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Sold for $2,050,000
  • $2,050,000

    40-42 Catherine St, Newport, RI 02840

    5beds
    4,140sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $-- Zestimate®
    $495/sqft
    $6,281 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $6,281/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Cordeiro 401-849-3000,

    Gustave White Sotheby's Realty

    Bought with:

    Erin Moitoza, REB.0019102

    Anchor & Hope Real Estate LLC

    Source: StateWide MLS RI,MLS#: 1377626MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Water
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Hardwood
    • Basement: None
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 6,556
    • Total interior livable area: 4,140 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Integral
    • Attached garage spaces: 2
    Lot
    • Size: 0.72 Acres
    • Features: Local Historic District
    Details
    • Parcel number: NEWPM022B0044
    • Zoning: R20
    • Special conditions: 3rd Party/Corporate Owned

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Electric: Individual Meter
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Newport
    • Subdivision: Kay - Catherine

    HOA & financial

    Other financial information
    • Total actual rent: 1275

    Price history

    DateEventPrice
    5/6/2025Sold$2,050,000-4.7%$495/sqft
    Source: StateWide MLS RI #1377626 Report a problem
    3/13/2025Pending sale$2,150,000$519/sqft
    Source: StateWide MLS RI #1377626 Report a problem
    2/22/2025Contingent$2,150,000$519/sqft
    Source: StateWide MLS RI #1377626 Report a problem
    2/6/2025Listed for sale$2,150,000+43.3%$519/sqft
    Source: StateWide MLS RI #1377626 Report a problem
    6/4/2021Sold$1,500,000$362/sqft
    Source: StateWide MLS RI #1276257 Report a problem
    3/19/2021Pending sale$1,500,000$362/sqft
    Source: StateWide MLS RI #1276257 Report a problem
    2/26/2021Listed for sale$1,500,000$362/sqft
    Source: StateWide MLS RI #1276257 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,719 +5.7%$1,809,100
    2024$14,871 +35.2%$1,809,100 +58.1%
    2023$11,000 $1,144,600
    2022$11,000 +3%$1,144,600
    2021$10,679 -4.5%$1,144,600 +5.2%
    2020$11,186 $1,088,100
    2019$11,186 +2.9%$1,088,100
    2018$10,870 +8.1%$1,088,100 +21.3%
    2017$10,054 +2.6%$896,900
    2016$9,803 +2.4%$896,900
    2015$9,570 -2.7%$896,900 +10%
    2014$9,834 +6.2%$815,400
    2012$9,263 +6.2%$815,400 -7.2%
    2011$8,725 +3.9%$878,700
    2010$8,400 +0.4%$878,700
    2009$8,365 -4.9%$878,700 -13.4%
    2008$8,794 +4%$1,014,300
    2007$8,459 +4%$1,014,300
    2006$8,135 -5.4%$1,014,300 +68.5%
    2005$8,601 +11.2%$601,900
    2002$7,734 $601,900

    Find assessor info on the county website

    Neighborhood: Kay/Catherine

    Nearby schools

    GreatSchools rating