Updated Oct 16, 2025
320 Harrison Avenue Sold For $12.145M In Newport With Lee Holloway As The Broker
320 Harrison Avenue
$12,145,000
$7,212/SF
Building Size
1,684 SF
Asset Type
Single Family
Closing
Oct 10, 2025
About this deal
AI
A single-family property located at 320 Harrison Avenue in Newport, RI has been sold for $12,145,000. The property encompasses a total area of 1,684 square feet, translating to a price per square foot of $7,212.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,145,000
- Address: 320 Harrison Avenue
- Market: Newport, RI
- Square Footage: 1,684
- Price per Square Foot: $7,212
The transaction was brokered by Lee Holloway of Residential Properties, marking one of Rhode Island’s top three residential transactions for the year. This deal highlights the expanding presence of Residential Properties Ltd. in the high-end coastal real estate market of Newport County.
Players
Newport Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.31%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93