NOT LISTED FOR SALE

8 Friendship St Unit B Newport, RI 02840

Estimated Value: $885,000 - $990,000

3 Beds
2 Baths
1,521 Sq Ft
$609/Sq Ft Est. Value

Highlights

  • Furnished
  • No HOA
  • Hot Water Heating System

About This Home

As of June 2024

Enjoy off-season in Newport in this beautiful two family home right off Broadway. This bright and airy two story, newly renovated and fully furnished apartment is a must see. On the first floor you are welcomed by a large living room and dinning room that open up to the kitchen with a comfortable bar top seating area. From the kitchen you have access to your own private outdoor deck! The primary bedroom with queen bed and full bathroom are also on the first level. On the second floor you will find two additional bedrooms, one with a queen bed and one with a full bed, a full bathroom and in unit laundry. This apartment has it all...location, size, beautiful furnishings, and is even pet friendly! Pets will be accepted at the owners discretion. Lease terms are flexible, available September 1, 2024-June 2025 for $3000/m. Also available for July and/or August for $8500/m; August 1 2024-June 2025 for $3200/m.

Last Agent to Rent the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 12/22/2023

RE/MAX Results

Last Renter's Agent

Joe Fitzpatrick

RE/MAX Results Listed on: 12/22/2023

RE/MAX Results

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,687

Year Built

  • 1890

Lot Details

  • 3,049

Interior Spaces

  • 1,521 Sq Ft Home
  • Furnished
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System

Listing and Financial Details

  • Property Available on 8/1/24
  • Month-to-Month Lease Term
  • Assessor Parcel Number 8FRIENDSHIPSTBNEWP

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,687

Year Built

1890

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2024-08-01
  • Security Deposit: 3150.0

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 1521.0
  • Structure Type: Apartment
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 0
  • Year Built (Public Record): 1890

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1521.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Trash Collection
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 8FRIENDSHIPSTBNEWP
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2024
Sold by
Graham Matthew T and Smolenyak Karinne M
Bought by
Graham Matthew T and Smolenyak Karinne M
Current Estimated Value
$926,042

Purchase Details

Closed on
Apr 28, 2023
Sold by
Spano Jonathan
Bought by
Graham Matthew T and Smolenyak Karinne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,528
Interest Rate
5.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Graham Matthew T -- None Available
Graham Matthew T $799,000 None Available
Graham Matthew T $799,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graham Matthew T $784,528
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2024 06/11/24 Rented $3,200 +6.7% --
06/03/2024 06/03/24 Under Contract -- -- --
04/06/2024 04/06/24 Price Changed $3,000 -4.8% $2 / Sq Ft
12/22/2023 12/22/23 For Rent $3,150 -- --
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,687 $652,800 $173,200 $479,600
2024 $5,366 $652,800 $173,200 $479,600
2023 $4,127 $416,000 $112,300 $303,700
2022 $3,998 $416,000 $112,300 $303,700
2021 $3,881 $416,000 $112,300 $303,700
2020 $3,185 $309,800 $96,900 $212,900
2019 $3,185 $309,800 $96,900 $212,900
2018 $3,095 $309,800 $96,900 $212,900
2017 $2,930 $261,400 $74,500 $186,900
2016 $2,857 $261,400 $74,500 $186,900
2015 $2,789 $261,400 $74,500 $186,900
2014 $2,833 $234,900 $66,700 $168,200
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Landlord's Agent in 2024

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    60 in this area

    688 Total Sales

    Joe Fitzpatrick
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Map

Source: State-Wide MLS

MLS Number: 1349998

State-Wide MLS

APN: NEWP-000011-000000-000178

Rhode Island Newport County Newport 02840

8 Friendship St Unit B, Newport, RI

Not Listed for Sale

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