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24 Hargraves Dr, Portsmouth, RI, 02871

4beds
2baths
1,868sqft
$669,923
$359price/sqft
$4,760/moest. monthly cost
$190,400/yrincome needed

About This Home

GREAT NEIGHORHOOD - LAWRENCE FARM - Great 4-Bed, 2-Bath, 2-Car Garage Colonial in great family neighborhood! Needs a little TLC, but great, great investment! This property offers incredible potential in an amazing location! Situated on a 30+ Sq Ft lot with a nice yard, rear enclosed patio, this home is ready for its next chapter!!! PLEASE DO NOT GO ON PROPERTY WITHOUT AGENT! Subject to Seller Obtaining Clear Marketable Title! Seller Financing Offered to QUALIFIED BUYER WITH SIZEABLE DOWN PAYMENT! The Seller has a contractual interest in this property but is not the legal owner. Note: Property being sold AS-IS, septic maybe be bad???? SOLD AS-IS!!!

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

10/10
Howard Hathaway SchoolGrades K-41.5 mi
8/10
Portsmouth Middle SchoolGrades 5-83.2 mi
9/10
Portsmouth High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Shingles

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Interior and Exterior,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Ceramic Tile,Hardwood,Laminate,Other
  • Number of fireplaces: 1
  • Fireplace features: Brick
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,868

Heating & Cooling

  • Heating features: Oil,Baseboard
  • Cooling features: Individual Unit

Interior Area

  • Total structure area: 1,868
  • Total interior livable area: 1,868 sqft

Property

Details

  • Parcel number: PORTM036B0022

Features

  • Patio & porch: Screened

Lot

  • Lot size: 0.71 Acres

Parking

  • Total spaces: 8
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,387$40,644
Home Insurance *$250$3,000
Property Taxes $734$8,808
Electricity $389$4,675
Total$4,760$57,120
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$163,200/yr
40% on housing$142,800/yr
45% on housing$126,933/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$359This listing

vs Other Active Listings

Avg $/sqft

ZIP 02871$461
Newport County$548

vs Homes Sold Last Month

Median $/sqft

ZIP 02871$395
Newport County$380

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-21Price change$669,923
2026-07-03Price change$679,923
2026-06-28Listed for sale$739,923
2012-03-09Listing removed$389,000
2011-09-15Listed for sale$389,000

For Sale by Agent

AgentMichael DiPaola
BrokeragePremier Homes Realty, LLC

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