1202 Capella South | Goat Island

Why We Love it

1202 CAPELLA SOUTH, GOAT ISLAND, NEWPORT, RI 02840

Experience waterfront living in this well maintained 1-bedroom condo on Goat Island in Newport, Rhode Island. This residence offers eastern views of historic Newport and the bustling marinas. Wake up to spectacular sunrises over Newport from your private retreat. This exclusive property is nestled within a secure gated community with 24-hour staffed security for your peace of mind. Residents enjoy access to premium amenities including an outdoor pool, well-maintained tennis courts, and two waterfront pavilions perfect for entertaining. Just minutes from downtown Newport's restaurants, shops, and cultural attractions, this Goat Island condo combines island living with the convenience of proximity to everything Newport has to offer.

 

SALE PRICE:
$559,900

FLOOR:
Unit located on the second floor

PROPERTY TYPE:
Residential Condominium

AVAILABLE SPACE:
736 SqFt

BEDROOMS:
1 bedroom

BATHROOMS:
1 full bathroom

ELECTRIC:
100 Amp

SEWER:
Connected, included in condo fee

WATER:
Included in condo fee

TAXES:
$3,359.16/ year per 2024 owner occupied tax rate

ASSESSMENT:
$481,600

INSURANCE:
Insurance encouraged by condo association

CONDO ASSOCIATION:
Goat Island South

CONDO FEE:
$530.54 Monthly

PARKING:
Unassigned Parking Area

HEAT/AIR:
Electric baseboard heat, electric wall unit | Ductless air conditioning wall units

ZONING:
WB

PETS:
No pets permitted

LEASING RESTRICTIONS:
No leases shorter then 30 days, no more then 2 leases per year. All unit owners must adhere to the guidelines of their association prior to renting a unit.

PLAT/LOT:
46 / 001

YEAR BUILT:
Built in 1979

INCLUDED IN CONDO FEE:
Monthly fees include: water, sewer, liability and property insurance and floor insurance. Fee also goes towards master expenses: security, maintenance, pool courts, landscaping, seawall, gazebos, trash. A portion of your Association fees are paid to the Goat Island South Condominium Association. These fees are used to help pay for maintenance of Goat Island South amenities, the security and maintenance staff, and the property management company.

OUTSTANDING ASSESSMNET:
There are three annual payments of $648.07 for the roof assessment that will be due on November 1st of each year. Total balance for 1202 is $1,944.21.

 
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