$2,050,000
SOLD MAY 6, 2025

40 Catherine St Unit 42 Newport, RI 02840

Kay-Catherine Neighborhood
5 Beds
4 Baths
6,556 Sq Ft
0.72 Acres

Recently Sold

$313 Per Sq Ft

5% Below List Price

35 Days on Market

Highlights

  • 0.72 Acre Lot
  • 2 Fireplaces
  • Heating System Uses Steam
  • Wood Flooring
  • 2 Car Attached Garage
  • Wood Siding

About This Home

As of May 2025

PRIME NEWPORT OASIS. Hidden in plain sight, this 31,000+ square foot property is one of the largest residential parcels in the desirable Kay/Catherine neighborhood, right off Bellevue Avenue, and a stone's throw to the Cliff Walk, Tennis Hall of Fame, Redwood Library and Newport Harbor. The property consists of 2 buildings - 40 Catherine, a 3-bedroom/2-bath house, and 42 Catherine, a charming 2-story converted barn with 2 one-bedroom apartments. 40 Catherine features a grand living room - once the office of architect George Champlin Mason with wood-burning fireplace and tall Palladian arched windows. A great outdoor deck and wonderful yard offer seamless indoor-outdoor living with room for entertaining al fresco. A private bedroom suite is on its own floor upstairs, while the main floor includes a large open kitchen/dining, separate dining/study, bathroom and the second and third bedrooms. A first floor garage offers an additional 1500+ sf of storage space or potential additional living area. 42 Catherine offers all the charm of an historic barn conversion with potential for family compound, rental income and/or guest accommodation. The first floor is just one step up, spanning over 1300 sf, with a huge great room, Dutch door, charming patio, wood-burning fireplace, open kitchen, laundry, bathroom, and first floor bedroom. The second floor is an additional one-bedroom apartment, rented to a long-term tenant. Sublime!

Last Agent to Sell the Property

Daniel Cordeiro

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0048435 Listed on: 02/06/2025

Gustave White Sotheby's Realty

Last Buyer's Agent

Erin Moitoza

Anchor & Hope Real Estate LLC License #REB.0019102

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,873

Year Built

  • Built in 1880

Lot Details

  • 0.72 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 6,556 Sq Ft Home
  • 2 Fireplaces
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 3 Units
  • Kay Catherine Subdivision

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 4042CATHERINESTNEWP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,873

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.7244
  • Subdivision Name: Kay - Catherine
  • Above Grade Finished Sq Ft: 6556.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1880
  • Attribution Contact: 401-849-3000
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 31557.0
  • Parcel #: 4042CATHERINESTNEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 14872.61
  • Tax Lot: 44
  • Tax Map Number: 22
  • Tax Year: 2024

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 Sold $2,050,000 -4.7% $313 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $2,150,000 +43.3% $328 / Sq Ft
06/04/2021 06/04/21 Sold $1,500,000 0.0% $676 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $1,500,000 -- $676 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1377626

State-Wide MLS

APN: NEWP M:022 B:0044