40 Catherine St

Newport, RI 02840

$2,050,000
Last Sold Price
5
Beds
6,556 Sq. Ft.
$313 / Sq. Ft.
6,556
Sq. Ft.
$313
per Sq. Ft.
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Closed 5/6/25
Closed 5/6/25

Description

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...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!
  1. Listed by Daniel Cordeiro • Brokerage DRE #REB.0013814 • Gustave White Sotheby's Realty
    P: (917)-748-8791 dcordeiro@gustavewhite.com

Property Details for 40 Catherine Street

Subdivision Name
Kay - Catherine
LISTING UPDATED: 05/06/2025 04:43 PM

Property Details for 40 Catherine Street

StatusClosed
MLS #1377626
Days on Market35
Taxes$14,873 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1880
Lot Size0.72 AC / 31,557 SF
CountyNewport County
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Location

Listing Courtesy of Gustave White Sotheby's Realty

Sold By Anchor & Hope Real Estate LLC

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Building Information for 40 Catherine Street

Stories-Residences3Year Built1880Building Size-Lot Size0.72 AC / 31,557 SF

Payment Calculator

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$11,562 per month

30 year fixed, 6.46% Interest

Principal and Interest

$10,323

Property Taxes

$1,239

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 40 Catherine Street

Summary
Location and General Information
  • City: Newport
  • Postal City: Newport
  • Postal Code: 02840
  • State Or Province: RI
  • Zoning: R20
  • Human Modified Y N: Yes
Parking
  • Attached Garage Y N: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage Y N: Yes
  • Parking Features: Built In
  • Parking Total: 7
Taxes and HOA Information
  • Tax Annual Amount: $14,872.61
  • Tax Assessed Value: 1809100
  • Tax Lot: 44
  • Tax Map Number: 22
  • Tax Year: 2024
Property
Lot Information
  • Above Grade Fin SQFT: 6556.0
  • Building Area Total: 6556.0
  • Living Area Source: Other
  • Lot Size Acres: 0.7244
  • Lot Size Area: 31557.0
  • Lot Size Square Feet: 31557.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 4042CATHERINESTNEWP
  • Stories Total: 0
Property and Assessments
  • Business Type: Other
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1880
  • C L I P: 2,516,479,315
Utilities
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement: None
  • Basement Y N: No
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 2
  • Fireplace Y N: Yes
  • Flooring: Hardwood
  • Heating: Gas, Hot Water
  • Heating Y N: Yes
  • Rooms Total: 12
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $1,275.00
  • Description: 2nd Floor at 42 Catherine
  • Unit Type Area: 918
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $.00
  • Description: 1st Floor at 42 Catherine
  • Occupant Type: Vacant
  • Unit Type Area: 1352
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $.00
  • Description: House at 40 Catherine
  • Occupant Type: Vacant
  • Unit Type Area: 1870
  • Baths Total: 2
  • Beds Total: 3
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 40 Catherine Street

DateEvent & SourcePriceAppreciation
May 6, 2025

Sold

Rhode Island Association of REALTORS® #1377626

$2,050,000—
Mar 13, 2025

Contract Signed

Rhode Island Association of REALTORS® #1377626

—
Feb 21, 2025

Contract Out

Rhode Island Association of REALTORS® #1377626

—
DateEvent & SourcePrice
05/06/2025

Sold

Rhode Island Association of REALTORS® #1377626

$2,050,000
03/13/2025

Contract Signed

Rhode Island Association of REALTORS® #1377626

—
02/21/2025

Contract Out

Rhode Island Association of REALTORS® #1377626

—

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

Schools near 40 Catherine Street

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Frank E. Thompson Middle School
Public - 5 to 8
Rogers High School
Public - 9 to 12
Pell Elementary School
Public - PK to 4
Newport Area Career Tech Center
Public - 9 to 12
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Pell Elementary School
PublicPK to 4

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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Listing Courtesy of Gustave White Sotheby's Realty

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.