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Warwick 02886
20 Metropolitan Dr
$290,000
● House - Off Market

20 Metropolitan Dr

Warwick, RI 02886
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,481 Ft²
$319,535
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

A classic Warwick ranch awaits you in this great Buttonwoods neighborhood. One level living at it's best this home has 3 beds and 1 bath along with a bonus room and a screen porch. You will have plenty of room to enjoy this wonderful property. Just a short walk from City Park and close to everything this home checks so many boxes for so many people.
Unit Size
1,481 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$215
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #73102641)

Price History

Date / Event Date Event Price
Jun 15, 2023 Sold
Premium
Sold
May 9, 2023 In contract -
In contract
Apr 25, 2023 Listed by Keller Williams South Watuppa $319,000
Listed by Keller Williams South Watuppa
Aug 28, 2019 Sold
Premium
Sold
Jul 24, 2019 No longer available -
No longer available
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,341
  • Gross Building Area: 3,213
  • Building Area: 1,341
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,341
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Warwick School District
  • School Tax School District: WARWICK PS
  • Census Tract: 021903

Zoning

  • Zoning: A7

Geography

  • Account Number: 142759
  • Parcel: WARW M:370 B:0132 L:0000
  • Block: 132
  • Municipality: WARWICK
  • Latitude: 41.6943
  • Longitude: -71.423

    Address

  • Full Address: 20 Metropolitan Dr
  • Address - House Number: 20
  • Address - Street Name: Metropolitan
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Warwick
  • Carrier Code: C026
  • 4-Digit Zip Code: 7920
  • Zip Code: 02886

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $423,000

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 73
  • Final Value: 354,438
  • High Value: 424,620
  • Low Value: 284,256

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,100
  • Assessed Land Value: $94,500
  • Assessed Improvements Value: $203,600

    Sales

  • Current Sale Contract Date: Jun 14, 2023
  • Current Sale Recording Date: Jun 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5902
  • Previous Sale Recording Date: Aug 28, 2019
  • Previous Sale Contract Date: Aug 28, 2019
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: 71
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 Warwick

Stats & Trends

Median Asking:

$462,450

Sale Price/ft²

$343

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1743 ft²

Average Home Age

141 years

Currently For Sale

3 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73102641

Frequently Asked Questions

When was property at 20 Metropolitan Drive built and last sold?
The property at 20 Metropolitan Drive was built in 1955 and last sold on Jun 14, 2023 for $290,000.
How much is this home worth?
The estimated value of the home located at 20 Metropolitan Drive is $329,101.
What are some comparable homes to 20 Metropolitan Drive?
There are currently no comparable homes to 20 Metropolitan Drive.
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