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Backup Offers

49 Garfield St, Newport, RI, 02840

$535,000

Home List Price

$6,353*

Closing Credit

4 Bedrooms
2 Full Baths
1,542 SqFt
$347/SqFt
House
Schools Nearby

Location

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49 Garfield St, Newport$535,000

Buyer Closing Credits

$6,353*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1900
HeatingBaseboard, Oil
CoolingNone
BasementYes
FireplaceNone
MLS #1351598
Lot Size0.09 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 49 Garfield St

This single-family residence provides ample space for a growing family, a vacation retreat, or a lucrative rental opportunity. As you step through the front door, you're greeted by a warm entry foyer, which leads into a spacious living room, bathed in natural light from an elegant window bay. Adjacent to the living area is a versatile room that can easily serve as a formal dining space or a cozy sitting room perfect for entertaining or quiet evenings at home. The heart of this home is the kitchen, with enough room to accommodate a large table or center island, creating an inviting hub for meal preparation and gatherings. A convenient pantry area and a full bath are also located on the first floor, enhancing the functionality of this space. A back staircase offers private access to the outdoors and the basement. On the second floor, there are 4 bedrooms and a bathroom featuring a tub and shower combination. The property also features a first-floor room with a closet that can serve as an additional bedroom or a home office, depending on your needs. Outside, the deep private yard offers a peaceful retreat or space for outdoor activities. While currently without, the front of the property provides potential to add your own parking spot. Situated on a serene side street, you're just moments away from local shopping, military base access, the bridge, and the vibrant Broadway restaurant scene, as well as the bustling downtown area.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin/Cottage
  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,542 SqFt

Listing Office:

  • Office Name: RE/MAX Profnl. Newport, Inc.
  • Office Phone: (401) 849-0100

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Attic
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Oil
  • Cooling: None

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: $535,000
  • Price Per SqFt: $347/SqFt

Tax Information:

  • Annual Amount: $3,132
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$820K

Med. Price/SqFt

$566

Avg. Days On Market

60

# of Sold Homes

18

49 Garfield St vs Newport

85 DAYS ON ROCKET

+25 Days

$535,000

-$285K Less

$347/SqFt

-$219 Less

KEY TAKEAWAY

This property is $285K less than the Median Sold Price and $219/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: #1351598

Listing Office:

  • Office Name: RE/MAX Profnl. Newport, Inc.
  • Office Phone: (401) 849-0100

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: 4/27/2024, 11:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,132$335,700
2020$2,838$276,100
2019$2,838$276,100
2018$2,758$276,100
2017$2,694$240,300

History based on county public records data.

Payment Calculator

$2,738

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,670

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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-1176280
2
/10
  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 0.58 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1176281
3
/10
  • Frank E. Thompson Middle School

  • 55 Broadway

  • 0.71 miles

  • Public District Grades 5-8

High School

school-card-donut-1176282
4
/10
  • Rogers High School

  • 15 Wickham Rd

  • 2.43 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,095. The most common annual income of people living in Newport, RI is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 49 Garfield St

What is the listing price of this property?

The listing price of 49 Garfield St property is $535,000.

What type of property is this?

The property 49 Garfield St is a house located in Newport, Rhode Island, 02840.

Is this property for sale now?

Accepting Backup Offers: 49 Garfield 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 49 Garfield 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 $3,132 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 49 Garfield St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 49 Garfield St is 1,542 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 49 Garfield St is 1900.

Rocket Homes›Rhode Island›Newport County›Newport›02840›49 Garfield St

This home is located at 49 Garfield St in Newport, RI and zip code 02840. This 1,542 square foot home, which was built in 1900, sits on a 0.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $535,000.

In March 2024 more than 2 listings in Newport, RI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 13 were sold below. Between February 2024 and March 2024, Newport, RI real estate market has seen increase in the number of listings by 20%. While the average time on the market in March 2024 was 60 days, the median list price was $820,000.

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

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