Sold
Last Sold Price
4 beds2,778 sqft$171/sqft
40 Point Rd, Portsmouth, RI 02871
Single FamilyProperty Type
0.34 acresLot Size
1963Year Built
$171/sq ftPrice per sq ft
7 carsParking Spaces

Description

Location, Location, Location! Take a look at this amazing water front opportunity on Point Road in Portsmouth. This home features over 2500 square feet of living space all sited on a 14,000 square foot lot perched perfectly on a protected cove surrounded by land making it a prime location to build a deep water dock & keep your boat. This convenient location makes for easy access to East Bay-Newport and the Sakonnet River by boat with access points to all the surrounding Islands such as Block Island,...Location, Location, Location! Take a look at this amazing water front opportunity on Point Road in Portsmouth. This home features over 2500 square feet of living space all sited on a 14,000 square foot lot perched perfectly on a protected cove surrounded by land making it a prime location to build a deep water dock & keep your boat. This convenient location makes for easy access to East Bay-Newport and the Sakonnet River by boat with access points to all the surrounding Islands such as Block Island, Martha’s Vineyard & Nantucket The house itself is situated in a great location with easy access to the highway, route 24 to the north and Newport and points south only minutes away. The property has a brand new septic system, newer roof and windows. There is also an in-law apartment on the lower level. House is in great condition and has tons of potential. Enjoy water front living at its best. Walking distance to great restaurants & Pirates Cove Marina across the street.
  • Listed by: Bridgette Soby 401.662.7969 bridgette.soby@mottandchace.com Brokerage DRE #REB.0019231 • Mott & Chace Sotheby's Intl.
Listing closed: 12/15/2017 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1152942

Recent comparable sales

Median sold price

$616,000

Avg days on market

66

Sale-to-list ratio

97.2%

Portsmouth, RI

9 comparable properties found

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1

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Square Feet
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Location

Listing Courtesy of Mott & Chace Sotheby's Intl.

Sold By Gustave White Sotheby's Realty

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Payment Calculator

$3,073 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,414

Property Taxes

$658

HOA Dues

$0

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Property Information for 40 Point Road

Property Details
  • Taxes: $7,900 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Raised Ranch
  • Waterfront Features: Beach Front, Dock Access, Water Access
Building Information
  • Stories: 2
  • Year Built: 1963
  • Lot Size: 0.34 AC / 14,770 SF
Summary
Location and General Information
  • City: Portsmouth
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Courts
  • Postal City: Portsmouth
  • Postal Code: 02871
  • State Or Province: RI
  • Zoning: R10
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: Yes
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage Y N: Yes
  • Parking Features: Attached, Garage, Garage Door Opener
  • Parking Total: 7
Taxes and HOA Information
  • Tax Annual Amount: $7,900.00
  • Tax Assessed Value: 541300
  • Tax Lot: 88
  • Tax Year: 2015
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 1556.0
  • Below Grade Finished Area: 1222.0
  • Building Area Total: 2778.0
  • Living Area: 2,778.00
  • Living Area Source: Public Records
  • Lot Size Acres: 0.3391
  • Lot Size Area: 14770.0
  • Lot Size Square Feet: 14770.0
  • Lot Size Units: Square Feet
  • Parcel Number: 40Point RDPORT
  • Stories: 2
  • Stories Total: 2
  • Property Sub Type Additional: Single Family Residence
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community Y N: No
  • Year Built: 1963
  • C L I P: 5,351,199,326
Utilities
  • Electric: Amps100, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Cooling: One Unit
  • Cooling Y N: Yes
  • Door Features: Storm Doors
  • Fireplace Features: Masonry
  • Fireplaces Total: 2
  • Fireplace Y N: Yes
  • Flooring: Carpet, Hardwood, Laminate
  • Heating: Baseboard, Hot Water, Oil
  • Heating Y N: Yes
  • Interior Features: Attic, Tub Shower, Cable Tv
  • Levels: Two
  • Rooms Total: 8
  • Window Features: Storm Windows
Room 1
  • Room Type 1: Sunroom
  • Room Level 1: Second
Room 2
  • Room Type 2: Laundry
  • Room Level 2: First
Room 3
  • Room Type 3: Additl Living Suite
  • Room Level 3: First
Room 4
  • Room Type 4: Family Room
  • Room Level 4: First
Room 5
  • Room Type 5: Kitchen
  • Room Level 5: Second
Room 6
  • Room Type 6: Kitchen
  • Room Features 6: Eat In Kitchen
  • Room Level 6: First
Room 7
  • Room Type 7: Dining Room
  • Room Level 7: Second
Room 8
  • Room Type 8: Bathroom
  • Room Level 8: Second
Room 9
  • Room Type 9: Bathroom
  • Room Level 9: First
Room 10
  • Room Type 10: Bedroom 4
  • Room Level 10: First
Room 11
  • Room Type 11: Bedroom 3
  • Room Level 11: Second
Room 12
  • Room Type 12: Bedroom 2
  • Room Level 12: Second
Room 13
  • Room Type 13: Bedroom 1
  • Room Level 13: Second
Room 30
  • Room List: Sunroom, Laundry, Additl Living Suite, Family Room, Kitchen, Dining Room, Bathroom, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 40 Point Road

DateEvent & SourcePriceAppreciation
Dec 15, 2017

Sold

Rhode Island Association of REALTORS® #1152942

$475,000
Dec 13, 2017

Sold (Public Record)

Public Record #613079671

$475,000
Oct 15, 2017

Contract Signed

Rhode Island Association of REALTORS® #1152942

DateEvent & SourcePrice
12/15/2017

Sold

Rhode Island Association of REALTORS® #1152942

$475,000
12/13/2017

Sold (Public Record)

Public Record #613079671

$475,000
10/15/2017

Contract Signed

Rhode Island Association of REALTORS® #1152942

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 40 Point Road

Taxable ValueLand$613,100Additions$335,400Total$948,500
Tax Record2025$12,596 ($1,050 / month)
Home Facts
Beds4Baths2Total Finished SqFt2,466 SqFtAbove Grade Finished SqFt1,348 SqFtFinished Basement SqFt1,118 SqFtStories1Lot Size14,770 SqFtStyleSingle Family ResidenceYear Built1963Year Renovated1963ZoningR10CountyNEWPORTAPNPORT M:021 B:0088

Schools near 40 Point Road

This home is within Portsmouth School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Howard Hathaway School
PublicK to 4

Portsmouth Middle School
Public5 to 8

Portsmouth High School
Public9 to 12

Melville School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 40 Point Road, Portsmouth, RI 02871
$475,000
4
2,778
14,770
$700,000
3
2,230
14,375
$682,500
3
3,868
28,276
$575,000
3
1,872
16,000
$949,250
3
1,771
13,939
$400,000
3
2,594
15,681

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Mott & Chace Sotheby's Intl.

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.