61 Prospect Hill St
Newport, RI 02840
2 bd 2 ba 1,238 sqft Built 1906 condos
Most recent sale
$881,000
May 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 20, 2022 | Sold | $881,000 | MLS #1306485 |
| Apr 1, 2022 | Listed | $850,000 | MLS #1306485 |
| May 26, 2005 | Sold | $482,500 | Public Record |
| Dec 1, 2004 | Sold | $345,000 | Public Record |
| Jul 8, 1988 | Sold | $160,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $821,800 | — | $821,800 | $7,141 |
| 2023 | $329,200 | — | $329,200 | $3,266 |
| 2022 | $329,200 | — | $329,200 | $3,164 |
| 2021 | $329,200 | — | $329,200 | $3,071 |
| 2020 | $312,200 | — | $312,200 | $3,209 |
| 2019 | $312,200 | — | $312,200 | $3,209 |
| 2018 | $312,200 | — | $312,200 | $3,119 |
| 2017 | $312,200 | — | $312,200 | $3,500 |
| 2016 | $312,200 | — | $312,200 | $3,412 |
| 2015 | $312,200 | — | $312,200 | $3,331 |
| 2014 | $277,800 | — | $277,800 | $3,350 |
| 2013 | $277,800 | — | $277,800 | $3,253 |
| 2006 | $426,900 | — | $426,900 | $3,424 |
Property facts
Year built
1906
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,238 sqft
Lot size
—
ZIP code
02840
City
Newport
Street
Prospect Hill St
Coordinates
41.48502, -71.31243
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,286
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 61 Prospect Hill St last sell?
61 Prospect Hill St most recently sold on May 20, 2022 for $881,000.
What is the current tax assessment for 61 Prospect Hill St?
The most recent total assessment for 61 Prospect Hill St (year 2025) is $821,800 with $7,141 in property tax.
How does 61 Prospect Hill St's assessment compare to its last sale price?
The current assessment is 6.7% below the last sale price of $881,000.
When was 61 Prospect Hill St built?
61 Prospect Hill St was built in 1906.
How does 61 Prospect Hill St compare to others on Prospect Hill St?
We track 8 other properties on Prospect Hill St. Browse the list under "Other properties on Prospect Hill St" to compare beds, baths, and sale history.
What are the property facts for 61 Prospect Hill St?
61 Prospect Hill St is a 2 bed, 2 bath, 1,238 sqft condos.
Is 61 Prospect Hill St a flip candidate?
No — 61 Prospect Hill St does not appear in our flips dataset.
Is 61 Prospect Hill St a tax-appeal candidate?
No — 61 Prospect Hill St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.6%
Implied 1-yr
-14.4%
2026 Q3
$1.12M
2026 Q4
$1.07M
ZIP 02840 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prospect Hill St