$485,000 - $919,000
RENTED JUN 1, 2025

11 Hammond St Unit 3 Newport, RI 02840

Fifth Ward Neighborhood
3 Beds
1 Bath
720 Sq Ft
$845 Price per Sq Ft

Last Sold September 01, 2023

Last sale price $410,000 $569 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,457/month

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • Furnished
  • 3-minute walk to Spencer Park

About This Home

As of June 2025

~ VACATION RENTAL JULY 2025 ~ Discover this charming treetop rental, affectionately known as "The Nest," located in an idyllic setting near Newport's vibrant downtown waterfront. Nestled on the corner of Thames Street and Hammond Street, this third-floor walk-up offers a chic modern kitchen with in-unit laundry, stylish minimalist furnishings, and the convenience of off-street parking. Available as a summer rental from June 1st through July 31st, this cozy condominium is a popular choice for vacationers. Don't miss the chance to enjoy comfort and convenience in this sought-after location! ~ 0.5 mi to the nearest waterfront park ~ 0.9 mi to the Cliff Walk ~ 1.5 mi to Hazard Beach ~ June $4,000 MLS#1382974 ~ July $7,000 MLS#1382975 ~

Last Agent to Rent the Property

Kevin Castner

RE/MAX Results License #RES.0035348 Listed on: 04/21/2025

RE/MAX Results

Co-Listed By

Madeline Andrews

RE/MAX Results License #RES.0042240

Last Renter's Agent

Susan Curran

Warner Realty Group License #RES.0048356

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,258

Year Built

  • 1900

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 720 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Skylights

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage
  • Driveway
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Gas

Listing and Financial Details

  • Property Available on 7/1/25
  • Tenant pays for hot water
  • Month-to-Month Lease Term
  • Assessor Parcel Number 11HAMMONDST3NEWP

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units
  • Yachting Village Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,258

Year Built

1900

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Hot Water
  • Available Date: 2025-07-01
  • Security Deposit: 2000.0

Listing Details

  • Prop. Type: Residential Lease
  • Co List Office Mls Id: RMAX45
  • Co List Office Phone: 401-848-7827
  • Subdivision Name: Yachting Village
  • Above Grade Finished Sq Ft: 720.0
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • Building Stories: 3
  • Structure Type: Apartment
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Private Entry,Third Floor or higher Access
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Skylights, Tub Shower, Furnished
  • Living Area: 720.0
  • Stories: 3
  • Window Features: Skylight(s)

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall
  • Exterior Features: Paved Driveway

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Playground, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Air Conditioning, Common Area Maintenance, Electricity, Hot Water, Internet, Laundry Facilities, Parking, Sewer, Trash Collection, Water
  • Amenities: Playground, Restaurant
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • Parcel #: 11HAMMONDST3NEWP

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Sep 1, 2023
Sold by
Fletcher Kelly
Bought by
Nora L Padykula Ret and Padykula
Seller's Agent
Ethan Coombs
Teri Degnan RE & Consulting
Buyer's Agent
Michelle Datoli
Mott & Chace Sotheby's Intl.
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Views
195
Current Estimated Value
$608,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,556
Avg. Annual Appreciation
20.16%
Original Mortgage
$220,000
Outstanding Balance
$215,174
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$393,382

Purchase Details

Listed on
May 31, 2022
Closed on
Jul 22, 2022
Sold by
Rist Leah R
Bought by
Fletcher Kelly
Seller's Agent
Jim Murray
HERE Realty
Buyer's Agent
Ethan Coombs
Teri Degnan RE & Consulting
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$280,000
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 31, 2021
Sold by
Commendatore Cheryl A
Bought by
Rist Leah R
Seller's Agent
Robert Silva
Engel & Volkers Oceanside
Buyer's Agent
Premier Group
eXp Realty LLC
List Price
$339,900
Sold Price
$335,000
Premium/Discount to List
-$4,900
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%
Original Mortgage
$142,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 30, 2015
Closed on
Sep 9, 2016
Sold by
Flaherty Gayle L
Bought by
Commendatore Cheryl A
Seller's Agent
Veronica Meletta
Capitol Realty Company
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$229,000
Sold Price
$185,000
Premium/Discount to List
-$44,000
-19.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%
Original Mortgage
$148,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2014
Sold by
Flaherty Gayle L and Newport Town Of
Bought by
Flaherty Gayle L

