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Washington
1656 Boston Neck Rd
$467,000
● House - Off Market

1656 Boston Neck Rd

North Kingstown, RI 02874
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,198 Ft²
$2,710
Est. Monthly

About This Property

Welcome to this versatile and spacious home featuring two kitchens, three bathrooms, and an in-law suite with its own private entrance. The upper floor boasts a bright and inviting layout, including a living room, dining area, updated kitchen, master bedroom with ensuite bath, an additional bedroom, and a guest bathroom. The lower floor features an in-law unit with flexible living space. It includes a kitchen with active laundry hookups, a spacious living room and Jack and Jill bedroom. Septic failed.  No disclosures provided on this property.  Septic inspection attached to MLS reflects this as a 3 bedroom.  Buyer/Buyer Agent to confirm all aspects to this property in MLS, no seller disclosures. Seller never occupied.
Unit Size
2,198 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$216
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1969

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (MLSPIN #73315677)

Price History

Date / Event Date Event Price
Mar 24, 2025 Sold
Premium
Sold
Feb 28, 2025 In contract -
In contract
Feb 6, 2025 Price Decreased $474,900
↓ $15K (3.1%)
Price Decreased
Jan 10, 2025 Price Increased $489,900
↑ $15K (3.2%)
Price Increased
Nov 26, 2024 Listed by Keller Williams South Watuppa $474,900
Listed by Keller Williams South Watuppa
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,080
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,249
  • Total Building Area: 1,766
  • Gross Building Area: 2,336
  • Building Area: 1,766
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,766
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000235
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Kingstown School District
  • School Tax School District: NO KINGSTOWN SD
  • Census Tract: 050402

Zoning

  • Zoning: VR

Geography

  • Account Number: 73946
  • Parcel: NKIN M:042 B:002
  • Block: 2
  • Municipality: NORTH KINGSTOWN
  • Latitude: 41.5298
  • Longitude: -71.4273

    Address

  • Full Address: 1656 Boston Neck Rd
  • Address - House Number: 1656
  • Address - Street Name: Boston Neck
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Saunderstown
  • Carrier Code: R006
  • 4-Digit Zip Code: 2738
  • Zip Code: 02874

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $453,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1903
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 461,982
  • High Value: 549,938
  • Low Value: 374,027

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,300
  • Assessed Land Value: $142,600
  • Assessed Improvements Value: $173,700

    Sales

  • Current Sale Recording Date: Aug 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Current Sale Input Document Number: 3918
  • Previous Sale Recording Date: May 14, 2015
  • Previous Sale Amount: $371,459
  • Previous Sale Document Type: 34
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Washington

Stats & Trends

Median Asking:

$1,193,500

Sale Price/ft²

$395

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2720 ft²

Average Home Age

36.7 years

Currently For Sale

7 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 73315677

Frequently Asked Questions

When was property at 1656 Boston Neck Road built and last sold?
The property at 1656 Boston Neck Road was built in 1969 and last sold on Jan 1, 1970 for $393,292.
How much is this home worth?
The estimated value of the home located at 1656 Boston Neck Road is $489,900.
What are some comparable homes to 1656 Boston Neck Road?
There are currently no comparable homes to 1656 Boston Neck Road.
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