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Spacious Portsmouth Retreat With Sakonnet River Views Hits the Market for $850,000

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Spacious Portsmouth Retreat With Sakonnet River Views Hits the Market for $850,000

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Enjoy all that Gurney’s Newport has to offer

Christian Winthrop·June 1, 2018

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By Connor Dowd Buying your first home is exciting

By Connor Dowd

Buying your first home is exciting—but it can also feel overwhelming. From mortgage options to the buying process, here’s what every first-time homebuyer should know. The more informed you are, the more confident you’ll feel.

1. Determine Your Budget Start by assessing your income, savings, and expenses to understand how much home you can afford. Ideally, your mortgage payment shouldn’t exceed 28% of your monthly income.

2. Get Pre-Approved A pre-approval shows sellers you’re serious and helps define your price range. Lenders will review your credit, income, and debt. Shop around for the best rates.

3. Know Your Loan Options
* * Conventional Loans: Require good credit, offer competitive rates.
* * FHA Loans: Great for lower credit scores, 3.5% down.
* * VA Loans: No down payment for eligible military members.
* * USDA Loans: For rural buyers with modest incomes.

4. Work with a Trusted Agent A good real estate agent will guide you through the search, negotiations, and paperwork—crucial in Rhode Island’s competitive market.

5. Factor in Extra Costs Budget for closing costs, property taxes, insurance, maintenance, and inspections. A home inspection can save you from unexpected repairs.

6. Research Neighborhoods Think about schools, commute, safety, and lifestyle. Newport offers charm and walkability; Warwick provides more space and value.

7. Be Ready to Move Quickly Homes go fast in Rhode Island, especially move-in-ready ones. Have financing lined up and be prepared to make a strong offer.

8. Don’t Skip the Inspection Uncover hidden issues and negotiate repairs or a better price if needed.

9. Stay Flexible You may need to adjust expectations. Knowing your must-haves vs. nice-to-haves helps keep your search focused.

10. Enjoy the Journey It’s a major milestone—celebrate it! Stay informed, take your time, and enjoy the ride.

Why Work with The Dowd Team? @thedowdteam at Keller Williams Realty is dedicated to helping first-time buyers navigate every step of the journey. With deep Rhode Island market expertise and a client-first approach, we’re here to make the process smooth and successful.

#thedowdteam #newportri #realestate #newportbuzz

In the quiet enclave of Immokolee Commons, a rare

In the quiet enclave of Immokolee Commons, a rare opportunity has come to market: a meticulously maintained, nearly-new condominium offering an elegant blend of modern living and seaside serenity.

With over 2,300 square feet of refined interior space, this two-bedroom, two-and-a-half-bath home delivers comfort and versatility across two sun-drenched levels. The open-concept main floor invites relaxed entertaining, where living, dining, and kitchen areas flow seamlessly beneath high ceilings and natural light. Step out onto a private deck, perfect for summer dining or morning coffee.

A den just off the main living area serves as a flexible space for a home office or reading nook. The adjacent powder room, complete with laundry, adds convenience without sacrificing style.

Upstairs, the primary suite is a study in tranquility, featuring a spacious walk-in closet, spa-like bath with double vanity and tiled shower, and a private balcony with seasonal peeks of the Sakonnet River. A generous second bedroom offers its own en-suite bath and walk-in closet—ideal for guests or family.

Additional highlights include a full basement for storage or future finishing, and a roomy two-car garage. Located within walking distance of local shops, banks, and dining, the home’s setting offers both coastal beauty and everyday convenience.
With just one owner and less than three years of occupancy, 49 Immokolee Drive feels fresh, stylish, and move-in ready.

49 Immokolee Drive | Portsmouth, RI
2 Beds, 2.5 Baths, 2,343 Sq. Ft.
offered by @residentialpropertiesltd for $850,000

(Link in bio)

#residentialpropertiesltd #portsmouthri #realestate #newportbuzz

Happy Friday, April 4th! Here’s What’s Happeni

Happy Friday, April 4th! Here’s What’s Happening In Newport Today.

@newport.mansions @waterbrothers @deborahwinthroplingerie @newportlobstershack @ticketsnewport @viestesimplyitalian @randyrobbins78 @tavernonbroadway @thequenchernewport @atticusallen @newportblues @angelus.hall

#newportbuzz #newportri #rhodeisland #scenesofnewengland #newengland

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