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1 Cypress St

Newport, RI 02840

4 bd 5 ba 4,260 sqft Built 1926 Lot 3,361 sqft single_family
Most recent sale
$2,450,000
Nov 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 19, 2021 Sold $2,450,000 MLS #1293527
Mar 31, 2021 Price changed for rent $30,000 StateWide
Mar 24, 2021 Listed for rent $20,000 StateWide
Nov 25, 2020 Sold $1,650,000 MLS #1256029
Aug 14, 2018 Listing removed $2,000,000 StateWide
Mar 28, 2017 Listed $2,000,000 MLS #1153568
Apr 24, 1995 Sold $220,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,265,800 $1,264,900 $2,530,700 $18,170
2023 $782,300 $744,300 $1,526,600 $15,144
2022 $782,300 $744,300 $1,526,600 $14,671
2021 $782,300 $744,300 $1,526,600 $14,243
2020 $630,600 $870,100 $1,500,700 $15,427
2019 $630,600 $870,100 $1,500,700 $15,427
2018 $630,600 $870,100 $1,500,700 $14,992
2017 $529,800 $601,900 $1,131,700 $12,686
2016 $529,800 $601,900 $1,131,700 $12,369
2015 $529,800 $601,900 $1,131,700 $12,075
2014 $456,400 $460,300 $916,700 $11,055
2013 $456,400 $460,300 $916,700 $10,735
2006 $648,300 $672,900 $1,321,200 $10,596

Property facts

Year built
1926
Property type
single_family
Stories
4
Beds
4
Baths
5
Living area
4,260 sqft
Lot size
3,361 sqft
ZIP code
02840
City
Newport
Street
Cypress St
Coordinates
41.50020, -71.32170

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$14,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1 Cypress St last sell?
1 Cypress St most recently sold on Nov 19, 2021 for $2,450,000.
What is the current tax assessment for 1 Cypress St?
The most recent total assessment for 1 Cypress St (year 2025) is $2,530,700 with $18,170 in property tax.
How does 1 Cypress St's assessment compare to its last sale price?
The current assessment is 3.3% above the last sale price of $2,450,000.
When was 1 Cypress St built?
1 Cypress St was built in 1926.
How does 1 Cypress St compare to others on Cypress St?
We do not currently track other properties on Cypress St.
What are the property facts for 1 Cypress St?
1 Cypress St is a 4 bed, 5 bath, 4,260 sqft, 3,361 sqft lot single_family.
Is 1 Cypress St a flip candidate?
Yes — 1 Cypress St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1 Cypress St a tax-appeal candidate?
No — 1 Cypress St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.6%
Implied 1-yr
-14.4%
2026 Q3
$1.12M
2026 Q4
$1.07M
ZIP 02840 — Median Price History + Forecast

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