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Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close’s operations. The Company believes that closing supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

" has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing is in Altisource’s best interests given the time horizon and level of additional investments needed in order for to operate independently. I am proud of the very talented and dedicated team and want to thank them for their contributions."
197 days on
8 Florence Rd
Charlestown, RI 02813
3 Beds
3 Baths
1,980 ft2
$1,395,000 Estimate:
Estimated Payment:$5,238/mo

Custom designed and loaded with upgrades

Across the street from Charlestown beach. Walkway to beach is 300' from front door, walk behind house 500' and you have access to Ninigret pond. Flood insurance is only $350 a year. House has the 'wow' factor. Ocean access/pond access, views of Block Island from 1st floor/ second fl. Ocean/pond views from most windows. Beautifully thought out floor plan, designer kitchen, a full service pantry, laundry rm, A/C, central vac, new state of the art boiler in 2018, closed cell insulation in walls,ceilings and floors, keeps house cool in summer,warm in the winter. High Impact windows and doors. Gas fireplace and a generator. Lots of storage in attic with pull down staircase. Hardwoods throughout house, a full house filtration system with UV and an additional kitchen sink filtration system. Surround sound in all rooms. A large screened in porch which acts as an extension to living room. Master suite w/ walk in closet, private bath, 5ft steam shower, jacuzzi and a deck. Second master has full bath and deck.Third bedroom fits a full size bed with twin bed above it. Fourth sleeping area with a full size Murphy bed, this is on the first floor. Mood lighting on first floor and in master suite. We are on cement pilings, with screw piles below them. Under house is a heated storage room.It has 2 bed septic system. No money spared in design or construction. Outstanding rental history, house is rented for summer. Year round living... Call anytime!

Property type
Single Family Home
Year built
Lot Size
10500 sqft
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My NotesiThis is a place for you to write your thoughts and notes about this home. Only you will be able to see the notes.

My Home Features


Bedrooms: 3
Virtual Tour: virtual tour | Basement: Walk Out, Unfinished, Storage Area, Full


# of Full Bathrooms: 3
# of Half Bathrooms: 0


Features: Ceiling - Fan(s), Vacuum - Built In, Intercom, Staircase(s)


Features: Sauna / Steam, Deck, Porch, Porch - Screened, Underground Utilities


Property Types: Single Family Home | Year Built: 2011 | Siding: Vinyl | Foundation: Concrete, Piers, Slab | Floors: Tile - Ceramic, Hardwood | Windows: Insulated Glass Windows

Garage & Parking

Parking: 1 | Garage: #NONE


Lot size: 0.2410 acres | Lot size: 10500 sqft | Lot Features: Corner Lot, Extra Lot, Wooded | Zoning: Res


County: Washington | Neighborhood: Charlestown Beach | MLS #: 1217534


Appliances: Barbecue, Dishwasher, Dryer, Exhaust, Range Hood, Microwave, Oven, Refrigerator, Trash Compactor, Washing Machine, Whirlpool Spa

Heating & Cooling

Air Conditioning: Central Air, Heat Pump | Heating: Baseboard, Forced Water, Heat Pump, Zoned | Fireplaces: 1, Gas, Zero Clearance

Utilities & Security

Utilities: Cable | Sewer Service: Septic System | Water Source: Private | Safety and Security: Alarm Owned Estimated Value

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Source: County(Public) Records

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Local Insights

Listing provided by: Linda Bessette 

Listing courtesy of: Bessette Realty |  (401) 954-8321 

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Data provided by: State-Wide Multiple Listing Service, Inc.
Last detected update: July 11, 2019 11:57AM EST ~ Verified on November 04, 2019 11:54PM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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