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81 Freeborn St, Portsmouth, RI, 02871

$1,300,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Full Baths
Multi

Location

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81 Freeborn St, Portsmouth$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1865
HeatingElectric, Forced Air, Propane, Oil, Other
CoolingNone
BasementYes
FireplaceNone
MLS #1372861
Lot Size0.84 Acres
StatusActive

About 81 Freeborn St

Welcome to 81-87 Freeborn Street, Portsmouth, RI a rare find offering unparalleled privacy within a large compound-style property. The centerpiece of this serene retreat is the main house, which has been masterfully and completely renovated, blending modern amenities with classic charm. This unique estate boasts four buildings, each generating impressive rental income, presenting an exceptional investment opportunity. Consisting of the main house, 3 additional rental units and an unfinished barn with an endless possibilities of uses. Nestled within the tranquility of its expansive grounds, this property provides a secluded oasis that is seldom found in Portsmouth. Perfect for discerning buyers seeking both a peaceful sanctuary and lucrative income potential, 81 Freeborn Street is a true gem waiting to be discovered. Don't miss this chance to own a piece of paradise with tremendous financial benefits. Schedule your private tour today!

Property Details

Property Features

Property Information:

  • Year Built: 1865

Listing Office:

  • Office Name: HomeSmart Professionals
  • Office Phone: (401) 921-5011

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Laminate, Marble, Carpet
  • Interior: Bathtub, Skylights, Stall Shower, Tub Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch, Patio

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Private, Secluded
  • Lot Size: 0.84 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Propane, Oil, Other
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
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Housing Market Comparison

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

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Portsmouth, RI

City

Med. Sold Price

$659K

Med. Price/SqFt

$365

Avg. Days On Market

15

# of Sold Homes

7

81 Freeborn St vs Portsmouth

35 DAYS ON ROCKET

+20 Days

$1,300,000

+$641K More

KEY TAKEAWAY

This property is $641K more than the Median Sold Price in Portsmouth, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1372861

Listing Office:

  • Office Name: HomeSmart Professionals
  • Office Phone: (401) 921-5011

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

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Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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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-4473441
10
/10

  • Hathaway Elementary School

  • 53 Tallman Ave

  • 1.04 miles

  • Public District Grades KG-4

school-card-donut-4473442
9
/10

  • Melville Elementary School

  • 1351 W Main Rd

  • 1.68 miles

  • Public District Grades KG-4

school-card-donut-4473443
6
/10

  • Fort Barton Elementary School

  • 99 Lawton Ave

  • 2.66 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,736. The most common annual income of people living in Portsmouth, RI is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Portsmouth, 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 Portsmouth, RI?

Portsmouth's housing market is characterized by a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, with colonial, ranch, and Cape Cod homes dotting the landscape. The market is balanced with a mix of older homes that reflect the town's historical roots and newer constructions that offer modern amenities. While the exact homeownership rate is not specified, the market suggests a healthy balance between owned and rented properties.

What are the advantages of living in Portsmouth, RI?

Portsmouth is known for its serene coastal charm and strong sense of community. The town prides itself on its rich history and natural beauty, with numerous parks and public spaces that encourage outdoor activities. Annual events and local traditions are a testament to the town's cultural vitality and community engagement.

Are essential services in Portsmouth, RI convenient?

The community is served by a range of educational institutions, including public and private schools that cater to various educational needs. Healthcare services are accessible, with facilities providing primary care and specialized treatments. The public library system supports lifelong learning and community activities. Retail and dining options reflect the local culture, offering a blend of traditional New England fare and contemporary cuisine.

How do Portsmouth, RI residents get around?

Transportation in Portsmouth includes a network of roads that connect residents to nearby cities and amenities. Public transit options are available, with schedules that accommodate the commuting patterns of residents. The town also supports alternative transportation methods, such as biking and walking, with certain areas designed to be particularly pedestrian-friendly. While specific ride-sharing statistics are not mentioned, such services are commonly used in the area.

Rocket Homes›Rhode Island›Newport County›Portsmouth›02871›81 Freeborn St

This home is located at 81 Freeborn St in Portsmouth, RI and zip code 02871. This home, which was built in 1865, sits on a 0.84 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $1,300,000.

In November 2024 more than 4 listings in Portsmouth, RI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 1 were sold below. In November 2024 in Portsmouth, RI there were 12.6% less homes for sale than in October 2024. While the average time on the market in November 2024 was 15 days, the median list price was $659,000.

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

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