new - 20 hours on rocket

8 Peckham Ave, Newport, RI, 02840

$899,900

Home List Price

$10,000*

Closing Credit

6 Bedrooms
3 Full Baths
Multi

Location

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8 Peckham Ave, Newport$899,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1920
HeatingHot Water, Oil
CoolingWindow Unit(s)
BasementYes
FireplaceNone
MLS #1374891
Lot Size0.14 Acres
StatusActive

About 8 Peckham Ave

Excellent opportunity to own this solid Victorian home in the vibrant North End of Newport! This quality, three-level property sits on a generous 6077 sqft deep lot, nestled back from Broadway on a serene, well-established street. Perfectly positioned near single-family homes, it's just a short walk or bike ride to downtown Newport and only one mile from Middletown, with convenient access to the Newport-Pell Bridge and Naval Station Newport.This spacious home features hardwood floors throughout and a sun-filled first-floor unit with period details and modern granite kitchen upgrades. It includes a full bath, separate laundry area, center parlor, and a large master bedroom with pocket doors and French doors leading to the foyer and front porch. The newly built eat-in kitchen comes with new appliances and a cozy sunroom. It boasts a strong rental history with consistent midterm and long-term occupancy, making it an ideal investment or a great owner-occupant. The property features ample parking for 7+ vehicles and offers endless possibilities for customization, including the option to convert back to a single-family residence.

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: Century 21 Shoreline
  • Office Phone: (401) 269-6169

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Tub Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Oil
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,900

Tax Information:

  • Annual Amount: $4,517
  • Tax Year: 2021
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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

8 Peckham Ave vs Newport

1 DAY ON ROCKET

-32 Days

$899,900

+$1.9K More

KEY TAKEAWAY

This property is $1.9K more than the Median Sold Price in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1374891

Listing Office:

  • Office Name: Century 21 Shoreline
  • Office Phone: (401) 269-6169

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, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 16, 1999Home Sold
$127,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,517$484,100
2020$3,801$369,700
2019$3,801$369,700
2018$3,693$369,700
2017$3,185$284,100

History based on county public records data.

Payment Calculator

$4,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,764

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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-689926
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 0.38 miles

  • Public District Grades PK-4

school-card-donut-689927
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 1.73 miles

  • Public District Grades 4-4

school-card-donut-689928
7
/10

  • Melrose Avenue School

  • 76 Melrose Ave

  • 3.89 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 $70,253. Residents of Newport, RI typically earn between $35k-100k each year. The majority of families are 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.

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.

Rocket Homes›Rhode Island›Newport County›Newport›02840›8 Peckham Ave

This home is located at 8 Peckham Ave in Newport, RI and zip code 02840. This home, which was built in 1920, sits on a 0.14 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $899,900.

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. The number of homes for sale in Newport, RI decreased by 4.3% between October 2024 and November 2024. In November 2024 median list price was $898,000 and the average listing age was 33 days.

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

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