13 days on rocket

1 Tower Dr Unit 504, Portsmouth, RI, 02871

$489,000

Home List Price

$5,807*

Closing Credit

1 Bedroom
2 Full Baths
910 SqFt
$537/SqFt
Condo
Schools Nearby

Location

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1 Tower Dr Unit 504, Portsmouth$489,000

Buyer Closing Credits

$5,807*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Detached, Garage
Year Built2008
HeatingForced Air, Natural Gas, Zoned
CoolingCentral Air
WaterfrontWater Access, Waterfront
FireplaceGas
MLS #1359077
StatusActive

About 1 Tower Dr Unit 504

Live in Luxury and security! Carnegie Tower is a luxurious, elegant, private gated high rise property minutes from Newport. Unit 504 is a 910 square foot, sleek and stylish one bedroom, two bath condominium. The kitchen features custom cabinetry, a granite countertop, a Sub Zero refrigerator, Wolf cooktop/oven. Living room has a gas fireplace. The master bathroom has a natural stone floor, with Waterworks fixtures. The amenities include concierge service, and olympic size swimming pool, a children's wading pool, fire pit, grilling stations, fitness center with showers and lockers. The first floor of the building has a finely appointed community room with a catering kitchen and library. Enjoy the shelled walking path to the boat ramp, marina and beach. Imagine living in a safe, secure building surrounded by the beauty on the Narraganset Bay and the shoreline. There is the option to purchase a membership in the prestigious the Aquidneck Club with it's tradtional Scottish golf course, tennis courts, equestrain facilities, exquisite bar and dining room overlooking Narragansett Bay. For your utilities the Tower fee includes heat, hot water, cooking gas and air conditioning. Owner is responsible for their own indivual electricity, telephone, cable, internet to their residences. There is a tenant in place until June 20th 2024. Whether you want to be a full time resident or use it as a weekend getaway, you know your property will be safe and secure while you are away

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2008
  • Stories: 1
  • Living Area: 910 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Marble
  • Interior: Tub Shower
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Waterfront

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Detached, Garage

Lot Features

Lot Information:

  • Lot: Private, Secluded

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,000
  • Price Per SqFt: $537/SqFt

HOA Fees:

  • Amount: $966
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$635K

Med. Price/SqFt

$347

Avg. Days On Market

64

# of Sold Homes

18

1 Tower Dr Unit 504 vs Portsmouth

13 DAYS ON ROCKET

-51 Days

$489,000

-$146K Less

$537/SqFt

+$190 More

KEY TAKEAWAY

This property is $146K less than the Median Sold Price and $190/SqFt more than other homes in Portsmouth, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1359077

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: 6/3/2024, 4:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$3,474

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,533

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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.

Nearby Schools

school-card-donut-7833579
10
/10
  • Howard Hathaway School

  • 53 Tallman Ave

  • 1.31 miles

  • Public District Grades KG-3

school-card-donut-7833580
9
/10
  • Melville School

  • 1351 W Main Rd

  • 2.31 miles

  • Public District Grades PK-3

school-card-donut-7833581
6
/10
  • Fort Barton School

  • 99 Lawton Ave

  • 3.16 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,736. The majority of Portsmouth, RI residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1 Tower Dr Unit 504

What is the listing price of this property?

The listing price of 1 Tower Dr Unit 504 property is $489,000.

What type of property is this?

The property 1 Tower Dr Unit 504 is a condo located in Portsmouth, Rhode Island, 02871.

Is this property for sale now?

Active Listing: 1 Tower Dr Unit 504 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1 Tower Dr Unit 504 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 1 Tower Dr Unit 504 is 910 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1 Tower Dr Unit 504 is 2008.

Rocket Homes›Rhode Island›Newport County›Portsmouth›02871›1 Tower Dr Unit 504

This home is located at 1 Tower Dr Unit 504 in Portsmouth, RI and zip code 02871. This 910 square foot home was built in 2008. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $489,000.

Portsmouth, RI housing market in May 2024 saw over 5 listings sold above listed price, more than 7 sold at listed price and over 6 sold below. The inventory of homes for sale in Portsmouth, RI between April 2024 and May 2024 increased by 43.4%. In May 2024, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $635,000.

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

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