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261 Gibbs Avenue Newport

$870,000
4 3.1 4,586 sq ft

The Property

This house is selling for only $206/sqft, an amazing deal for this prestigious neighborhood. Freshly painted, you could move in as is, with some finishing work to be done. Otherwise the option is to renovate the kitchen and baths, and make this house shine again. At almost $200/sqft, you have plenty of options.

Remember, this doesn’t even take into account that this property has one of the biggest carriage houses in the area! Its that simple. Do the math, one of the best investments/home values you will find in Newport. This 4500 + square foot house located in the charming Gibbs Ave area, is ready for your vision and attention. Currently a single family, this classic property awaits your renovation and design ideas. Consisting of 4-5 bedrooms bedrooms, and 3.5 bathrooms, this house has tons of living space. A finished attic adds to the spacious living area, and includes one of the full bathrooms, and could offer that extra bedroom if needed. Much of the house has it’s original charm. A large Carriage house offers plenty of storage, along with potential apartment options.

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Listing Details

MLS Number

1238633

Lot Size:

0.31 acres

Features

  • Basement: Full
  • Clapboard
  • Fireplace: Brick,Wood Frame
  • Heating: Forced Water
  • Heating Fuel: Oil
  • Type: Historic
  • Year Built: 1870

Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today33-95.1% decrease in inventory
    New on Market *2391.7% increase in new listings
    Avg. Asking Price/Sq.Ft. *$782.35$42 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,835,438$739,284 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *93.31%-1.9% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$750.58$115 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *7515 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 www.EntryOnly.com

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