45 Annandale Rd

Newport, RI 02840

$725,000
Last Sold Price
7
Beds
3,783 Sq. Ft.
$192 / Sq. Ft.
3,783
Sq. Ft.
$192
per Sq. Ft.
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Closed 3/20/18
Closed 3/20/18

Description

Location, location, location! John Ellis house, first time on the market in 40 years. Historic charm, within walking distance to all Newport offers. Established neighborhood. This legal 3-apartment home has much to offer and many options for use as your needs change. Return it back to a stately single-family or large family home with a guest wing. Condominiums are an easy conversion or remain as three income-producing rental units. The original house is about 200 years old and is what remains from...Location, location, location! John Ellis house, first time on the market in 40 years. Historic charm, within walking distance to all Newport offers. Established neighborhood. This legal 3-apartment home has much to offer and many options for use as your needs change. Return it back to a stately single-family or large family home with a guest wing. Condominiums are an easy conversion or remain as three income-producing rental units. The original house is about 200 years old and is what remains from a sprawling farm stretching from the historic Cliff Walk toward the famed Newport Harbor, and now sits on a highly desirable corner in the Annandale/Cliff Walk Road corridor. All the bones are done: entire new roof (December/2016), new wiring, plumbing, thermal windows, sewer line, basement beams, total conversion of heating oil to gas, separate meters for gas/electric. With some cosmetic updates, and a few minor changes in each unit will increase the number of bedrooms and boost the total rents and which can instantly increase your cap rate. The actual current annual lease rents total $4550/month.

Listing Agent

  1. Daniele Montefusco

    Daniele Montefusco

    Listing Agent

    WILLIAM RAVEIS CHAPMAN ENSTONE

    P: (401)-662-5165

    CallText

Property Details for 45 Annandale Road

Subdivision Name
Annandale
Waterfront Features
Beach Access, Walk To Water
LISTING CLOSED: 03/20/2018 12:00 AM

Property Details for 45 Annandale Road

StatusClosed
MLS #1178003
Days on Market89
Taxes$5,300 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1880
Lot Size0.25 AC / 10,890 SF
CountyNewport County
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Location

Listing Courtesy of WILLIAM RAVEIS CHAPMAN ENSTONE

Sold By Hogan Associates

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Building Information for 45 Annandale Road

Stories-Residences4Year Built1880Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

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$4,054 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,613

Property Taxes

$442

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 45 Annandale Road

Summary
Location and General Information
  • City: Newport
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Courts, Sidewalks
  • Postal City: Newport
  • Postal Code: 02840
  • State Or Province: RI
  • Zoning: R10
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 4
Taxes and HOA Information
  • Tax Annual Amount: $5,300.00
  • Tax Assessed Value: 505000
  • Tax Lot: 17
  • Tax Year: 2017
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 3783.0
  • Building Area Total: 3783.0
  • Living Area Source: Public Records
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.25
  • Lot Size Area: 10890.0
  • Lot Size Square Feet: 10890.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 45ANNANDALERDNEWP
  • Stories Total: 0
  • Structure Type: Apartment
Property and Assessments
  • Buyer Financing: Other
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1880
  • C L I P: 4,067,220,067
Utilities
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck, Porch, Paved Driveway
  • Foundation Details: Stone
Interior Features
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Water Heater, Washer
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 1
  • Fireplace Y N: Yes
  • Flooring: Hardwood, Vinyl
  • Heating: Baseboard, Gas, Zoned
  • Heating Y N: Yes
  • Interior Features: Bathtub, Stall Shower, Tub Shower, Cable Tv
  • Laundry Features: In Unit
  • Patio And Porch Features: Deck, Porch
  • Rooms Total: 16
Multi Family
Income & Expenses Information
  • Operating Expense: $11,500.00
Unit 1 Information
  • Actual Rent: $1,800.00
  • Unit Type Area: 0.0
  • Baths Total: 2
  • Beds Total: 4
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,100.00
  • Unit Type Area: 0.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,650.00
  • Unit Type Area: 0.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 45 Annandale Road

DateEvent & SourcePriceAppreciation
Mar 20, 2018

Sold

Rhode Island Association of REALTORS® #1178003

$725,000—
Mar 2, 2018

Sold (Public Record)

Public Record #619259540

$725,100

+7.5% / yr

Feb 13, 2018

Contract Signed

Rhode Island Association of REALTORS® #1178003

—
DateEvent & SourcePrice
03/20/2018

Sold

Rhode Island Association of REALTORS® #1178003

$725,000
03/02/2018

Sold (Public Record)

Public Record #619259540

$725,100

+7.5% / yr

02/13/2018

Contract Signed

Rhode Island Association of REALTORS® #1178003

—

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

Public Records for 45 Annandale Road

Taxable ValueLand$690,100Additions$604,300Total$1,294,400
Tax Record2025$9,294 ($774 / month)
Home Facts
Baths3Total Finished SqFt3,678 SqFtAbove Grade Finished SqFt3,678 SqFtStories3Lot Size6,525 SqFtStyleTriplexYear Built1880Year Renovated1987ZoningR10CountyNEWPORTAPNNEWP M:034 B:0017

Schools near 45 Annandale Road

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Frank E. Thompson Middle School
Public - 5 to 8
Rogers High School
Public - 9 to 12
Newport Area Career Tech Center
Public - 9 to 12
Pell Elementary School
Public - PK to 4
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Newport Area Career Tech Center
Public9 to 12

Pell Elementary 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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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 WILLIAM RAVEIS CHAPMAN ENSTONE

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.