Landlord's Agent in 2025
Kara Malkovich
Lila Delman Compass
(401) 714-6600
1 in this area
42 Total Sales
11 Willow St Unit 4 Newport, RI 02840
4
Beds
3
Baths
2,600
Sq Ft
1862
Built
Highlights
- Marina
- Golf Course Community
- Private Lot
- Water Views
- Contemporary Architecture
- Cathedral Ceiling
About This Home
As of April 2025YEARLY RENTAL START AS EARLY AS MAY 2025 THRU JULY 2026: This fully renovated, luxe loft is the 'ultimate hideout' in the coveted 'Point' section of Newport. Its high style is matched with a sophisticated yet comfortable 4-bed 3-bath triplex floor plan of 2,600 sq./ft. - it boasts cathedral ceilings, gorgeous hardwood flooring, gas fireplace and expansive windows allowing in ample amounts of natural light. Every aspect is brand new and thoughtfully designed from the chef's kitchen to the guest "bunk" room. Equipped with Apple TV and Sonos for your convenience and even a turntable to spin a great collection of vinyl. Situated in a beautifully converted brick school house with astounding views, this residence is tucked just off the hustle & bustle of America's Cup Avenue and just a few blocks from the gorgeous harbor and lively Newport Shipyard. The Point is a vibrant neighborhood to fishermen and diplomats alike. Listen to its churches' bells and the sweet little train whistles, just a part of the bliss of your surroundings. It's a quick stroll into town or kick back at Storer Park or Goat Island's latest Newport Harbor Island Resort and catch the sunset over the Pell Bridge. A POPULAR NAVAL WAR COLLEGE RENTAL!
Last Agent to Rent the Property
Lila Delman Compass License #REB.0017255 Listed on: 07/29/2024
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $8,284
Year Built
- Built in 1862
Lot Details
- Security Fence
- Secluded Lot
Home Design
- Loft
- Contemporary Architecture
- Entry on the 2nd floor
- Brick Exterior Construction
Interior Spaces
- 2,600 Sq Ft Home
- 3-Story Property
- Furnished
- Cathedral Ceiling
- Gas Fireplace
- Wood Flooring
- Water Views
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 1 Parking Space
- No Garage
- Driveway
- Assigned Parking
Accessible Home Design
- Accessible Doors
Outdoor Features
- Walking Distance to Water
- Porch
Utilities
- Central Air
- Heating System Uses Gas
- Baseboard Heating
Listing and Financial Details
- Property Available on 5/1/25
- 12 Month Lease Term
- Assessor Parcel Number 11WILLOWST4NEWP
Community Details
Overview
- Property has a Home Owners Association
- 6 Units
- The Point Subdivision
Amenities
- Shops
- Restaurant
Recreation
- Marina
- Golf Course Community
- Tennis Courts
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2016
Closed on
Jul 1, 2016
Sold by
Kramar Lawrence J and Kraman Shelley M
Bought by
Florio Jeffrey A and Florio Philomena
Seller's Agent
Kara Malkovich
Lila Delman Compass
Buyer's Agent
Gary Winters
Coldwell Banker Res. Brokerage
Sold Price
$2,400
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,194,190
Avg. Annual Appreciation
10.19%
Original Mortgage
$409,000
Outstanding Balance
$326,505
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$870,085
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Florio Jeffrey A | $489,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Florio Jeffrey A | $409,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Rented | $6,800 | 0.0% | -- |
| 03/11/2025 03/11/25 | Under Contract | -- | -- | -- |
| 02/17/2025 02/17/25 | Price Changed | $6,800 | +36.0% | $3 / Sq Ft |
| 11/19/2024 11/19/24 | Rented | $5,000 | -28.6% | -- |
| 10/17/2024 10/17/24 | Under Contract | -- | -- | -- |
| 07/29/2024 07/29/24 | For Rent | $7,000 | +40.0% | -- |
| 07/29/2024 07/29/24 | For Rent | $5,000 | +42.9% | -- |
| 07/07/2020 07/07/20 | Rented | $3,500 | -4.1% | -- |
| 06/07/2020 06/07/20 | Under Contract | -- | -- | -- |
| 02/22/2019 02/22/19 | For Rent | $3,650 | +7.4% | -- |
| 10/18/2017 10/18/17 | Rented | $3,400 | 0.0% | -- |
| 09/18/2017 09/18/17 | Under Contract | -- | -- | -- |
| 08/30/2017 08/30/17 | For Rent | $3,400 | +41.7% | -- |
| 08/11/2016 08/11/16 | For Rent | $2,400 | 0.0% | -- |
| 08/11/2016 08/11/16 | Rented | $2,400 | 0.0% | -- |
| 07/01/2016 07/01/16 | Sold | $489,000 | -2.0% | $193 / Sq Ft |
| 06/01/2016 06/01/16 | Pending | -- | -- | -- |
| 03/01/2016 03/01/16 | For Sale | $499,000 | -- | $197 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $8,284 | $953,400 | $0 | $953,400 |
| 2024 | $7,837 | $953,400 | $0 | $953,400 |
| 2023 | $5,234 | $527,600 | $0 | $527,600 |
| 2022 | $5,070 | $527,600 | $0 | $527,600 |
| 2021 | $4,923 | $527,600 | $0 | $527,600 |
| 2020 | $4,782 | $465,200 | $0 | $465,200 |
| 2019 | $4,782 | $465,200 | $0 | $465,200 |
| 2018 | $4,647 | $465,200 | $0 | $465,200 |
| 2017 | $6,401 | $571,000 | $0 | $571,000 |
| 2016 | $6,241 | $571,000 | $0 | $571,000 |
| 2015 | $6,093 | $571,000 | $0 | $571,000 |
| 2014 | $6,317 | $523,800 | $0 | $523,800 |
Source: Public Records
Agents Affiliated with this Home
-
Kara Malkovich
-
Rebecca King
Seller Co-Listing Agent in 2020
Rebecca King
Gustave White Sotheby's Realty
(401) 808-9334
13 in this area
64 Total Sales
-
Madeline Andrews
Buyer's Agent in 2017
Madeline Andrews
RE/MAX Results
(401) 258-3225
3 in this area
13 Total Sales
-
Jeff Brooks
Seller's Agent in 2016
Jeff Brooks
Hogan Associates Christie's
(401) 680-6588
11 in this area
133 Total Sales
-
G
Buyer's Agent in 2016
Gary Winters
Coldwell Banker Res. Brokerage
Map
Source: State-Wide MLS
MLS Number: 1364975
APN: NEWP-000012-000102-000004
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