1 month on rocket

Sale Pending

396 Broadway, Newport, RI, 02840

$525,000

Home List Price

$6,234*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,109 SqFt
$473/SqFt
House
Schools Nearby

Location

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396 Broadway, Newport$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1940
HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
BasementYes
FireplaceMasonry
MLS #1355360
Lot Size0.11 Acres
StatusSale Pending
(Pending)

About 396 Broadway

Charming best describes this lovely, much loved Cape style home located in a super convenient location, close to everything Newport has to offer. Sited on a level lot, this two bedroom, one and a half bath home boasts up dated kitchen and baths, hardwood floors throughout, a fireplace with beautiful millwork and built in book cases, a sunroom and an open kitchen to the formal dining room. All of the major mechanicals have been updated, including a high efficiency furnace. Lots of closets, a full basement with a laundry area and a shed in the yard give you many storage options. There is off street parking for at least two cars, and potentially, an opportunity for more parking. Bring your exterior and landscaping ideas to make this gem truly shine.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1940
  • Stories: 2
  • Living Area: 1,109 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (401) 845-6900

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Window 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: $525,000
  • Price Per SqFt: $473/SqFt

Tax Information:

  • Annual Amount: $2,311
  • Tax Year: 2021
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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

396 Broadway vs Newport

32 DAYS ON ROCKET

-28 Days

$525,000

-$295K Less

$473/SqFt

-$93 Less

KEY TAKEAWAY

This property is $295K less than the Median Sold Price and $93/SqFt less than other homes in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1355360

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (401) 845-6900

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: 4/28/2024, 7:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 30, 2009Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,311$247,700
2020$2,525$245,600
2019$2,525$245,600
2018$2,454$245,600
2017$2,212$197,300

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-2025215
2
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 0.51 miles

  • Public District Grades PK-4

Middle School

school-card-donut-2025216
3
/10

  • Frank E. Thompson Middle School

  • 55 Broadway

  • 0.69 miles

  • Public District Grades 5-8

High School

school-card-donut-2025217
4
/10

  • Rogers High School

  • 15 Wickham Rd

  • 2.43 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 $74,653. The majority of Newport, RI residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 396 Broadway

What is the listing price of this property?

The listing price of 396 Broadway property is $525,000.

What type of property is this?

The property 396 Broadway is a house located in Newport, Rhode Island, 02840.

Is this property for sale now?

Sale Pending: 396 Broadway is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 396 Broadway are:
Claiborne Pell Elementary School: GreatSchools Rating 2/10
Frank E. Thompson Middle School: GreatSchools Rating 3/10
Rogers High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,311 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 30, 2009 for $250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 396 Broadway has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 396 Broadway is 1,109 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 396 Broadway is 1940.

Rocket Homes›Rhode Island›Newport County›Newport›02840›396 Broadway

This home is located at 396 Broadway in Newport, RI and zip code 02840. This 1,109 square foot home, which was built in 1940, sits on a 0.11 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $525,000.

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. Between February 2024 and March 2024, Newport, RI real estate market has seen increase in the number of listings by 20%. 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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