3 months on rocket

8 Caswell Ave Unit D, Newport, RI, 02840

$500,000

Home List Price

$5,938*

Closing Credit

2 Bedrooms
1 Full Bath
722 SqFt
$693/SqFt
Condo

Location

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8 Caswell Ave Unit D, Newport$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, No Garage
Year Built1960
HeatingBaseboard, Hot Water, Oil
CoolingNone
BasementYes
FireplaceNone
MLS #1363459
Lot Size0.34 Acres
StatusActive

About 8 Caswell Ave Unit D

Recent condo conversion - first time offered for sale! This property was built as a fourplex in the 1960's There are 2 designated off-street parking spaces for each unit and separate utilities with deduct meters for each unit as well as one common water meter for the building. Caswell Ave is a dead-end street with only local traffic and abuts Vernon playground which has a baseball field and tennis courts. The backyard is spacious with gardens and a patio that lends itself to outdoor activities. Potential buyers will be provided a public offering statement, not a resale certificate.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 2
  • Living Area: 722 SqFt

Listing Office:

  • Office Name: Hogan Associates Christie's
  • Office Phone: (401) 862-9962

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Laminate, Other
  • Interior: Attic, Tub Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Paved Driveway

Parking Information:

  • Parking: Assigned, No Garage

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water, Oil
  • Cooling: None

School Info

Assigned Schools Information:

  • Rogers High School, Public District Grades 9-12
  • Frank E. Thompson Middle School, Public District Grades 5-8
  • Claiborne Pell Elementary School, Public District Grades PK-4

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $693/SqFt

HOA Fees:

  • Amount: $326
  • 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

$870K

Med. Price/SqFt

$576

Avg. Days On Market

45

# of Sold Homes

25

8 Caswell Ave Unit D vs Newport

99 DAYS ON ROCKET

+54 Days

$500,000

-$370K Less

$693/SqFt

+$116 More

KEY TAKEAWAY

This property is $370K less than the Median Sold Price and $116/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: #1363459

Listing Office:

  • Office Name: Hogan Associates Christie's
  • Office Phone: (401) 862-9962

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: 10/18/2024, 4:20:48 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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$2,889

Per Month

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.

Elementary School

school-card-donut-687608
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 0.57 miles

  • Public District Grades PK-4

Middle School

school-card-donut-687609
3
/10

  • Frank E. Thompson Middle School

  • 55 Broadway

  • 0.86 miles

  • Public District Grades 5-8

High School

school-card-donut-687610
3
/10

  • Rogers High School

  • 15 Wickham Rd

  • 2.54 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,000. Most Newport, RI residents have annual incomes between $35k-100k. The most common type of family is 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 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 8 Caswell Ave Unit D

What is the listing price of this property?

The listing price of 8 Caswell Ave Unit D property is $500,000.

What type of property is this?

The property 8 Caswell Ave Unit D is a condo located in Newport, Rhode Island, 02840.

Is this property for sale now?

Active Listing: 8 Caswell Ave Unit D is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8 Caswell Ave Unit D are:
Claiborne Pell Elementary School: GreatSchools Rating 4/10
Frank E. Thompson Middle School: GreatSchools Rating 3/10
Rogers High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 8 Caswell Ave Unit D has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 8 Caswell Ave Unit D is 722 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8 Caswell Ave Unit D is 1960.

Rocket Homes›Rhode Island›Newport County›Newport›02840›8 Caswell Ave Unit D

This home is located at 8 Caswell Ave Unit D in Newport, RI and zip code 02840. This 722 square foot home, which was built in 1960, sits on a 0.34 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $500,000.

In September 2024, from all listings sold in Newport, RI there were more than 4 sold above asking price, over 18 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Newport, RI between August 2024 and September 2024 increased by 10.6%. While the average time on the market in September 2024 was 45 days, the median list price was $870,000.

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

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