494 Thames Street Newport

$865,000
2 2 1,072 sq ft

The Property

Rare opportunity to own a unique single-family home in the heart of Newport and the Limited Business zone. Located right on Thames Street across from Waites Wharf and O’Brien’s Pub, enjoy the luxury of walking out your front doorstep and being surrounded by popular restaurants, shops, nightlife, and the Newport waterfront. This solid, masonry-built home provides three levels of living and a third-floor balcony with views of the Newport harbor or great visibility up and down all the action on lower Thames. The interior offers two recently renovated full baths, Anderson windows throughout, a full basement, gas heat, a modern kitchen that opens up to a secluded courtyard, and recently installed hardwood floors on the third floor.

This is a great opportunity to own one of only a few single-family homes on Thames Street and enjoy this prime in-town location! Off-street parking options are available nearby.

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Listing Details

MLS Number

1368786

Lot Size:

0.02 acres

Features

  • Basement: Full, Interior Only, Unfinished, Laundry, Utility
  • Marina
  • Restaurants
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Natural Gas, Baseboard, Forced Water, Zoned
  • Heating Fuel: Natural Gas, Baseboard, Forced Water, Zoned
  • Garage: 1
  • Fenced
  • Sidewalks
  • Type: Cottage
  • Year Built: 1930
  • Water Amenities: Saltwater View, Walk to Salt Water

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Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today77-93% decrease in inventory
    New on Market *17-26.1% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$553.70$188 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,342,193$959,286 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *95.35%0.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$705.19$264 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *9018 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?

    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 Edge Realty Ri

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