374 Spring Street
Description
Unit 1- Summer $5750/month Winter- $2400
Unit 2- Summer $3750/month Sept 1 to Annual Lease- $2225
Unit 1 is available to immediate move in and vacant for the summer. It is rented for winter 2022-2023. Unit 2 is fully rented until Sept 2023.
- Listed by: Diamandia Lingos 860.617.8999 Diamandia@thecompassco.com Brokerage DRE #REB.0019056 • Compass Real Estate, LLC
Location
Sold By Compass Real Estate, LLC
$4,742 per month
30 year fixed, 7.03% Interest
$4,271
$471
$0
1Property Information for 374 Spring Street
Property Details
- Taxes: $5,657 / year
- MLS Type: Residential Income / Multi Family
- County: Newport County
- Waterfront Features: Walk To Water
- Furnished: Furnished
Building Information
- Stories: 2
- Residences: 2
- Year Built: 1900
- Lot Size: 0.06 AC / 2,687 SF
Summary
- City: Newport
- Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Courts
- Postal City: Newport
- Postal Code: 02840
- State Or Province: RI
- Zoning: R10
- Human Modified Y N: No
- Covered Spaces: 0
- Garage Spaces: 0
- Garage Y N: No
- Parking Features: No Garage
- Parking Total: 0
- Tax Annual Amount: $5,657.00
- Tax Assessed Value: 606300
- Tax Lot: 096
- Tax Year: 2021
Property
- Above Grade Fin SQFT: 3444.0
- Building Area Total: 3444.0
- Living Area Source: Public Records
- Lot Features: Corner Lot
- Lot Size Acres: 0.0617
- Lot Size Area: 2687.0
- Lot Size Square Feet: 2687.0
- Lot Size Units: Square Feet
- Number Of Buildings: 1
- Parcel Number: 374SPRINGSTNEWP
- Stories Total: 2
- Buyer Financing: Conventional
- New Construction Y N: No
- Number Of Units Total: 2
- Property Sub Type: Multi Family
- Property Type: ResidentialIncome
- Senior Community Y N: No
- Year Built: 1900
- C L I P: 7,646,126,847
- Electric: Circuit Breakers
- Sewer: Connected
- Utilities: Sewer Connected
- Water Source: Connected
Interior and Exterior Features
- Exterior Features: Porch
- Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Water Heater, Washer
- Basement: Exterior Entry, Full, Interior Entry, Unfinished
- Basement Y N: Yes
- Bathrooms Full: 2
- Bathrooms Half: 0
- Bathrooms Total Integer: 2
- Bedrooms Total: 5
- Cooling: Ductless
- Cooling Y N: Yes
- Fireplaces Total: 0
- Fireplace Y N: No
- Flooring: Hardwood
- Heating: Electric, Individual, Oil, Zoned
- Heating Y N: Yes
- Interior Features: Stall Shower, Tub Shower, Furnished
- Laundry Features: In Unit
- Patio And Porch Features: Porch
- Rooms Total: 9
Multi Family
- Operating Expense: $1,000.00
- Actual Rent: $2,225.00
- Description: Annual Rent starting 9/5/2022
- Unit Type Area: 952.0
- Baths Total: 1
- Beds Total: 2
- Num of Full Baths: 1
- Num of Half Baths: 0
- Actual Rent: $2,400.00
- Description: Winter Rent
- Unit Type Area: 974.0
- Baths Total: 1
- Beds Total: 3
- Num of Full Baths: 1
- Num of Half Baths: 0
Rental
- Lease Amount Per Area Unit: DollarsPerSquareFoot
- Land Lease Y N: No
Property History for 374 Spring Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jun 23, 2022 | Sold (Public Record) Public Record #1496866735 | $800,000 | +8.3% / yr |
| Jun 23, 2022 | Sold Rhode Island Association of REALTORS® #1310336 | $800,000 | — |
| Jun 13, 2022 | Contract Signed Rhode Island Association of REALTORS® #1310336 | — | |
| May 16, 2022 | Listed (Active) Rhode Island Association of REALTORS® #1310336 | $800,000 | — |
| Apr 18, 2022 | Permanently Off Market Rhode Island Association of REALTORS® #1301421 | — | |
| Feb 3, 2022 | Listed (Active) Rhode Island Association of REALTORS® #1301421 | $905,000 | — |
| Nov 25, 2019 | Sold Rhode Island Association of REALTORS® #1238479 | $649,000 | — |
| Nov 25, 2019 | Contract Signed Rhode Island Association of REALTORS® #1238479 | — | |
| Nov 11, 2019 | Sold (Public Record) Public Record #658386857 | $649,000 | +5.9% / yr |
