2 months on rocket

42 Second St, Newport, RI, 02840

$2,195,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
2,600 SqFt
$844/SqFt
House

Location

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42 Second St, Newport$2,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1731
HeatingNatural Gas, Hot Water
CoolingDuctless, Central Air
BasementYes
WaterfrontWaterfront
FireplaceInsert, Gas, Masonry
MLS #1371412
Lot Size0.05 Acres
StatusActive

About 42 Second St

Nestled in the heart of Newport's Historic Point neighborhood, Willows Edge, built in 1731 by Newport Quaker James Davis, has stood proudly at its corner for nearly three centuries. The finest artisans and craftsmen have meticulously restored this home. From the foundation to the exterior, every detail has been preserved and enhanced with unparalleled care. Offering five bedrooms and four and a half updated bathrooms across three floors, there is space for everyone. This home masterfully blends modern amenities with the charming elegance of the past. The custom-milled exterior, paired with wide plank interior floors and six fireplaces, exudes warmth and craftsmanship. Every inch of this property reflects a deep respect for its history, with no expense spared to ensure its longevity for the next 300 years. The garden edged and fenced back yard is an unexpected oasis to enjoy throughout the seasons. The lovely curb appeal of this property is enhanced by the brick driveway. Set in one of Newport's most sought-after and historically significant neighborhoods, you will be surrounded by beautifully preserved colonial homes and moments from the waterfront, shopping and fabulous eats. Willow's Edge invites you to experience this remarkable fusion of old and new. This is a home built to stand the test of time and is ready to welcome its next chapter.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Historic/Antique
  • Year Built: 1731
  • Stories: 3
  • Living Area: 2,600 SqFt

Listing Office:

  • Office Name: Engel & Volkers
  • Office Phone: (401) 638-0010

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Attic, Permanent Attic Stairs, Tub Shower, Wine Cellar
  • Fireplace: Insert, Gas, Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Porch, Paved Driveway

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: Ductless, Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,195,000
  • Price Per SqFt: $844/SqFt
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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

42 Second St vs Newport

60 DAYS ON ROCKET

+27 Days

$2,195,000

+$1.2M More

$844/SqFt

+$252 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $252/SqFt more than other homes in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1371412

Listing Office:

  • Office Name: Engel & Volkers
  • Office Phone: (401) 638-0010

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: 12/21/2024, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-769392
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 0.66 miles

  • Public District Grades PK-4

school-card-donut-769393
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 2.03 miles

  • Public District Grades 4-4

school-card-donut-769394
7
/10

  • Melrose Avenue School

  • 76 Melrose Ave

  • 3.70 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 $87,127. Most Newport, RI residents have annual incomes between $35k-100k. Most families are 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.

Types of housing 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.

What is it like to live in Newport, RI?

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.

Is it easy to get around Newport, RI without a car?

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.

Transportation in Newport, RI.

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 42 Second St

What is the listing price of this property?

The listing price of 42 Second St property is $2,195,000.

What type of property is this?

The property 42 Second St is a house located in Newport, Rhode Island, 02840.

Is this property for sale now?

Active Listing: 42 Second St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 42 Second St has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 42 Second St is 2,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 42 Second St is 1731.

Rocket Homes›Rhode Island›Newport County›Newport›02840›42 Second St

This home is located at 42 Second St in Newport, RI and zip code 02840. This 2,600 square foot home, which was built in 1731, sits on a 0.05 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $2,195,000.

Over 6 listings were sold over their listed price in November 2024 in Newport, RI. In the same period over 6 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Newport, RI decreased by 4.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $898,000, while the average time on the real estate market was 33 days.

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

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