388 Spring Street

Closed 9/21/00
Closed 9/21/00
Exterior Front.
Sold
Last Sold Price
$250,000
7 beds2,866 sqft
388 Spring St, Newport, RI 02840
Multi FamilyProperty Type
0.12 acresLot Size
1900Year Built
$87/sq ftPrice per sq ft
6 carsParking Spaces

Description

Needs some buffing out but a great location & price. 2 car detached garage for income possibilites. Small harborview deck only 1 lease which ends october 10, 2000.Needs some buffing out but a great location & price. 2 car detached garage for income possibilites. Small harborview deck only 1 lease which ends october 10, 2000.
  • Listed by: STEPHANIE GUINAN 401.848.6766 sg@stephanieguinan.com Brokerage DRE #REB.0010327 • RE/MAX Profnl. Newport, Inc.
Listing closed: 09/21/2000 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 012278

Recent comparable sales

Median sold price

$956,000

Avg days on market

30

Sale-to-list ratio

93.7%

Newport, RI

9 comparable properties found

$956,000 | 11 Young Street, Newport, RI 02840
1/44
1

$956,000

Sold 11/15/24

7
Bedrooms
2,025
Square Feet
0.07
Acres

11 Young Street, Newport, RI 02840

$1,410,000 | 28 Young Street, Newport, RI 02840
1/51
2

$1,410,000

Sold 12/30/25

6
Bedrooms
2,828
Square Feet
0.08
Acres

28 Young Street, Newport, RI 02840

$1,350,000 | 27 Dean Avenue, Newport, RI 02840
1/17
3

$1,350,000

Sold 03/03/26

6
Bedrooms
2,613
Square Feet
0.11
Acres

27 Dean Avenue, Newport, RI 02840

$2,400,000 | 41 School Street, Newport, RI 02840
1/5
4

$2,400,000

Sold 02/05/25

7
Bedrooms
4,036
Square Feet
0.11
Acres

41 School Street, Newport, RI 02840

$910,000 | 44 Warner Street, Newport, RI 02840
1/51
5

$910,000

Sold 12/12/25

6
Bedrooms
2,524
Square Feet
0.06
Acres

44 Warner Street, Newport, RI 02840

$1,055,250 | 92 Warner Street, Newport, RI 02840
1/51
6

$1,055,250

Sold 03/26/25

6
Bedrooms
2,568
Square Feet
0.10
Acres

92 Warner Street, Newport, RI 02840

$912,500 | 7 Caswell Avenue, Newport, RI 02840
1/50
7

$912,500

Sold 12/02/25

8
Bedrooms
2,934
Square Feet
0.11
Acres

7 Caswell Avenue, Newport, RI 02840

$740,000 | 8 Peckham Avenue, Newport, RI 02840
1/24
8

$740,000

Sold 01/30/25

6
Bedrooms
3,128
Square Feet
0.14
Acres

8 Peckham Avenue, Newport, RI 02840

$253,000 | 170 South Main Street, Newport, NH 03773
1/21
9

$253,000

Sold 09/04/26

6
Bedrooms
2,606
Square Feet
0.76
Acres

170 South Main Street, Newport, NH 03773

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Location

Listing Courtesy of RE/MAX Profnl. Newport, Inc.

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Property Taxes

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Property Information for 388 Spring Street

Property Details
  • Taxes: $3,585 / year
  • MLS Type: Residential Income / Multi Family
  • County: Newport County
  • Subdivision Name: YACHTING VILLAGE
  • Waterfront Features: Water Access, Waterfront, Walk To Water
Building Information
  • Stories: 3
  • Residences: 2
  • Year Built: 1900
  • Lot Size: 0.12 AC / 5,026 SF
Summary
Location and General Information
  • City: Newport
  • Community Features: Marina, Near Schools, Public Transportation, Shopping, Sidewalks
  • Postal City: Newport
  • Postal Code: 02840
  • State Or Province: RI
  • Zoning: R10
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 6
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $3,585.00
  • Tax Assessed Value: 150000
  • Tax Block: 0000
  • Tax Lot: 150000
  • Tax Year: 1999
Property
Lot Information
  • Above Grade Fin SQFT: 2866.0
  • Building Area Total: 2866.0
  • Frontage Length: 0
  • Living Area: 2,866.00
  • Lot Size Acres: 0.1154
  • Lot Size Area: 5026.0
  • Lot Size Square Feet: 5026.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 388SPRINGSTNEWP
  • Stories Total: 3
Property and Assessments
  • 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: 9,038,950,633
Utilities
  • Electric: Amps100, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Interior Features
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Basement: Full, Walk Out Access
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 7
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood, Vinyl
  • Heating: Hot Water, Oil
  • Heating Y N: Yes
  • Laundry Features: In Unit
  • Rooms Total: 12
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $1,150.00
  • Description: LR 4BR EIK 2 BATHS
  • Total Rent: $1,750.00
  • Baths Total: 2
  • Beds Total: 4
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $600.00
  • Description: LR 3BR EIK BATH
  • Total Rent: $1,750.00
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 388 Spring Street

DateEvent & SourcePriceAppreciation
Sep 22, 2000

Sold (Public Record)

Public Record #170920006

$250,000

+15.7% / yr

Sep 21, 2000

Sold

Rhode Island Association of REALTORS® #012278

$250,000—
Aug 15, 2000

Contract Signed

Rhode Island Association of REALTORS® #012278

—
DateEvent & SourcePrice
09/22/2000

Sold (Public Record)

Public Record #170920006

$250,000

+15.7% / yr

09/21/2000

Sold

Rhode Island Association of REALTORS® #012278

$250,000
08/15/2000

Contract Signed

Rhode Island Association of REALTORS® #012278

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 388 Spring Street

Taxable ValueLand$423,900Additions$722,900Total$1,146,800
Tax Record2025$9,965 ($830 / month)
Home Facts
Baths4Total Finished SqFt3,492 SqFtAbove Grade Finished SqFt3,492 SqFtStories3Lot Size5,027 SqFtStyleTriplexYear Built1890Year Renovated1992ZoningR10CountyNEWPORTAPNNEWP M:032 B:0132

Schools near 388 Spring Street

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Pell Elementary School
Public - PK to 4
Frank E. Thompson Middle School
Public - 5 to 8
Rogers High School
Public - 9 to 12
Newport Area Career Tech Center
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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 388 Spring Street, Newport, RI 02840
$250,000
7
2,866
5,026
392 Spring Street, Newport, RI 02840
$200,000
4
3.5
2,118
6,050
387 Spring Street, Newport, RI 02840
$700,000
3
2,764
1,726
378 Spring Street, Newport, RI 02840
$945,000
4
3,369
6,145
379 Spring Street, Newport, RI 02840
$850,000
3
2,080
2,178
69 Pope Street, Newport, RI 02840
$414,000
4
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 RE/MAX Profnl. Newport, Inc.

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.