Unique opportunity! Motivated Seller! Almost 2 acres of land zoned for agricultural use. Location of former Botanica Gardens on Union Street located between Routes 114 and 138. Perfect for landscaping business or any endeavor related to agriculture per the Portsmouth zoning by-laws. Buyer responsible for own due diligence. Located on the property is an 1864sf house c1798 with four bedrooms and 2.5 baths with no known historic restrictions.
Property Details
Property Features
Listing Office:
Office Name: Lila Delman Compass
Office Phone: (401) 848-2101
Lot Features
Lot Information:
Lot: Private, Secluded, Wooded, Level
Lot Size: 1.98 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $1,495,000
Tax Information:
Annual Amount: $4,665
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Portsmouth, RI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,529
Per Month
Principal & Interest
$7,462
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,549
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Melville School
1351 W Main Rd
Distance between this listing and this school1.70 miles
Public District Grades PK-3
4
/10
Claiborne Pell Elementary School
35 Dexter St
Distance between this listing and this school3.74 miles
Public District Grades PK-4
10
/10
Howard Hathaway School
53 Tallman Ave
Distance between this listing and this school4.37 miles
Public District Grades KG-3
Nearby Schools
8
/10
Portsmouth Middle School
125 Jepson Ln
Distance between this listing and this school0.38 miles
Public District Grades 4-8
8
/10
Joseph H. Gaudet School
1113 Aquidneck Ave
Distance between this listing and this school2.77 miles
Public District Grades 5-8
5
/10
Joseph Gaudet Academy
1113 Aquidneck Ave
Distance between this listing and this school2.77 miles
Public District Grades 4-4
Nearby Schools
4
/10
Middletown High School
130 Valley Rd
Distance between this listing and this school2.89 miles
Public District Grades 9-12
7
/10
Portsmouth High School
120 Education Ln
Distance between this listing and this school3.98 miles
Public District Grades 9-12
3
/10
Rogers High School
15 Wickham Rd
Distance between this listing and this school6.66 miles
The neighbors living near this home have an average income of $91,632. The most common annual income of people living in Portsmouth, RI is between $35k-100k. The most common type of family is married, with kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Portsmouth, RI
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What are the common housing types in Portsmouth, RI?
Portsmouth's housing market is characterized by a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, with colonial, ranch, and Cape Cod homes dotting the landscape. The market is balanced with a mix of older homes that reflect the town's historical roots and newer constructions that offer modern amenities. While the exact homeownership rate is not specified, the market suggests a healthy balance between owned and rented properties.
What are the advantages of living in Portsmouth, RI?
Portsmouth is known for its serene coastal charm and strong sense of community. The town prides itself on its rich history and natural beauty, with numerous parks and public spaces that encourage outdoor activities. Annual events and local traditions are a testament to the town's cultural vitality and community engagement.
Are essential services in Portsmouth, RI convenient?
The community is served by a range of educational institutions, including public and private schools that cater to various educational needs. Healthcare services are accessible, with facilities providing primary care and specialized treatments. The public library system supports lifelong learning and community activities. Retail and dining options reflect the local culture, offering a blend of traditional New England fare and contemporary cuisine.
How do Portsmouth, RI residents get around?
Transportation in Portsmouth includes a network of roads that connect residents to nearby cities and amenities. Public transit options are available, with schedules that accommodate the commuting patterns of residents. The town also supports alternative transportation methods, such as biking and walking, with certain areas designed to be particularly pedestrian-friendly. While specific ride-sharing statistics are not mentioned, such services are commonly used in the area.
Frequently Asked Questions About 711 Union St
What is the listing price of this property?
The listing price of 711 Union St property is $1,495,000.
What type of property is this?
The property 711 Union St is land located in Portsmouth, Rhode Island, 02871.
Is this property for sale now?
Active Listing: 711 Union St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,665 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 15, 1999 for $236,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 711 Union St in Portsmouth, RI and zip code 02871. This home sits on a 1.98 acre lot. It has been listed on Rocket Homes since January 18, 2024 and is currently priced at $1,495,000.
In August 2024 more than 8 listings in Portsmouth, RI were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 8 were sold below. The inventory of homes for sale in Portsmouth, RI between July 2024 and August 2024 decreased by 11.4%. In August 2024 median list price was $624,500 and the average listing age was 42 days.
From Rocket Homes Real Estate and based on county public records data.
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
College Football
BJs Wholesale Club
Stein Mart
Express/Express For Men
Panera
Cracker Barrel
Bob Evans
Infiniti
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information