21 days on rocket

38 Dr Marcus F Wheatland Blvd, Newport, RI, 02840

$2,300,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths
Multi
Schools Nearby

Location

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38 Dr Marcus F Wheatland Blvd, Newport$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1986
HeatingElectric, Forced Air, Other
CoolingWall Unit(s)
BasementYes
WaterfrontWaterfront
FireplaceNone
MLS #1356291
Lot Size0.16 Acres
StatusActive

About 38 Dr Marcus F Wheatland Blvd

Rare opportunity of an updated multi mixed used unit property in Newport with 7,008 SF lot, parking for up to 11 cars, Brand new updated units, fully furnished, Two loft style units townhouse style on top level with two bedrooms & bath, lower level has three full bedrooms with their own private bathrooms & mini fridge, coffee maker and sink with a hotel style room with each room having a private entry. This property does offer five units in total! Right in the heart of Newport walking distance to all restaurants, water dock & tourism area. It's a Must See!

Property Details

Property Features

Property Information:

  • Year Built: 1986

Listing Office:

  • Office Name: Keller Williams Coastal
  • Office Phone: (401) 845-9200

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Laminate
  • Interior: Cathedral Ceiling(s), Skylights, Furnished, Cable TV
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Deck, Porch, Patio, Paved Driveway

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Other
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Rogers High School, Public District Grades 9-12
  • Frank E. Thompson Middle School, Public District Grades 5-8
  • Claiborne Pell Elementary School, Public District Grades PK-4

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
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Housing Market Comparison

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

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Newport, RI

City

Med. Sold Price

$820K

Med. Price/SqFt

$566

Avg. Days On Market

60

# of Sold Homes

18

38 Dr Marcus F Wheatland Blvd vs Newport

21 DAYS ON ROCKET

-39 Days

$2,300,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1356291

Listing Office:

  • Office Name: Keller Williams Coastal
  • Office Phone: (401) 845-9200

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: 4/30/2024, 12:55:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$11.5K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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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.

Elementary School

school-card-donut-3441705
2
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 1.13 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3441706
3
/10

  • Frank E. Thompson Middle School

  • 55 Broadway

  • 0.04 miles

  • Public District Grades 5-8

High School

school-card-donut-3441707
4
/10

  • Rogers High School

  • 15 Wickham Rd

  • 1.79 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,500. The most common annual income of people living in Newport, RI is less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Newport County›Newport›02840›38 Dr Marcus F Wheatland Blvd

This home is located at 38 Dr Marcus F Wheatland Blvd in Newport, RI and zip code 02840. This home, which was built in 1986, sits on a 0.16 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $2,300,000.

In March 2024, from all listings sold in Newport, RI there were more than 2 sold above asking price, over 13 sold below and more than 3 were sold right at the asked price. The number of listings in Newport, RI increased by 20% between February 2024 and March 2024. The median list price of listings available in March 2024 was $820,000, while the average time on the real estate market was 60 days.

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

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