Discover this unique two-bedroom condo nestled in the coveted Historic Hill neighborhood of Newport. This residence is the perfect blend of character and potential, offering a spacious loft with an attached deck that overlooks the picturesque Newport Harbor. Charming details throughout, this unit is ready for your personal touch and vision. Sold "As Is", this condo is a fantastic opportunity to own a piece of Newport's historic charm and it comes with. 2 off street parking spaces also included.
Property Details
Property Features
Property Information:
Year Built: 1900
Stories: 2
Living Area: 1,241 SqFt
Listing Office:
Office Name: Hogan Associates Christie's
Office Phone: (401) 447-9180
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Oven, Range, Washer
Basement: Yes
Flooring Type: Ceramic Tile, Hardwood, Carpet
Interior: Cathedral Ceiling(s), Skylights, Stall Shower, Tub Shower
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Waterfront: Waterfront
Exterior: Deck
Parking Information:
Parking: Assigned, No Garage
Utilities
Utilities Information:
Heating: Baseboard, Electric
Cooling: Window Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $759,000
Price Per SqFt: $612/SqFt
HOA Fees:
Amount: $460
Frequency: Monthly
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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,316
Per Month
Principal & Interest
$3,789
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)
$460
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
$2,342
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 school1.61 miles
Public District Grades PK-4
5
/10
Joseph Gaudet Academy
1113 Aquidneck Ave
Distance between this listing and this school2.85 miles
Public District Grades 4-4
7
/10
Melrose Avenue School
76 Melrose Ave
Distance between this listing and this school3.68 miles
Public District Grades PK-4
Nearby Schools
3
/10
Frank E. Thompson Middle School
55 Dr Marcus Wheatland Blvd
Distance between this listing and this school0.43 miles
Public District Grades 5-8
8
/10
Joseph H. Gaudet School
1113 Aquidneck Ave
Distance between this listing and this school2.85 miles
Public District Grades 5-8
8
/10
Lawn Avenue School
55 Lawn Ave
Distance between this listing and this school3.54 miles
Public District Grades 5-8
Nearby Schools
3
/10
Rogers High School
15 Wickham Rd
Distance between this listing and this school1.28 miles
Public District Grades 9-12
4
/10
Middletown High School
130 Valley Rd
Distance between this listing and this school2.58 miles
Public District Grades 9-12
7
/10
North Kingstown High School
150 Fairway Dr
Distance between this listing and this school8.56 miles
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. The majority of 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.
What are the common housing types 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 are the advantages of living 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.
Are essential services in Newport, RI convenient?
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.
How do Newport, RI residents get around?
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 75 Pelham St Unit D
What is the listing price of this property?
The listing price of 75 Pelham St Unit D property is $759,000.
What type of property is this?
The property 75 Pelham St Unit D is a condo located in Newport, Rhode Island, 02840.
Is this property for sale now?
Active Listing: 75 Pelham St Unit D is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 75 Pelham St Unit D has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 75 Pelham St Unit D is 1,241 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 75 Pelham St Unit D is 1900.
This home is located at 75 Pelham St Unit D in Newport, RI and zip code 02840. This 1,241 square foot home was built in 1900. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 30, 2024 and is currently priced at $759,000.
In October 2024, from all listings sold in Newport, RI there were more than 6 sold above asking price, over 10 sold below and more than 7 were sold right at the asked price. The number of homes for sale 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.