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28 Simmons Street Newport

$525,000
4 2 1,502 sq ft

The Property

Investors take notice! Recently renovated 4 bed, 2 full bath cottage in the desirable 5th Ward of Newport. Improvements include new granite and stainless kitchen, new upscale marble baths, new replacement hardwood floors throughout, open concept living room, eat-in kitchen, bonus family room on the second floor, attic storage, enclosed front porch, outdoor shower, fenced-in yard with patio and shed. Currently a great investment with seasonal rent of $2800 per month for the off-season and usually $11000 per month for the summer. All this just a short distance to Lower Thames, downtown and Ocean Drive.

Video walk through available.

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Listing Details

MLS Number

1254388

Lot Size:

0.06 acres

Features

  • Basement: Full
  • Patio
  • Screened Pch/Patio/Dck/Brzwy
  • Storm Door
  • Vinyl Siding
  • Heating: Forced Water
  • Heating Fuel: Oil
  • Fenced
  • Out Building
  • Type: Cottage
  • Year Built: 1900
  • Water Amenities: Walk to Salt Water

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Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today43-93.8% decrease in inventory
    New on Market *2531.6% increase in new listings
    Avg. Asking Price/Sq.Ft. *$822.14$96 increase in List Price/Sq.Ft.
    Avg. Sale Price *$922,260$614,240 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.85%4.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$653.74$4 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *639 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?

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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 CHAPMAN ENSTONE

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