26 days on rocket

Backup Offers

426 Spring St Unit 203, Newport, RI, 02840

$1,299,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,780 SqFt
$730/SqFt
Condo

Location

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426 Spring St Unit 203, Newport$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, No Garage
Year Built1889
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceNone
ViewWater
MLS #1373519
StatusAccepting Backup Offers
(Active Under Contract)

About 426 Spring St Unit 203

Discover this exceptional condominium in the heart of Newport's prestigious Mansion District. Located next to the Elms, the historic Lenthal School, originally constructed in 1889 was completely renovated in 2008. This end unit seamlessly combines timeless charm with modern luxury. Showcasing 14-foot ceilings, exposed wood beams, stone walls, and oversized windows, the space is bathed in natural light. Spanning two levels, this townhouse style home features three bedrooms, two full baths, an expansive open-concept living and dining area, and in-unit laundry. Additional conveniences include two assigned parking spaces, one secure storage areas, and an array of on-site amenities. Relax on the rooftop observation deck with sweeping harbor views or sit and enjoy the beautifully landscaped bluestone patio below. Professionally managed and move-in ready, this turnkey property places you just steps from Newport's finest attractions.

Property Details

Property Features

Property Information:

  • Year Built: 1889
  • Stories: 2
  • Living Area: 1,780 SqFt

Listing Office:

  • Office Name: Hogan Associates Christie's
  • Office Phone: (401) 225-1705

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Carpet
  • Interior: Cathedral Ceiling(s), Skylights, Stall Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Water
  • Exterior: Patio, Paved Driveway

Parking Information:

  • Parking: Assigned, No Garage

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $730/SqFt

HOA Fees:

  • Amount: $580
  • Frequency: Monthly
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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

426 Spring St Unit 203 vs Newport

26 DAYS ON ROCKET

-7 Days

$1,299,000

+$401K More

$730/SqFt

+$138 More

KEY TAKEAWAY

This property is $401K more than the Median Sold Price and $138/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: #1373519

Listing Office:

  • Office Name: Hogan Associates Christie's
  • Office Phone: (401) 225-1705

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

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

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$7,131

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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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-4476379
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 2.06 miles

  • Public District Grades PK-4

school-card-donut-4476380
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 3.22 miles

  • Public District Grades 4-4

school-card-donut-4476381
7
/10

  • Melrose Avenue School

  • 76 Melrose Ave

  • 3.88 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 $71,642. Typical income of Newport, RI residents is between $35k-100k 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.

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 426 Spring St Unit 203

What is the listing price of this property?

The listing price of 426 Spring St Unit 203 property is $1,299,000.

What type of property is this?

The property 426 Spring St Unit 203 is a condo located in Newport, Rhode Island, 02840.

Is this property for sale now?

Accepting Backup Offers: 426 Spring St Unit 203 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 426 Spring St Unit 203 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 426 Spring St Unit 203 is 1,780 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 426 Spring St Unit 203 is 1889.

Rocket Homes›Rhode Island›Newport County›Newport›02840›426 Spring St Unit 203

This home is located at 426 Spring St Unit 203 in Newport, RI and zip code 02840. This 1,780 square foot home was built in 1889. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $1,299,000.

While more than 6 listings in Newport, RI in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and 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%. Listings spent 33 days on the market in November 2024, and had a median list price of $898,000 during the same period.

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

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