Skip main navigation
For sale
    • $659,000

    28 Kay St APT 3, Newport, RI 02840

    1beds
    903sqft
    : 
    $4,945/mo
    Get pre-qualified
    Condominium
    Built in 1856
    -- sqft lot
    $643,000 Zestimate®
    $730/sqft
    $515/mo HOA

    What's special

    First-floor livingSpacious flexible layoutCharming oversized one-bedroom condoPrivate outdoor space
    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.
    8 days
    668
    22

    Zillow last checked:

    Listing updated:

    Listed by:

    Alexander Fraioli 401-255-9109,

    Edge Realty RI

    Source: StateWide MLS RI,MLS#: 1424409MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Natural Gas, Forced Water
      Cooling
      • Central Air, Other
      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: $730/sqft
      • Tax assessed value: $487,300
      • Annual tax amount: $3,831
      • Date on market: 9/27/2026
      • Inclusions: Property taxes are based on current assessment and may vary depending on applicable tax credits, exemptions, and future ownership status

        Estimated market value

        $643,000

        $611,000 - $675,000

        $2,950/mo

        Price history

        DateEventPrice
        9/27/2026Listed for sale$659,000$730/sqft
        Source: StateWide MLS RI #1424409 Report a problem
        9/26/2026Listing removed$659,000$730/sqft
        Source: StateWide MLS RI #1421534 Report a problem
        9/14/2026Listing removed$2,800$3/sqft
        Source: Zillow Rentals Report a problem
        8/25/2026Listed for sale$659,000$730/sqft
        Source: StateWide MLS RI #1421534 Report a problem
        8/25/2026Listing removed$659,000$730/sqft
        Source: StateWide MLS RI #1420002 Report a problem
        8/21/2026Price change$2,800-6.7%$3/sqft
        Source: Zillow Rentals Report a problem
        8/11/2026Listed for rent$3,000$3/sqft
        Source: Zillow Rentals Report a problem
        8/6/2026Listed for sale$659,000-3.8%$730/sqft
        Source: StateWide MLS RI #1420002 Report a problem
        8/6/2026Listing removed$685,000$759/sqft
        Source: StateWide MLS RI #1408799 Report a problem
        7/9/2026Price change$685,000-2%$759/sqft
        Source: StateWide MLS RI #1408799 Report a problem
        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
        9/13/2011Listed for sale$264,900+35.8%$293/sqft
        Source: Keller Williams Realty of Newport / East Bay #993554 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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Kay/Catherine

        Getting around

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

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Newport Topics

                Search
                Updates
                Favorites
                Plan
                Inbox