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Backup Offers

274 W Main Rd W, Portsmouth, RI, 02871

$350,000

Home List Price

$4,156*

Closing Credit

2 Bedrooms
2 Full Baths
1,372 SqFt
$255/SqFt
House
Schools Nearby

Location

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274 W Main Rd W, Portsmouth$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1960
HeatingElectric, Forced Air, Oil
CoolingNone
BasementYes
FireplaceInsert, Wood Burning
MLS #1349606
Lot Size0.50 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 274 W Main Rd W

Explore the potential of this unique opportunity. Half-acre property boasting two charming cottages. Priced at $350k and sold "as is," it presents a canvas for creative transformation. While the cottages require some TLC, including septic work, the prospect of crafting your dream space amidst the coastal charm of Portsmouth makes this a distinctive investment in the heart of Rhode Island's scenic beauty.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin/Cottage, Ranch
  • Year Built: 1960
  • Stories: 1
  • Living Area: 1,372 SqFt

Listing Office:

  • Office Name: Residential Properties Ltd.
  • Office Phone: (401) 619-5622

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Cathedral Ceiling(s), Tub Shower
  • Fireplace: Insert, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Oil
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $255/SqFt
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Housing Market Comparison

See how this home compares to others in Portsmouth, RI.

Med. Sold Price

$650K

Med. Price/SqFt

$345

Avg. Days On Market

66

# of Sold Homes

29

274 W Main Rd W vs Portsmouth

138 DAYS ON ROCKET

+72 Days

$350,000

-$300K Less

$255/SqFt

-$90 Less

KEY TAKEAWAY

This property is $300K less than the Median Sold Price and $90/SqFt less than other homes in Portsmouth, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1349606

Listing Office:

  • Office Name: Residential Properties Ltd.
  • Office Phone: (401) 619-5622

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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.

Nearby Schools

school-card-donut-2764518
7
/10
  • Howard Hathaway School

  • 53 Tallman Ave

  • 0.95 miles

  • Public District Grades KG-3

school-card-donut-2764519
8
/10
  • Melville School

  • 1351 W Main Rd

  • 1.87 miles

  • Public District Grades PK-3

school-card-donut-2764520
8
/10
  • Fort Barton School

  • 99 Lawton Ave

  • 2.81 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,736. Most Portsmouth, RI residents have annual incomes between $35k-100k. Residents typically live in single, 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 274 W Main Rd W

What is the listing price of this property?

The listing price of 274 W Main Rd W property is $350,000.

What type of property is this?

The property 274 W Main Rd W is a house located in Portsmouth, Rhode Island, 02871.

Is this property for sale now?

Accepting Backup Offers: 274 W Main Rd W is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 274 W Main Rd W has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 274 W Main Rd W is 1,372 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 274 W Main Rd W is 1960.

Rocket HomesRhode IslandNewport CountyPortsmouth02871274 W Main Rd W

This home is located at 274 W Main Rd W in Portsmouth, RI and zip code 02871. This 1,372 square foot home, which was built in 1960, sits on a 0.50 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 13, 2023 and is currently priced at $350,000.

While more than 8 listings in Portsmouth, RI in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 19 were sold below. The number of homes for sale in Portsmouth, RI increased by 14.9% between February 2024 and March 2024. While the average time on the market in March 2024 was 66 days, the median list price was $650,000.

From Rocket Homes Real Estate and based on county public records data.

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