RENTED MAY 8, 2025

4 Gladding Ct Newport, RI 02840

Estimated Value: $698,000 - $992,000

3 Beds
1 Bath
1,076 Sq Ft
$792/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $675,000 $627 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,045/month

Highlights

  • Marina
  • No HOA
  • Walking Distance to Water
  • Furnished
  • Tennis Courts
  • 4-minute walk to Battery Park

About This Home

As of May 2025

Step into the perfect blend of old-world charm and modern comfort with this beautifully remodeled and fully furnished 1900s cottage, in the heart of Newport's sought-after Historic Point District. This 3-bedroom, 1-bathroom home offers a rare opportunity to enjoy a tranquil lifestyle just steps from the best of Newport. Located on a quiet dead-end street, the property offers peace and privacy while being just a short stroll to scenic sunsets over Newport Harbor and the lively shops and restaurants of Thames Street. The home sits on a spacious 4,900 square foot lot that features a large patio with grill area and perfectly appointed furnishings ideal for outside dining and entertaining as well as coveted off-street parking for three cars and mopeds, a true luxury in this neighborhood. Inside, the home has been tastefully updated while preserving its original character, offering a cozy yet sophisticated space to relax and entertain. Additional upgrades include all new 5-star energy appliances and energy efficiency boiler with tankless hot water and luxury vinyl flooring throughout. Lead Free Certificate and Knob & Tube inspections will allow you to be at ease. Whether you're seeking a seasonal getaway or a year-round residence, this charming cottage delivers comfort, style, and location.

Last Agent to Rent the Property

Tammy Bass

Serhant Rhode Island Brokerage Phone: 401-430-0856 License #RES.0040116 Listed on: 05/01/2025

Last Renter's Agent

Kelsey Martin

Serhant Rhode Island License #RES.0047386

Serhant Rhode Island

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 4,792

Parking

  • 3 Parking Spaces

Home Design

  • Wood Siding
  • Clapboard

Interior Spaces

  • 1,076 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Storage Room
  • Utility Room
  • Vinyl Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Outdoor Grill
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Hot Water Heating System
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • 4,792 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Property Available on 5/1/25
  • 12 Month Lease Term
  • Assessor Parcel Number 4GLADDINGCTNEWP

Community Details

Overview

  • No Home Owners Association
  • The Point Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2025-05-01
  • Security Deposit: 5500.0

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.11
  • Inclusions: Fully Furnished. Utilites to be paid by Tenant.
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 1076.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1900
  • Attribution Contact: 401-430-0856
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Stall Shower, Furnished
  • Living Area: 1076.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Wood Siding
  • Exterior Features: Porch, Patio, Barbecue
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Gardener, Laundry Facilities, Parking, Trash Collection
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 4GLADDINGCTNEWP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Sep 27, 2024
Sold by
Rao John and Perrotta Linda A
Bought by
Dolan Julie and Dolan Thomas J
Seller's Agent
Jim Manson
Hogan Associates Christie's
Buyer's Agent
Jim Manson
Hogan Associates Christie's
List Price
$719,000
Sold Price
$675,000
Premium/Discount to List
-$44,000
-6.12%
Views
146
Current Estimated Value
$852,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,288
Avg. Annual Appreciation
21.65%
Original Mortgage
$540,000
Outstanding Balance
$533,431
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$318,857

Purchase Details

Closed on
Jan 25, 1988
Bought by
Perrotta Linda A and Rao John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dolan Julie $675,000 None Available
Dolan Julie $675,000 None Available
Perrotta Linda A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dolan Julie $540,000
Closed Dolan Julie $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2025 05/08/25 Rented $5,500 0.0% --
05/03/2025 05/03/25 Under Contract -- -- --
05/01/2025 05/01/25 For Rent $5,500 0.0% --
09/27/2024 09/27/24 Sold $675,000 -6.1% $627 / Sq Ft View Prior Sale
08/26/2024 08/26/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $719,000 0.0% $668 / Sq Ft
08/10/2024 08/10/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $719,000 -2.7% $668 / Sq Ft
06/28/2024 06/28/24 Price Changed $739,000 -5.1% $687 / Sq Ft
05/24/2024 05/24/24 For Sale $779,000 -- $724 / 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 $6,747 $776,500 $485,800 $290,700
2024 $6,383 $776,500 $485,800 $290,700
2023 $5,083 $512,400 $319,800 $192,600
2022 $4,924 $512,400 $319,800 $192,600
2021 $4,781 $512,400 $319,800 $192,600
2020 $4,758 $462,800 $285,700 $177,100
2019 $4,758 $462,800 $285,700 $177,100
2018 $4,623 $462,800 $285,700 $177,100
2017 $4,302 $383,800 $219,800 $164,000
2016 $4,195 $383,800 $219,800 $164,000
2015 $4,095 $383,800 $219,800 $164,000
2014 $4,032 $334,300 $171,800 $162,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1382950

State-Wide MLS

APN: NEWP-000012-000000-000006