| Oct 13, 2019 | Listed (Active) Rhode Island Association of REALTORS® #1238479 | $659,000 | — |
| Aug 1, 2017 | Sold (Public Record) Public Record #602966267 | $570,000 | +76.3% / yr |
| Jul 31, 2017 | Temporarily Off Market Rhode Island Association of REALTORS® #1156163 | — | |
| Apr 8, 2017 | Listed (Active) Rhode Island Association of REALTORS® #1156163 | $624,900 | — |
| Jul 25, 2016 | Sold (Public Record) Public Record #576538932 | $320,000 | +24065.4% / yr |
| Jul 25, 2016 | Sold Rhode Island Association of REALTORS® #1131055 | $320,000 | — |
| Jul 14, 2016 | Contract Signed Rhode Island Association of REALTORS® #1131055 | — | |
| Jul 8, 2016 | Listed (Active) Rhode Island Association of REALTORS® #1131055 | $374,000 | — |
| Jun 21, 2016 | Sold (Public Record) Public Record #573764675 | $192,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 06/23/2022 | Sold (Public Record) Public Record #1496866735 | $800,000 +8.3% / yr |
| 06/23/2022 | Sold Rhode Island Association of REALTORS® #1310336 | $800,000 |
| 06/13/2022 | Contract Signed Rhode Island Association of REALTORS® #1310336 | — |
| 05/16/2022 | Listed (Active) Rhode Island Association of REALTORS® #1310336 | $800,000 |
| 04/18/2022 | Permanently Off Market Rhode Island Association of REALTORS® #1301421 | — |
| 02/03/2022 | Listed (Active) Rhode Island Association of REALTORS® #1301421 | $905,000 |
| 11/25/2019 | Sold Rhode Island Association of REALTORS® #1238479 | $649,000 |
| 11/25/2019 | Contract Signed Rhode Island Association of REALTORS® #1238479 | — |
| 11/11/2019 | Sold (Public Record) Public Record #658386857 | $649,000 +5.9% / yr |
| 10/13/2019 | Listed (Active) Rhode Island Association of REALTORS® #1238479 | $659,000 |
| 08/01/2017 | Sold (Public Record) Public Record #602966267 | $570,000 +76.3% / yr |
| 07/31/2017 | Temporarily Off Market Rhode Island Association of REALTORS® #1156163 | — |
| 04/08/2017 | Listed (Active) Rhode Island Association of REALTORS® #1156163 | $624,900 |
| 07/25/2016 | Sold (Public Record) Public Record #576538932 | $320,000 +24065.4% / yr |
| 07/25/2016 | Sold Rhode Island Association of REALTORS® #1131055 | $320,000 |
| 07/14/2016 | Contract Signed Rhode Island Association of REALTORS® #1131055 | — |
| 07/08/2016 | Listed (Active) Rhode Island Association of REALTORS® #1131055 | $374,000 |
| 06/21/2016 | Sold (Public Record) Public Record #573764675 | $192,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 374 Spring Street
Taxable Value
Land
$358,100Additions
$505,400Tax Record
2025
$6,200 ($517 / month)Home Facts
Baths
2Total Finished SqFt
1,906 SqFtAbove Grade Finished SqFt
1,906 SqFtStories
2Lot Size
2,688 SqFtStyle
DuplexYear Built
1900Year Renovated
1997Zoning
R10County
NEWPORTAPN
NEWP M:032 B:0096Schools near 374 Spring Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Pell Elementary School PublicPK to 4 | ||
Frank E. Thompson Middle School Public5 to 8 | ||
Rogers High School Public9 to 12 | ||
Newport Area Career Tech Center Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
New listings in 02840
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 374 Spring Street, Newport, RI 02840 | $800,000 | 5 | 2 | 3,444 | 2,687 |
– | 3 | 1 | 1,250 | 2,465 | |
– | – | 2 | 1,498 | 1,965 | |
$945,000 | 4 | 6 | 3,369 | 6,145 | |
– | – | 3 | 2,820 | 3,629 | |
$290,000 | 2 | 2 | 1,781 | 1,827 | |
$750,000 | 3 | 2 | 1,660 | 1,307 | |
$144,650 | 3 | 2 | 1,277 | 2,967 | |
$649,000 | 4 | 3 | 1,666 | 4,356 | |
$380,000 | 2 | 2 | 1,627 | 2,613 | |
$975,000 | 6 | 4 | 2,450 | 2,178 | |
– | 2 | 1 | 1,077 | 3,193 | |
$365,000 | 4 | 2 | 1,567 | 3,750 | |
$103,500 | 2 | 2.5 | 969 | 1,869 | |
$850,000 | 3 | 4 | 2,080 | 2,178 | |
$414,000 | 4 | 1 | 1,557 | 6,706 |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Compass Real Estate, LLC
Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
