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Westerly 02891
18 Sherwood Dr
Photo of 18 Sherwood Dr

18

Map

Photo of 18 Sherwood Dr
Photo of 18 Sherwood Dr
$721,000
● House - In Contract

18 Sherwood Dr

Westerly, RI 02891
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,547 Ft²
$3,901
Est. Monthly

About This Property

18 Sherwood Dr, Westerly RI 02891 is a home built in 1968 with 1,547 square feet. The kitchen features quartz countertops and stainless steel appliances, creating a well-equipped space for cooking and entertaining. A fireplace anchors the main living area, adding warmth and ambiance to the central gathering space. A dedicated laundry room adds interior utility. The primary bathroom includes double sinks for everyday convenience. An attached garage completes this well-maintained residence with practical amenities and comfortable living spaces throughout every room. Included 100-Day Home Warranty with buyer activation
Unit Size
1,547 Ft²
Days on Market
-
Land Size
0.87 acres
Price per sqft
$466
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1968

Listed By

Daniel Beirne
[email protected]
OPENDOOR BROKERAGE LLC

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 16 days ago (MLSPIN #73572525)

Price History

Date / Event Date Event Price
Sep 16, 2026 In contract -
In contract
Sep 7, 2026 Listed by OpenDoor Brokerage LLC $721,000
Listed by OpenDoor Brokerage LLC
Jun 2, 2021 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave
Rooms: 9
Has Fireplace
Fireplaces: 1
Exterior Details
Square Footage: 1547
Architectural Style: See Remarks
Year Built Source: Public Records
Year Built: 1968
Waterfront Features: Waterfront
Building Area Total: 1547
Building Area Units: Square Feet
Lot Features: Level
Lot Size Area: 0.87
Lot Size Units: Acres
Lot Size Acres: 0.87
Lot Size Square Feet: 37860
Water Source: Public
Financial Details
Tax Assessed Value: $608,300
Tax Annual Amount: $4,325
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard, Oil
Sewer : Private Sewer

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,860
  • Total Building Area: 1,547
  • Gross Building Area: 3,970
  • Building Area: 1,547
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,547
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000869
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westerly School District
  • School Tax School District: WESTERLY PS
  • Census Tract: 050902

Geography

  • Account Number: 19168700
  • Parcel: WEST M:120 B:2
  • Block: 2
  • Municipality: WESTERLY
  • Latitude: 41.349
  • Longitude: -71.7915

    Address

  • Full Address: 18 Sherwood Dr
  • Address - House Number: 18
  • Address - Street Name: Sherwood
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Westerly
  • Carrier Code: C016
  • 4-Digit Zip Code: 3702
  • Zip Code: 02891

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $462,800

    Appraisal Valuation

  • Standard Deviation: 0.2589
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 63
  • Final Value: 602,143
  • High Value: 758,071
  • Low Value: 446,215

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,100
  • Assessed Land Value: $176,400
  • Assessed Improvements Value: $304,700

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-3291
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 Westerly

Stats & Trends

Median Asking:

$1,197,000

Sale Price/ft²

$512

Above Asking

0.00%

Average Days on Market

61

Average Home Size

926 ft²

Average Home Age

61.7 years

Currently For Sale

0 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 16 days ago
Data Source: MLS PIN, MLS# 73572525

Frequently Asked Questions

When was property at 18 Sherwood Drive built and last sold?
The property at 18 Sherwood Drive was built in 1968 and last sold on Jun 2, 2021 for $520,000.
How much is this home worth?
The estimated value of the home located at 18 Sherwood Drive is $728,210.
What are some comparable homes to 18 Sherwood Drive?
There are currently no comparable homes to 18 Sherwood Drive.
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