28 Kay Street, Unit#3 Newport

$659,000
1 1 903 sq ft

The Property

Welcome to Newport living in the heart of the city’s historic district. This charming, oversized one-bedroom condo offers first-floor living, two designated off-street parking spaces, and a spacious, flexible layout just steps from downtown, restaurants, shops, the harbor, and beautiful hotels such as The Vanderbilt and Hotel Viking.

Previously used as a two-bedroom, the home offers excellent flexibility for additional sleeping accommodations or guest space. The second living room has its own door and direct egress to the private patio and wooded parking area, giving the space added privacy and versatility.

Two decorative fireplaces add classic Newport character and may offer potential for future gas conversion, subject to necessary approvals.

Outside, enjoy a private patio perfect for grilling, relaxing, or summer evenings. Two dedicated parking spaces, a true rarity in Newport, make this an especially convenient in-town property.

With its flexible layout, first-floor living, private outdoor space, period character, and exceptional walkability, this property works beautifully as a full-time residence, Newport getaway, or investment. Tenants are currently in place, and the property has a strong rental history.

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Listing Details

MLS Number

1424409

Features

  • Basement: Full, Interior and Exterior, Unfinished, Utility
  • Bus
  • Hospital
  • Marina
  • Private School
  • Recreational Facilities
  • Restaurants
  • Fireplace: Brick
  • Heating: Natural Gas, Forced Water
  • Heating Fuel: Natural Gas, Forced Water
  • Laundry
  • Local Historic District
  • Year Built: 1856

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Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today127-89.7% decrease in inventory
    New on Market *6874.4% increase in new listings
    Avg. Asking Price/Sq.Ft. *$750.92$14 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,709,810$52,235 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *97.87%2.1% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$835.30$53 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *9015 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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Listed by Edge Realty RI
Email:
Phone: 401-783-1007

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