000

+$903.5K More

KEY TAKEAWAY

This property is $903.5K 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: #1372677

Listing Office:

  • Office Name: Keller Williams Coastal
  • Office Phone: (401) 845-9200

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: 11/17/2024, 12:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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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-408426
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 1.12 miles

  • Public District Grades PK-4

school-card-donut-408427
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 2.45 miles

  • Public District Grades 4-4

school-card-donut-408428
7
/10

  • Melrose Avenue School

  • 76 Melrose Ave

  • 3.58 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 $40,500. Residents of Newport, RI typically earn less than $35k each year. Most families are single, no kids. 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.

Rocket Homes›Rhode Island›Newport County›Newport›02840›38 Dr Marcus F Wheatland Blvd

This home is located at 38 Dr Marcus F Wheatland Blvd in Newport, RI and zip code 02840. This home, which was built in 1986, sits on a 0.16 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $1,800,000.

While more than 6 listings in Newport, RI in October 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 10 were sold below. The number of listings in Newport, RI increased by 1% between September 2024 and October 2024. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $896,500.

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

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