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Backup Offers

48 William St, Newport, RI, 02840

$1,275,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,142 SqFt
$595/SqFt
House
Schools Nearby

Location

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48 William St, Newport$1,275,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1997
HeatingBaseboard, Forced Air, Natural Gas, Hot Water
CoolingCentral Air
WaterfrontWaterfront
FireplaceGas
MLS #1354862
Lot Size0.05 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 48 William St

Best downtown location possible for those that love to be in the Heart of Newport. This home offers 3 levels of comfortable living with a total of 4 bedrooms and 3 1/2 baths just steps away from Bellevue Ave, the Tennis Hall of Fame, Thames Street and Newport Harbor. Built in 1997 in the Historic Hill neighborhood, this home has all the modern updated amenities including central air, stainless steel appliances and hardwoods throughout. Great condo alternative too! Access to everything Newport with parking for 3 cars plus a generous beautiful outdoor living space with a deck and patio too. Potential for income stream as the floor plan allows owners to use the 1st level as a private registered 1-bedroom AirBnB year-round if they choose.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic/Antique
  • Year Built: 1997
  • Stories: 3
  • Living Area: 2,142 SqFt

Listing Office:

  • Office Name: Teri Degnan RE & Consulting
  • Office Phone: (401) 619-8222

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Basement: No
  • Flooring Type: Ceramic Tile, Hardwood, Vinyl
  • Interior: Attic, Tub Shower
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Deck

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air, Natural Gas, Hot Water
  • Cooling: Central Air

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: $1,275,000
  • Price Per SqFt: $595/SqFt

Tax Information:

  • Annual Amount: $7,448
  • 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

48 William St vs Newport

40 DAYS ON ROCKET

-20 Days

$1,275,000

+$455K More

$595/SqFt

+$29 More

KEY TAKEAWAY

This property is $455K more than the Median Sold Price and $29/SqFt more than other homes in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1354862

Listing Office:

  • Office Name: Teri Degnan RE & Consulting
  • Office Phone: (401) 619-8222

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, 12:55:16 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

Dec 08, 1998Home Sold
$50,000
Feb 09, 1990Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,448$798,300
2020$6,636$645,500
2019$6,636$645,500
2018$6,449$645,500
2017$6,111$545,100

History based on county public records data.

Payment Calculator

$6,431

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,889

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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-1794829
2
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 1.74 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1794830
3
/10

  • Frank E. Thompson Middle School

  • 55 Broadway

  • 0.61 miles

  • Public District Grades 5-8

High School

school-card-donut-1794831
4
/10

  • Rogers High School

  • 15 Wickham Rd

  • 1.21 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 $71,642. The most common annual income of people living in Newport, RI is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 48 William St

What is the listing price of this property?

The listing price of 48 William St property is $1,275,000.

What type of property is this?

The property 48 William St is a house located in Newport, Rhode Island, 02840.

Is this property for sale now?

Accepting Backup Offers: 48 William St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 48 William St 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 $7,448 (source: MLS/based on county public records data).

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

The last sale was on December 8, 1998 for $50,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 48 William St has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 48 William St is 2,142 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48 William St is 1997.

Rocket Homes›Rhode Island›Newport County›Newport›02840›48 William St

This home is located at 48 William St in Newport, RI and zip code 02840. This 2,142 square foot home, which was built in 1997, sits on a 0.05 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $1,275,000.

While more than 2 listings in Newport, RI in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 13 were sold below. The number of homes for sale in Newport, RI increased by 20% between February 2024 and March 2024. In March 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $820,000.

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

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