$1,400,000
Last Sold Price
2
Beds
1,710 Sq. Ft.
$819 / Sq. Ft.
1,710
Sq. Ft.
$819
per Sq. Ft.

Description

Turn- Key, exquisitely renovated 2 bedroom, 2.5 bath Victorian Cottage in Newport's famed Historic Point. The thoughtful and beautiful renovation was designed by Gregory P Yalanis for today's functionality and comfort while preserving the historically appropriate interior and exterior architectural details. The first floor has a lovely kitchen with plenty of cabinetry, living room with a lighted tray ceiling, large dining room with built in cabinet and sun filled family room. Upstairs features two...Turn- Key, exquisitely renovated 2 bedroom, 2.5 bath Victorian Cottage in Newport's famed Historic Point. The thoughtful and beautiful renovation was designed by Gregory P Yalanis for today's functionality and comfort while preserving the historically appropriate interior and exterior architectural details. The first floor has a lovely kitchen with plenty of cabinetry, living room with a lighted tray ceiling, large dining room with built in cabinet and sun filled family room. Upstairs features two ensuite bedrooms and laundry. The house has Pella Architectural windows and doors, copper gutters, central air, Navien hot water heater and spray foam insulation. The exterior boasts attractive mature plantings, a private IPE rear deck with a pair of sail shades, and lovely hardscape pavers for the driveway and parking area. Conveniently located near the Harbor, public boat ramp, park, and all the dining, stores, and attractions that Newport has to offer.
  1. Listed by Stacie Mills • Brokerage DRE #REB.0016561 • Vanderbilt International Prop.
    P: (401)-862-2793 smills@vip-newport.com
  2. Listed by Mary Waddington • Vanderbilt International Prop.
    P: (401)-345-8351 C: (401)-345-8351 mwaddington@vip-newport.com

Property Details for 42 3rd Street

Subdivision Name
The Point
Architectural Style
Victorian
Waterfront Features
Water Access, Walk To Water
LISTING UPDATED: 10/10/2025 01:29 PM

Property Details for 42 3rd Street

StatusClosed
MLS #1393729
Days on Market20
Taxes$7,529 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1884
Lot Size0.08 AC / 3,485 SF
CountyNewport County

Location

Listing Courtesy of Vanderbilt International Prop.

Sold By Warner Realty Group

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Building Information for 42 3rd Street

Stories2Year Built1884Building Size-Lot Size0.08 AC / 3,485 SF

Payment Calculator

$7,545 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,918

Property Taxes

$627

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 42 3rd Street

Summary
Location and General Information
  • City: Newport
  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts
  • Postal City: Newport
  • Postal Code: 02840
  • State Or Province: RI
  • Zoning: RES
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 4
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $7,529.00
  • Tax Assessed Value: 1080200
  • Tax Lot: 257
  • Tax Map Number: 12
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 1710.0
  • Below Grade Finished Area: 0.0
  • Building Area Total: 1710.0
  • Frontage Length: 35
  • Living Area: 1,710.00
  • Living Area Source: Other
  • Lot Size Acres: 0.08
  • Lot Size Area: 3485.0
  • Lot Size Square Feet: 3485.0
  • Lot Size Units: Square Feet
  • Parcel Number: 42THIRDSTNEWP
  • Stories: 2
  • Stories Total: 2
  • Property Sub Type Additional: Single Family Residence
Property and Assessments
  • Buyer Financing: Cash
  • New Construction Y N: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community Y N: No
  • Year Built: 1884
  • C L I P: 3,487,499,796
Utilities
  • Electric: Amps200Or More
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer, Humidifier
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 2
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Door Features: Storm Doors
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Heating: Forced Air, Gas, Zoned
  • Heating Y N: Yes
  • Interior Features: Attic, Bathtub, Cathedral Ceilings, High Ceilings, Interior Steps, Permanent Attic Stairs, Storage, Skylights, Stall Shower, Tub Shower, Vaulted Ceilings, Cable Tv
  • Levels: Two
  • Patio And Porch Features: Deck
  • Rooms Total: 6
  • Window Features: Skylights
Rental
Rental Information
  • Land Lease Y N: No

Property History for 42 3rd Street

DateEvent & SourcePriceAppreciation
Oct 10, 2025

Sold

Rhode Island Association of REALTORS® #1393729

$1,400,000
Oct 8, 2025

Sold (Public Record)

Public Record #1916580440

$1,400,000

+8.9% / yr

Sep 25, 2025

Contract Signed

Rhode Island Association of REALTORS® #1393729

Sep 8, 2025

Contract Out

Rhode Island Association of REALTORS® #1393729

Aug 28, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1393729

$1,400,000
May 28, 2013

Sold (Public Record)

Public Record #354996900

$488,000

+5.8% / yr

Aug 30, 1999

Sold (Public Record)

Public Record #170918099

$225,000

+3.4% / yr

Aug 28, 1999

Sold

Rhode Island Association of REALTORS® #905782

$225,000
Jun 12, 1999

Contract Signed

Rhode Island Association of REALTORS® #905782

Apr 9, 1999

Listed (Active)

Rhode Island Association of REALTORS® #905782

$225,000
Apr 24, 1990

Sold (Public Record)

Public Record #170913501

$165,000
DateEvent & SourcePrice
10/10/2025

Sold

Rhode Island Association of REALTORS® #1393729

$1,400,000
10/08/2025

Sold (Public Record)

Public Record #1916580440

$1,400,000

+8.9% / yr

09/25/2025

Contract Signed

Rhode Island Association of REALTORS® #1393729

09/08/2025

Contract Out

Rhode Island Association of REALTORS® #1393729

08/28/2025

Listed (Active)

Rhode Island Association of REALTORS® #1393729

$1,400,000
05/28/2013

Sold (Public Record)

Public Record #354996900

$488,000

+5.8% / yr

08/30/1999

Sold (Public Record)

Public Record #170918099

$225,000

+3.4% / yr

08/28/1999

Sold

Rhode Island Association of REALTORS® #905782

$225,000
06/12/1999

Contract Signed

Rhode Island Association of REALTORS® #905782

04/09/1999

Listed (Active)

Rhode Island Association of REALTORS® #905782

$225,000
04/24/1990

Sold (Public Record)

Public Record #170913501

$165,000

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

Public Records for 42 3rd Street

Taxable ValueLand$451,000Additions$629,200Total$1,080,200
Tax Record2025$7,756 ($646 / month)
Home Facts
Beds2Baths2.5Total Finished SqFt1,542 SqFtAbove Grade Finished SqFt1,542 SqFtStories2Lot Size3,350 SqFtStyleSingle Family ResidenceYear Built1884Year Renovated1992ZoningR10CountyNEWPORTAPNNEWP M:012 B:0257

Schools near 42 3rd Street

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Vanderbilt International Prop.

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.