51 Cedar Avenue Portsmouth

$715,000
3 1.1 984 sq ft

The Property

WATERFRONT home completely updated and set back on quiet street. This is an ideal turnkey investment property, second home, or primary residence, with stunning water views from every room. Beautifully remodeled and updated–new roof, updated electrical, plumbing, high efficiency forced hot air heating and central AC, new clothes washer, water heater and updated state of the art multi stage septic system with internet control panel. Gorgeous new open kitchen with stainless appliances and quartz countertops.

Updated half bath on first level and full bath upstairs. Oversized deck overlooking water with unobstructed views. Private access steps to secluded Blue Bill Cove for kayaking, swimming, fishing, boating with boat channel to the Sakonnet River, Mount Hope and Narragansett Bays. Outstanding rental history of over $50K last year as a town permitted Air BnB/VRBO, rental documentation available upon request. Property can have a boat mooring directly behind house. Furniture available for purchase. Low cost flood insurance of $1000 a year. Walk to town beach and fantastic restaurants. Short drive to Newport, Bristol, beaches, wineries as well as quick access to Providence and Boston. Agent owner.

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Listing Details

MLS Number

1301685

Lot Size:

0.07 acres

Features

  • Basement: Full
  • Vinyl Siding
  • Heating: Forced Air
  • Heating Fuel: Gas
  • Waterfront
  • Waterview
  • Type: Colonial
  • Year Built: 1926
  • Water Amenities: Access, Beach, Flood Insurance, Saltwater Front, Saltwater View, Walk to Salt Water, Walk To Water

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Market Trends for Single Family Homes
in Portsmouth

  • Overview
    Homes for Sale Today71-93.2% decrease in inventory
    New on Market *19-36.7% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$415.09$107 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,172,708$325,887 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *93.73%-3.1% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$467.18$54 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *782 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by William Raveis Real Estate

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