If this question is about 100 Taylor Rd Portsmouth 02871, the answer is NO, flood insurance is not required. Property is about 150 ft above sea level and 1/2 mile from Sakonnet Inlet of Narragansett Bay, not close to any surface water, and not in any flood zone (see area flood maps). All Aquidneck Island and much of Rhode island have a high water table and sedimentary bedrock, so we have a high-capacity sump pump permanently installed that drains any water rising from the normal table to the exterior, away from the house foundation.... more
George, I am not exactly sure what you are trying to get at. Many of the condominiums in Newport have pool and tennis facilities. I live at Moorland Farm and we have both. There are public docks in NP that are considered expensive both because of the short season and high demand. There is a long, many years, on a waiting list for harbor moorings.
NP has a number of public beaches and two well know private clubs but again very hard to get into.
If you give me a little more information I will try and respond more specifically.
Gordon King - Agent
William Raveis - Newport
401 924 1774
The Portsmouth RI market is varied as values. Is it for investment or owner occupied. What condition is the property in? Home much rent is it bringing? Are you looking for fair market value or is it a distressed sale? Many factor no simple answer get a local agent to help you. I serve that area... more
I recommend contacting Ken Boyer of Septicate Systems 401-623-1525.
Not only is he personable, Ken has great knowlege and has installed many septic systems
for me in the 20 plus years of my career.... more
I would hold on to the house as an investment if it is making money. If not I would consider a 1031 Tax Deferred exchange. This is where you sell the property to buy another "LIKE PROPERTY" within a period of time and there is no capital gains to pay. The money you lose in selling the current house you will more than make up for in buying a larger home ( more units) at a discounted price.You should talk to your tax professional more about this option. Also, it doesn't hurt to get a current Comparative Market Analysis to see what it is honestly worth in today's market.... more