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54 Kay St

Newport, RI 02840

2 bd 2 ba 1,050 sqft Built 1886 townhomes
Most recent sale
$582,500
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 25, 2022 Sold $582,500 MLS #1298303
Nov 12, 2021 Listed $615,000 MLS #1298303
May 7, 2004 Sold $270,000 Public Record
Jan 8, 2003 Sold $225,000 Public Record
Oct 16, 2000 Sold $131,000 Public Record
Sep 15, 1995 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $553,100 $553,100 $4,806
2023 $360,800 $360,800 $3,579
2022 $360,800 $360,800 $3,467
2021 $360,800 $360,800 $3,366
2020 $352,700 $352,700 $3,626
2019 $352,700 $352,700 $3,626
2018 $352,700 $352,700 $3,523
2017 $245,000 $245,000 $2,746
2016 $245,000 $245,000 $2,678
2015 $245,000 $245,000 $2,614
2014 $251,700 $251,700 $3,036
2013 $251,700 $251,700 $2,947
2006 $273,200 $273,200 $2,191

Property facts

Year built
1886
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,050 sqft
Lot size
ZIP code
02840
City
Newport
Street
Kay St
Coordinates
41.49209, -71.30683

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,495
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 54 Kay St last sell?
54 Kay St most recently sold on Feb 25, 2022 for $582,500.
What is the current tax assessment for 54 Kay St?
The most recent total assessment for 54 Kay St (year 2025) is $553,100 with $4,806 in property tax.
How does 54 Kay St's assessment compare to its last sale price?
The current assessment is 5.0% below the last sale price of $582,500.
When was 54 Kay St built?
54 Kay St was built in 1886.
How does 54 Kay St compare to others on Kay St?
We track 8 other properties on Kay St. Browse the list under "Other properties on Kay St" to compare beds, baths, and sale history.
What are the property facts for 54 Kay St?
54 Kay St is a 2 bed, 2 bath, 1,050 sqft townhomes.
Is 54 Kay St a flip candidate?
No — 54 Kay St does not appear in our flips dataset.
Is 54 Kay St a tax-appeal candidate?
No — 54 Kay 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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