Purchase Details

Closed on
Jul 21, 2014
Sold by
Flaherty Gayle L
Bought by
Prentis Danielle and Lussier Robert
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nora L Padykula Ret $410,000 None Available
Fletcher Kelly $380,000 None Available
Rist Leah R $335,000 None Available
Commendatore Cheryl A $185,000 --
Flaherty Gayle L -- --
Prentis Danielle $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nora L Padykula Ret $220,000
Previous Owner Fletcher Kelly $280,000
Previous Owner Rist Leah R $142,000
Previous Owner Prentis Danielle $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2025 06/01/25 Rented $11,000 +57.1% --
04/21/2025 04/21/25 For Rent $7,000 +154.5% --
04/09/2025 04/09/25 Rented $2,750 0.0% --
03/23/2025 03/23/25 For Rent $2,750 0.0% --
03/10/2025 03/10/25 Under Contract -- -- --
12/09/2024 12/09/24 For Rent $2,750 0.0% --
09/01/2023 09/01/23 Sold $410,000 +2.8% $583 / Sq Ft View Prior Sale
08/28/2023 08/28/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $399,000 +5.0% $568 / Sq Ft
07/22/2022 07/22/22 Sold $380,000 +0.3% $507 / Sq Ft View Prior Sale
06/21/2022 06/21/22 Pending -- -- --
06/15/2022 06/15/22 Price Changed $379,000 -5.0% $505 / Sq Ft
05/31/2022 05/31/22 For Sale $399,000 +19.1% $532 / Sq Ft
09/01/2021 09/01/21 Sold $335,000 -1.4% $477 / Sq Ft View Prior Sale
08/02/2021 08/02/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $339,900 0.0% $483 / Sq Ft
09/22/2020 09/22/20 For Rent $1,450 0.0% --
09/22/2020 09/22/20 Rented $1,450 +7.4% --
12/30/2019 12/30/19 Rented $1,350 0.0% --
11/30/2019 11/30/19 Under Contract -- -- --
09/11/2019 09/11/19 For Rent $1,350 0.0% --
08/04/2019 08/04/19 Rented $1,350 -3.6% --
07/05/2019 07/05/19 Under Contract -- -- --
05/08/2019 05/08/19 For Rent $1,400 0.0% --
09/09/2016 09/09/16 Sold $185,000 -19.2% $252 / Sq Ft View Prior Sale
08/10/2016 08/10/16 Pending -- -- --
03/30/2015 03/30/15 For Sale $229,000 -- $312 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,258 $374,900 $0 $374,900
2024 $2,613 $374,900 $0 $374,900
2023 $2,535 $255,500 $0 $255,500
2022 $2,455 $255,500 $0 $255,500
2021 $2,384 $255,500 $0 $255,500
2020 $1,977 $192,300 $0 $192,300
2019 $1,977 $192,300 $0 $192,300
2018 $1,921 $192,300 $0 $192,300
2017 $2,156 $192,300 $0 $192,300
2016 $2,102 $192,300 $0 $192,300
2015 $2,052 $192,300 $0 $192,300
2014 $2,060 $170,800 $0 $170,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2025

    Kevin Castner

    RE/MAX Results

    (401) 787-5194

    2 in this area

    19 Total Sales

    Kevin Castner
    Section Image
  • Madeline Andrews

    Landlord's Co-Listing Agent in 2025

    Madeline Andrews

    RE/MAX Results

    (401) 258-3225

    2 in this area

    12 Total Sales

    Madeline Andrews
    Section Image

  • S

    Tenant's Agent in 2025

    Susan Curran

    Warner Realty Group

    (508) 353-4957

    3 Total Sales

    Susan Curran
    Section Image

  • M

    Buyer's Agent in 2025

    Meghan Galvin

    Serhant Rhode Island

    (401) 835-2530

    1 Total Sale

    Meghan Galvin
    Section Image
  • Ethan Coombs

    Seller's Agent in 2023

    Ethan Coombs

    Teri Degnan RE & Consulting

    (401) 263-5138

    3 in this area

    14 Total Sales

    Ethan Coombs
    Section Image
  • Michelle Datoli

    Buyer's Agent in 2023

    Michelle Datoli

    Mott & Chace Sotheby's Intl.

    (401) 952-2233

    1 in this area

    25 Total Sales

    Michelle Datoli
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1382975

State-Wide MLS

APN: NEWP-000035-000185-000003

Rhode Island Newport County Newport 02840 Fifth Ward

11 Hammond St Unit 3, Newport, RI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes