NOT LISTED FOR SALE

40 Cranston Ave Unit 2 Newport, RI 02840

Kay-Catherine Neighborhood
3 Beds
1 Bath
1,699 Sq Ft
0.29 Acres

Highlights

  • 0.29 Acre Lot
  • Victorian Architecture
  • Bathtub with Shower
  • Wood Flooring
  • No HOA
  • 4-minute walk to Congdon Parks

About This Home

As of September 2022

Gorgeous second floor unit located in the desirable Kay/Catherine area of Newport. This unit features hardwood floors, 3 decorative fireplaces, a private balcony, fresh paint, a large yard, and so much more. Offered as a yearly unfurnished rental.

Last Agent to Rent the Property

Sean Lawrence

HomeSmart Professionals License #REB.0018470 Listed on: 08/29/2022

HomeSmart Professionals

Last Renter's Agent

Alex Chiera

BHHS Commonwealth Real Estate License #RES.0043362

BHHS Commonwealth Real Estate

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1880

Lot Details

  • 0.29 Acre Lot
  • Fenced

Home Design

  • Victorian Architecture
  • Entry on the 2nd floor
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,699 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • No Garage
  • Unassigned Parking

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 9/15/22
  • Tenant pays for hot water
  • 12 Month Lease Term
  • Assessor Parcel Number 40CRANSTONAV2NEWP

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Kay/Catherine Subdivision

Amenities

  • Shops
  • Public Transportation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1880

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Hot Water
  • Available Date: 2022-09-15

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.29
  • Subdivision Name: Kay/Catherine
  • Above Grade Finished Sq Ft: 1699.0
  • Architectural Style: Victorian
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • Building Stories: 3
  • Structure Type: Apartment
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Second Floor Access
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 1699.0
  • Dining Room Type: Laundry
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Shingle Siding, Wood Siding

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Near Hospital, Public Transportation, Shopping, Sidewalks
  • Senior Community: No
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 40CRANSTONAV2NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Rented $2,600 0.0% --
09/07/2022 09/07/22 Price Changed $2,600 -13.3% $2 / Sq Ft
08/29/2022 08/29/22 For Rent $3,000 -- --
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 $13,332 $1,534,300 $297,100 $1,237,200
2024 $12,510 $1,521,900 $297,100 $1,224,800
2023 $13,689 $1,379,900 $210,000 $1,169,900
2022 $13,261 $1,379,900 $210,000 $1,169,900
2021 $12,874 $1,379,900 $210,000 $1,169,900
2020 $10,954 $1,065,600 $162,700 $902,900
2019 $10,954 $1,065,600 $162,700 $902,900
2018 $10,645 $1,065,600 $162,700 $902,900
2017 $8,872 $791,400 $130,400 $661,000
2016 $8,650 $791,400 $130,400 $661,000
2015 $8,444 $791,400 $130,400 $661,000
2014 $7,670 $636,000 $130,400 $505,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2022

    Sean Lawrence

    HomeSmart Professionals

    (401) 924-3327

    1 in this area

    54 Total Sales

    Sean Lawrence
    Section Image

  • A

    Tenant's Agent in 2022

    Alex Chiera

    BHHS Commonwealth Real Estate

    (845) 849-4392

    1 in this area

    19 Total Sales

    Alex Chiera
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1318914

State-Wide MLS

APN: NEWP M:019 B:0008 L:4

Rhode Island Newport County Newport 02840 Kay-Catherine

40 Cranston Ave Unit 2, Newport, RI

Not Listed for Sale

MultiFamily

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