283 Spring Street, #2, Newport, RI, 02840 | $2,550

Located just steps from Newport's iconic Thames Street, this beautifully updated 3-bedroom, 1-bath apartment offers the ideal blend of comfort, style, and unbeatable convenience. Enjoy a large private deck overlooking Newport's vibrant summer energy and three off-street parking spaces a true rarity in this location. Available as a yearly rental starting June 1, 2026 for $3, 500, a summer rental from June 1 August 30, 2026 for $6, 000/month, or a winter rental from September 1, 2026 May 30, 2027 for $2, 550/month, this fully furnished home features modern interiors and on-site laundry. A backyard patio provides the perfect retreat for relaxing or entertaining after a day exploring Newport's beaches, restaurants, shops, and waterfront attractions. Opportunities like this in the heart of Newport don't come often schedule your showing today! Also available: 2 Bed, 1 Bath - Available as a yearly rental starting June 1, 2026 for $2, 200, a summer rental from June 1 August 30, 2026 for $4, 000/month, or a winter rental from September 1, 2026 May 30, 2027 for $1, 800/month.

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 1 full
  • Laundry: Common Area
  • Style: Colonial
  • Heating: Baseboard,Gas
  • Cooling: None
  • Approx Sq. Feet: 1,450
  • Pets Allowed: Yes
  • Appliances: Dryer,Dishwasher,Microwave,Oven,Range,Refrigerator,Washer
  • Lease Term Type: Month To Month
  • MLS#: 1401153
  • Website: https://www.raveis.com
    /prop/1401153/283springstreet_newport_ri?source=qrflyer
Copyright © 2026  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Paramount Properties Group   Phone: 401-273-6100

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Brianna TurgeonVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2104486

860.625.5780

Brianna.Turgeon@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

283 Spring Street, #2, Newport, RI, 02840

$2,550

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brianna Turgeon

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.625.5780

Brianna.Turgeon@raveis.com

NMLS Mortgage Loan Originator ID 2104486

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $2,040 $2,040 $2,040
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 5.990% 5.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.322% 6.156% 5.415%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $12 $12 $16
Total Monthly Payment $87 $87 $91

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.