$590,558
RENTED MAY 30, 2025
4 Beds
1 Bath
1,489 Sq Ft
$397 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Walking Distance to Water
  • Furnished
  • Tennis Courts
  • 2-minute walk to Aquidneck Park

About This Home

As of May 2025

Academic season rental -Sept. 1 2025 to May 31 2025. Perfect for students, professionals, or anyone looking to enjoy the best of a living in downtown Newport. Furnished 4 bedrooms and 1 bath apartment located on the second and third floors above a retail art gallery. Large living room and big eat-in Kitchen. Private entry. Washer and dryer in the unit. Gas utility is included. Convenient location for walking or biking almost anywhere in town.

Last Agent to Rent the Property

Holly Mclear

Hogan Associates Christie's Brokerage Phone: 401-855-0485 License #RES.0028965 Listed on: 02/09/2025

Last Renter's Agent

Holly Mclear

Hogan Associates Christie's Brokerage Phone: 401-855-0485 License #RES.0028965 Listed on: 02/09/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1772

Home Design

  • Clapboard
  • Plaster

Interior Spaces

  • 1,489 Sq Ft Home
  • 3-Story Property
  • Furnished

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • No Garage
  • Unassigned Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Steam

Additional Features

  • Walking Distance to Water
  • Fenced

Listing and Financial Details

  • Property Available on 9/1/25
  • Month-to-Month Lease Term
  • Assessor Parcel Number 267SPRINGST2NEWP

Community Details

Overview

  • No Home Owners Association
  • Spring And Memorial Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1772

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2025-09-01
  • Security Deposit: 3150.0

Listing Details

  • Prop. Type: Residential Lease
  • Inclusions: Exit cleaning fee of $275
  • Subdivision Name: Spring and Memorial
  • Above Grade Finished Sq Ft: 1489.0
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two, Three Or More
  • Building Stories: 3
  • Structure Type: Apartment
  • Year Built: 1772
  • Attribution Contact: 401-855-0485
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Tub Shower, Furnished
  • Living Area: 1489.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Hot Water, Other, Zoned
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Laundry Facilities, Trash Collection
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 267SPRINGST2NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Newport City Of
Bought by
Gosnold Investments Llc
Current Estimated Value
$590,558

Purchase Details

Listed on
Oct 6, 2022
Closed on
Mar 23, 2023
Sold by
Arguimbau Peter
Bought by
Spring St Reit Llc
Seller's Agent
Holly Mclear
Hogan Associates Christie's
Buyer's Agent
Jason Brown
William Raveis Inspire
Sold Price
$2,800
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2015
Sold by
Domingoes Joseph A
Bought by
Arguimbau Peter

Purchase Details

Closed on
Mar 20, 1996
Sold by
Harrison Ray R
Bought by
Domingoes Joseph A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Gosnold Investments Llc $12,946 None Available
Gosnold Investments Llc $12,946 None Available
Spring St Reit Llc $475,000 None Available
Spring St Reit Llc $475,000 None Available
Arguimbau Peter $522,500 --
Arguimbau Peter $522,500 --
Domingoes Joseph A $72,000 --
Domingoes Joseph A $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spring St Reit Llc $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Rented $3,050 0.0% --
03/06/2025 03/06/25 Price Changed $3,050 -3.2% $2 / Sq Ft
02/09/2025 02/09/25 For Rent $3,150 +12.5% --
02/28/2023 02/28/23 Rented $2,800 0.0% --
10/06/2022 10/06/22 For Rent $2,800 +12.0% --
07/31/2022 07/31/22 Rented $2,500 0.0% --
07/29/2022 07/29/22 Under Contract -- -- --
07/25/2022 07/25/22 For Rent $2,500 -84.1% --
05/21/2022 05/21/22 Rented $15,726 +162.1% --
04/06/2022 04/06/22 For Rent $6,000 +160.9% --
03/22/2021 03/22/21 Rented $2,300 -48.9% --
03/10/2021 03/10/21 For Rent $4,500 -10.0% --
03/10/2021 03/10/21 Rented $5,000 +108.3% --
02/20/2021 02/20/21 Under Contract -- -- --
01/18/2021 01/18/21 For Rent $2,400 +9.1% --
07/20/2020 07/20/20 For Rent $2,200 0.0% --
07/20/2020 07/20/20 Rented $2,200 -- --
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
2024 -- $825,600 $339,800 $485,800
2023 $0 $699,900 $222,100 $477,800
2022 $0 $699,900 $222,100 $477,800
2021 $0 $699,900 $222,100 $477,800
2020 $0 $554,700 $217,000 $337,700
2019 $0 $554,700 $217,000 $337,700
2018 $0 $554,700 $217,000 $337,700
2017 $0 $446,200 $199,800 $246,400
2016 -- $446,200 $199,800 $246,400
2015 -- $446,200 $199,800 $246,400
2014 -- $430,600 $169,800 $260,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1377748

State-Wide MLS

APN: NEWP-000027-000000-000138