StatusAccepting Backup Offers (Active Under Contract)
About 00 Wapping Rd
6.5acre parcel is accessed by right of way on Briarwood Lane. Boasting an enviable location near Newport National Golf Course, pristine beaches, shopping, and the vibrant downtown of Newport, this property offers incredible potential for creating a unique compound. Presently being utilized as a nursery, the property features a wealth of natural screening on the borders while the interior remains mostly cleared. This highly desirable location offers the best of both worlds: a serene, semi-rural setting within close proximity to the area's finest attractions and amenities. With convenient access to all these offerings without the need for main roads, future residents will truly enjoy the ultimate coastal Rhode Island lifestyle. Please note, all interested parties must obtain permission before walking or driving onto the lot. Don't miss this rare opportunity! Could be purchased with additional acre lot fronting Wapping Road for $1,850,000. See MLS listing #1340866.
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Profnl. Newport, Inc.
Office Phone: (401) 849-0100
Lot Features
Lot Information:
Lot: Level
Lot Size: 6.50 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $1,500,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Portsmouth, RI.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,564
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Forest Avenue School
315 Forest Ave
Distance between this listing and this school2.11 miles
Public District Grades KG-3
5
/10
Aquidneck School
70 Reservoir Ave
Distance between this listing and this school2.60 miles
Public District Grades PK-3
2
/10
Claiborne Pell Elementary School
35 Dexter St
Distance between this listing and this school3.19 miles
Public District Grades PK-4
Nearby Schools
4
/10
Joseph Gaudet Academy
1113 Aquidneck Ave
Distance between this listing and this school1.74 miles
Public District Grades 4-4
6
/10
Joseph H. Gaudet School
1113 Aquidneck Ave
Distance between this listing and this school1.74 miles
Public District Grades 5-8
7
/10
Portsmouth Middle School
125 Jepson Ln
Distance between this listing and this school2.92 miles
Public District Grades 4-8
Nearby Schools
6
/10
Middletown High School
130 Valley Rd
Distance between this listing and this school2.14 miles
Public District Grades 9-12
4
/10
Rogers High School
15 Wickham Rd
Distance between this listing and this school5.50 miles
Public District Grades 9-12
8
/10
Portsmouth High School
120 Education Ln
Distance between this listing and this school6.07 miles
The neighbors living near this home have an average income of $94,243. Typical income of Portsmouth, RI residents is between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 00 Wapping Rd
What is the listing price of this property?
The listing price of 00 Wapping Rd property is $1,500,000.
What type of property is this?
The property 00 Wapping Rd is land located in Portsmouth, Rhode Island, 02871.
Is this property for sale now?
Accepting Backup Offers: 00 Wapping Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 00 Wapping Rd in Portsmouth, RI and zip code 02871. This home sits on a 6.50 acre lot. It has been listed on Rocket Homes since October 19, 2023 and is currently priced at $1,500,000.
Over 8 listings were sold over their listed price in March 2024 in Portsmouth, RI. In the same period over 19 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Portsmouth, RI increased by 14.9% between February 2024 and March 2024. Listings spent 66 days on the market in March 2024, and had a median list price of $650,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
Figure Skating
BJs Wholesale Club
Stein Mart
Kmart
Panera
Cracker Barrel
Bob Evans
Infiniti
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information