2 months on rocket

65 Ridge Rd Unit G29/W24, Newport, RI, 02840

$5,500

Home List Price

$65*

Closing Credit

1 Bedroom
2 Full Baths
750 SqFt
$7/SqFt
Condo

Location

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65 Ridge Rd Unit G29/W24, Newport$5,500

Buyer Closing Credits

$65*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNo Garage, Unassigned
Year Built1983
HeatingElectric, Forced Air, Natural Gas
CoolingCentral Air
WaterfrontWaterfront
FireplaceGas
ViewWater
MLS #1369872
StatusActive

About 65 Ridge Rd Unit G29/W24

TIS THE SEASON MERRY & BRIGHT, PURCHASE YOUR ANNUAL VACATION NOW FOR YEARLY DELIGHT! AFFORDABLE DEEDED TIMESHARE, NEGOTIABLE, MAKE AN OFFER! Escape to the breathtaking beauty of Newport with this spacious 1 bedroom, 2 full bath, ocean view unit at the highly sought-after Oceancliff I & II. Perfectly situated, offering stunning views of Narragansett Bay, top-notch amenities, and easy access to Newport's historic charm. Week 24 (mid-June) is the ideal time to enjoy Newport's famed summer season, with sailing, beach days, and local festivals all around the corner. Need two weeks, Week 23 (unit T21) is also available to purchase to extend your stay. If your plans change, no worries, you have the option of renting your week or joining RCI, Interval International, or VRI*ety and depositing your unit for exchange to many wonderful places around the world. Make an offer on this amazing opportunity for your deeded week of ownership at Oceancliff I & II.

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Stories: 3
  • Living Area: 750 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator
  • Basement: No
  • Flooring Type: Ceramic Tile, Carpet
  • Interior: Stall Shower, Tub Shower, Furnished, Cable TV
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water
  • Exterior: Breezeway, Patio

Parking Information:

  • Parking: No Garage, Unassigned

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500
  • Price Per SqFt: $7/SqFt

HOA Fees:

  • Amount: $1310
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Newport, RI.

Med. Sold Price

$898K

Med. Price/SqFt

$592

Avg. Days On Market

33

# of Sold Homes

16

65 Ridge Rd Unit G29/W24 vs Newport

77 DAYS ON ROCKET

+44 Days

$5,500

-$892.5K Less

$7/SqFt

-$585 Less

KEY TAKEAWAY

This property is $892.5K less than the Median Sold Price and $585/SqFt less than other homes in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1369872

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: 12/18/2024, 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.

Payment Calculator

$204

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$83

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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-4483446
7
/10
  • Melrose Avenue School

  • 76 Melrose Ave

  • 2.86 miles

  • Public District Grades PK-4

school-card-donut-4483447
4
/10
  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 4.05 miles

  • Public District Grades PK-4

school-card-donut-4483448
5
/10
  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 5.49 miles

  • Public District Grades 4-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,571. The majority of Newport, RI residents have income between $100k-200k annually. Residents typically live in single, no kids family. Most residents in this area 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.

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 65 Ridge Rd Unit G29/W24

What is the listing price of this property?

The listing price of 65 Ridge Rd Unit G29/W24 property is $5,500.

What type of property is this?

The property 65 Ridge Rd Unit G29/W24 is a condo located in Newport, Rhode Island, 02840.

Is this property for sale now?

Active Listing: 65 Ridge Rd Unit G29/W24 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 65 Ridge Rd Unit G29/W24 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 65 Ridge Rd Unit G29/W24 is 750 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 65 Ridge Rd Unit G29/W24 is 1983.

Rocket HomesRhode IslandNewport CountyNewport0284065 Ridge Rd Unit G29/W24

This home is located at 65 Ridge Rd Unit G29/W24 in Newport, RI and zip code 02840. This 750 square foot home was built in 1983. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $5,500.

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.

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