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5 Sylvan Street Newport

$845,000
6 4.1 2,394 sq ft

The Property

A stunning and truly gorgeous, renovated 6-bed, 4.5-bath brick colonial is now available in the desirable Bellevue area of Newport! Talk about a fabulous find for you, your family, or potential tenants! Perfect option as an investment property, vacation home or of course, permanent residence. This charming and elegant house has so much to offer and is a spectacular property. In 2016, the property underwent a $125k renovation, resulting in a renovated granite and stainless steel kitchen, new marble baths, new furnishings, refinished wood floors, a new boiler, an updated electrical box and fresh new paint throughout. Other amenities include a charming fireplace, fenced-in yard, detached storage garage, partially finished basement with full bath, spacious front porch, a deck off the eat-in kitchen, off street parking for 4-5 cars, newer slate roof, and a grand foyer.


Currently, the house is being rented out seasonally for $4000 per month during this off-season and usually rents for $15,000 per month over the summer months when the owners are not using it for vacation. All of this is just a short distance to downtown, shopping and the beaches. The property is already rented for next winter for $4200 per month and it includes the beautiful furnishings.

You really don’t want to pass up checking this place out – feel free to call any time for details or to schedule a showing, which I can also do via video tour. I’m here to help!

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Listing Details

MLS Number

1257497

Lot Size:

0.11 acres

Features

  • Basement: Full
  • Brick
  • Masonry
  • Fireplace: Wood Frame
  • Heating: Baseboard, Gas Connected, Radiant Heat
  • Heating Fuel: Gas
  • Garage: Detached
  • Out Building
  • Type: Colonial
  • 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 Today32-95.3% decrease in inventory
    New on Market *23109.1% increase in new listings
    Avg. Asking Price/Sq.Ft. *$805.09$169 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,845,389$776,298 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *92.85%-2.8% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$772.85$142 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *786 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 WILLIAM RAVEIS CHAPMAN ENSTONE

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