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11 Hammond Street, Unit#3 Newport

$335,000
2 1 703 sq ft

The Property

Vacation condo & Investment opportunity at its finest. This location of this 2 bed 1 bathroom condominium is truly unbeatable. Residing in the heart of the fifth ward, this unit is literally steps from all of the attractions downtown Newport has to offer. A 5 minute drive to the renowned cliff walk and historic Salve Regina university – this unit has a history of renting in the summer months and 9 month academic season.

The unit is leased through the summer, and leased for the 2021-2022 academic season as well. Give us a call and start collecting cash flow today! Additionally, the owner has obtained approval from the Hammond street condo association to build a rooftop deck – Subject to town approvals and permits.

NOTE : Concept of rooftop deck is virtually staged, and living area has been de-cluttered via virtual staging as well.

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Listing Details

MLS Number

1284873

Features

  • Basement: Full
  • Aluminum Siding
  • Heating: Forced Air
  • Heating Fuel: Gas
  • Laundry
  • Type: One Level
  • Year Built: 1900
  • Water Amenities: Walk To Water

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Market Trends for Condos
in Newport

  • Overview
    Homes for Sale Today37-92.6% decrease in inventory
    New on Market *9-40% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$657.58$36 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$607,475$273,525 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *96.05%-1.2% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$745.42$111 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *615 decrease 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?

    Contact Us

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

Listed by Century 21 North East Group

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