For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Newport 02871
44 Summit
$379,000
● House - Off Market

44 Summit

Portsmouth, RI 02871
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,618 Ft²
$581,595
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Breath taking views of Mount Hope Bay from the living room, dinning room & kitchen. Sakonnet River views from all 3 bedrooms & Great Room. Spacious deck with room for entertaining & enjoying the water views from Sunrise to Sunset. Whole house freshly painted, new tile floors Kitchen & bathrooms. New laminate floor in all of lower level Great room, 3rd bath room & laundry area. One year old septic.
Unit Size
1,618 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$234
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1940

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #72291550)

Price History

Date / Event Date Event Price
Apr 12, 2018 Sold
Premium
Sold
Mar 8, 2018 Listed by Century 21 Topsail Realty - Tiverton $379,000
Listed by Century 21 Topsail Realty - Tiverton
Oct 21, 2016 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 384
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,464
  • Total Building Area: 1,234
  • Gross Building Area: 2,170
  • Building Area: 1,234
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,234
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000125
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Portsmouth School District
  • School Tax School District: PORTSMOUTH SD
  • Census Tract: 040101

Zoning

  • Zoning: R10

Geography

  • Parcel: PORT M:002 B:0135
  • Block: 135
  • Municipality: PORTSMOUTH
  • Latitude: 41.6463
  • Longitude: -71.2212

    Address

  • Full Address: 44 Summit Rd
  • Address - House Number: 44
  • Address - Street Name: Summit
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Portsmouth
  • Carrier Code: R005
  • 4-Digit Zip Code: 5916
  • Zip Code: 02871

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $561,700

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 69
  • Final Value: 555,339
  • High Value: 679,959
  • Low Value: 430,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $439,500
  • Assessed Land Value: $296,600
  • Assessed Improvements Value: $142,900

    Sales

  • Current Sale Recording Date: Apr 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1015
  • Previous Sale Recording Date: Oct 21, 2016
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Newport

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$375

Below Asking

0.03%

Average Days on Market

72

Average Home Size

2508 ft²

Average Home Age

55.1 years

Currently For Sale

22 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72291550

Frequently Asked Questions

When was property at 44 Summit Road built and last sold?
The property at 44 Summit Road was built in 1940 and last sold on Jan 1, 1970 for $379,000.
How much is this home worth?
The estimated value of the home located at 44 Summit Road is $394,620.
What are some comparable homes to 44 Summit Road?
There are currently no comparable homes to 44 Summit Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Portsmouth Homes for Sale
Portsmouth Houses for Sale
Portsmouth Condos for Sale
Portsmouth Multifamily for Sale
Portsmouth Land for Sale
Portsmouth Commercial for Sale
Portsmouth Homes with Basements
Portsmouth Homes with Pools
Nearby Cities
Fall River Homes for Sale
Providence Homes for Sale
Warwick Homes for Sale
Cranston Homes for Sale
Pawtucket Homes for Sale
Somerset Homes for Sale
East Providence Homes for Sale
Newport Homes for Sale
Nearby Property Records
Newport County, RI Property Records
Bristol County, RI Property Records
Bristol County, MA Property Records
Providence County, RI Property Records
Washington County, RI Property Records
Kent County, RI Property Records
Dukes County, MA Property Records
Plymouth County, MA Property Records
Neighborhoods
Elmhurst Real Estate
Mount Pleasant Real Estate
Wanskuck Real Estate
Smith Hill Real Estate
Charles Real Estate
Silver Lake Real Estate
Federal Hill Real Estate
West End Providence Real Estate
Nearby Counties
Fall River Homes for Sale
Providence Homes for Sale
Warwick Homes for Sale
Cranston Homes for Sale
Pawtucket Homes for Sale
Somerset Homes for Sale
Swansea Homes for Sale
Westport Homes for Sale
Top Real Estate Agents
Top Agents in Portsmouth
Top Agents in Fall River
Top Agents in Fall River
Top Agents in Providence
Top Agents in Providence
Top Agents in Warwick
Top Agents in Warwick
Top Agents in 02720