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Warwick 02886
251 Diamond Hill Road
$175,000
● House - Off Market

251 Diamond Hill Road

Warwick, RI 02886
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,752 Ft²
$312,392
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Move Right Into This Sprawling Three Bed Ranch in Desirable Cowesett! Features Many Updates including a brand new boiler, an updated kitchen with SS appliances, brick fireplace in the living room, large master, attached garage, new carpets, and professionally painted rooms! Great outdoor space- Spacious fenced in yard on corner lot. Easy show, Call Today!
Unit Size
1,752 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$100
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1949

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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 #71867277)

Price History

Date / Event Date Event Price
May 20, 2019 Sold
Premium
Sold
Dec 18, 2015 Sold
Premium
Sold
Jul 2, 2015 Listed by O Malley-Brady Realty, Inc. $176,000
Listed by O Malley-Brady Realty, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 7
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,368
  • Gross Building Area: 3,111
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 022201

Zoning

  • Zoning: A10

Geography

  • Account Number: 105500
  • Parcel: WARW M:237 B:0027 L:0000
  • Block: 27
  • Municipality: WARWICK
  • Latitude: 41.692
  • Longitude: -71.4716

    Address

  • Full Address: 251 Diamond Hill Rd
  • Address - House Number: 251
  • Address - Street Name: Diamond Hill
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Warwick
  • Carrier Code: C040
  • 4-Digit Zip Code: 6811
  • Zip Code: 02886

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $427,000

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 77
  • Final Value: 395,306
  • High Value: 464,502
  • Low Value: 326,109

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,900
  • Assessed Land Value: $106,100
  • Assessed Improvements Value: $194,800

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: May 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6423
  • Previous Sale Recording Date: Dec 18, 2015
  • Previous Sale Amount: $175,000
  • 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

54

Average Home Size

1551 ft²

Average Home Age

131 years

Currently For Sale

4 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# 71867277

Frequently Asked Questions

When was property at 251 Diamond Hill Road built and last sold?
The property at 251 Diamond Hill Road was built in 1949 and last sold on May 20, 2019 for $251,500.
How much is this home worth?
The estimated value of the home located at 251 Diamond Hill Road is $200,622.
What are some comparable homes to 251 Diamond Hill Road?
There are currently no comparable homes to 251 Diamond Hill Road.
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