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For sale
    • Price cut: $26K (5/19)
    $699,000

    28 Kay St APT 3, Newport, RI 02840

    2beds
    903sqft
    : 
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    Condominium
    Built in 1856
    -- sqft lot
    $675,000 Zestimate®
    $774/sqft
    $515/mo HOA

    What's special

    Flexible bonus spacePrivate outdoor patio areaIncredibly versatile layout
    Welcome to Newport living in the heart of the city’s historic district. Located at 28 Kay Street, Unit 3, this charming and highly functional condo offers an exceptional opportunity to enjoy the best of Newport just steps from your front door. Walk to restaurants, shops, the harbor, and the newly redesigned The Vanderbilt, Auberge Resorts Collection with its beautiful rooftop bar and vibrant social scene. Legally a two-bedroom condo, the true appeal of this home is its incredibly versatile layout. The flexible bonus space is perfect for a second bedroom, home office, guest room, workout area, or creative studio, making the property ideal for today’s live-work lifestyle. The unit also features a private outdoor patio area that, while intimate, is extremely usable and perfect for grilling, relaxing, or enjoying summer evenings outdoors. Additional highlights include two off-street parking spaces, a true rarity in Newport, along with an unbeatable walkable location close to downtown, Bellevue Avenue, beaches, and Newport’s waterfront. Whether you are looking for a full-time residence, weekend getaway, or investment property, this condo offers flexibility, charm, and convenience in one of Newport’s most desirable neighborhoods.
    94 days
    |
    1,328
    |
    59
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alexander Fraioli 401-255-9109,

    Edge Realty RI

    Source: StateWide MLS RI,MLS#: 1408799MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Natural Gas, Forced Water
      Cooling
      • Central Air, Individual Unit
      Appliances
      • Included: Gas Water Heater
      • Laundry: In Unit
      Features
      • Plumbing (Mixed), Insulation (Unknown)
      • Flooring: Hardwood
      • Basement: Full,Interior and Exterior,Unfinished,Utility
      • Number of fireplaces: 2
      • Fireplace features: Brick
      Interior area
      • Total structure area: 903
      • Total interior livable area: 903 sqft
      • Finished area above ground: 903
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: No Garage, Assigned
      Features
      • Stories: 2
      Lot
      • Features: Local Historic District
      Details
      • Parcel number: NEWPM021B0091L3

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Clapboard
      • Foundation: Stone
      Condition
      • New construction: No
      • Year built: 1856

      Utilities & green energy

      • Electric: 100 Amp Service
      • Water: Public
      • Utilities for property: Sewer Connected

      Community & HOA

      Community
      • Features: Near Public Transport, Hospital, Marina, Private School, Recreational Facilities, Restaurants
      • Subdivision: Kay/Catherine
      HOA
      • Has HOA: No
      • HOA fee: $515 monthly
      Location
      • Region: Newport

      Financial & listing details

      • Price per square foot: $774/sqft
      • Tax assessed value: $487,300
      • Annual tax amount: $1,500
      • Date on market: 4/2/2026

        Estimated market value

        $675,000

        $641,000 - $709,000

        $3,336/mo

        Price history

        DateEventPrice
        5/19/2026Price change$699,000-3.6%$774/sqft
        Source: StateWide MLS RI #1408799 Report a problem
        4/2/2026Listed for sale$725,000+109.5%$803/sqft
        Source: StateWide MLS RI #1408799 Report a problem
        3/25/2025Listing removed$3,000$3/sqft
        Source: Zillow Rentals Report a problem
        2/9/2025Listed for rent$3,000+7.1%$3/sqft
        Source: Zillow Rentals Report a problem
        2/13/2024Listing removed--
        Source: Zillow Rentals Report a problem
        1/15/2024Listed for rent$2,800+27.3%$3/sqft
        Source: Zillow Rentals Report a problem
        4/4/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        3/18/2022Listed for rent$2,200$2/sqft
        Source: Zillow Rental Manager Report a problem
        6/26/2019Sold$346,000-1.1%$383/sqft
        Source: StateWide MLS RI #1223303 Report a problem
        5/13/2019Listed for sale$349,900+55.5%$387/sqft
        Source: COLDWELL BANKER RESIDENTIAL BR #1223303 Report a problem
        11/7/2012Sold$225,000-5.9%$249/sqft
        Source: Public Record Report a problem
        9/8/2012Price change$239,000-4%$265/sqft
        Source: Libby Kirwin Real Estate #1021547 Report a problem
        7/13/2012Listed for sale$249,000-6%$276/sqft
        Source: Libby Kirwin Real Estate, LLC #1021547 Report a problem
        12/16/2011Listing removed$264,900$293/sqft
        Source: Keller Williams Realty of Newport / East Bay #993554 Report a problem
        9/13/2011Price change$264,900-1.5%$293/sqft
        Source: Keller Williams Realty of Newport / East Bay #993554 Report a problem
        8/31/2011Price change$269,000-2.5%$298/sqft
        Source: Keller Williams Realty of Newport / East Bay #993554 Report a problem
        7/15/2011Price change$275,900-4.5%$306/sqft
        Source: Keller Williams Realty of Newport / East Bay #993554 Report a problem
        5/31/2011Price change$289,000-0.2%$320/sqft
        Source: Keller Williams Realty of Newport / East Bay #993554 Report a problem
        5/19/2011Price change$289,500-3.3%$321/sqft
        Source: CENTURY 21 Access America - Newport, RI #986394 Report a problem
        3/12/2011Listed for sale$299,500+53.6%$332/sqft
        Source: CENTURY 21 Access America - Newport, RI #986394 Report a problem
        6/5/2001Sold$195,000+3.2%$216/sqft
        Source: Public Record Report a problem
        12/1/2000Sold$189,000$209/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,499 +3%$487,300
        2024$3,396 +9.1%$487,300 +50.4%
        2023$3,114 $324,000
        2022$3,114 +3%$324,000
        2021$3,023 +0.3%$324,000 +10.5%
        2020$3,014 $293,200
        2019$3,014 +2.9%$293,200
        2018$2,929 -10.9%$293,200
        2017$3,287 +2.6%$293,200
        2016$3,205 +2.5%$293,200
        2015$3,128 -0.7%$293,200 +12.2%
        2014$3,151 +6.2%$261,300
        2012$2,968 -0.2%$261,300 -12.8%
        2011$2,974 +3.9%$299,500
        2010$2,863 +0.4%$299,500
        2009$2,851 -7.5%$299,500 -15.7%
        2008$3,081 +3.9%$355,400
        2007$2,964 $355,400

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Kay/Catherine

        Getting around

        92 / 100
        Walker's Paradise
        38 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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