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Kent 02893
28 Downing
Photo of 28 Downing
Sold on Jun 9, 2025

37

Map

Photo of 28 Downing
Photo of 28 Downing
$533,500
● House - Off Market

28 Downing

West Warwick, RI 02893
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,725 Ft²
$3,031
Est. Monthly
3.66%
Cap Rate

About This Property

This stunning 3-bedroom, 2.5-bath ranch sits at the end of a quiet cul-de-sac, offering privacy and modern comfort. The open floor plan is perfect for entertaining, featuring a beautiful kitchen with granite countertops, stainless steel appliances, and ample cabinet space. Enjoy a cozy fireplace, gas heat, and central AC for year-round comfort.Recent updates include a new roof (2024), a new slider, and a bay window, enhancing both style and energy efficiency. The finished basement provides extra living space, ideal for a family room or home office. Step outside to a spacious deck overlooking the backyard. A 2-car garage and EV charger add convenience. Located close to shopping, dining, and highway access.
Unit Size
1,725 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$290
Property Type
House
Property Taxes
$576
HOA Dues
-
Year Built
1978

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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: 2 years ago (MLSPIN #73353009)

Price History

Date / Event Date Event Price
Jun 9, 2025 Sold
Premium
Sold
Apr 9, 2025 In contract -
In contract
Apr 1, 2025 Listed $499,900
Listed
Oct 6, 2021 No longer available -
No longer available
May 21, 2021 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 3,023
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,941
  • Total Building Area: 1,721
  • Gross Building Area: 5,597
  • Building Area: 1,721
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,721
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000343
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: West Warwick School District
  • School Tax School District: WEST WARWICK PS
  • Census Tract: 020300

Zoning

  • Zoning: R-10

Geography

  • Account Number: 13-0953-42
  • Parcel: WWAR 004-0487-0-000
  • Municipality: WEST WARWICK
  • Latitude: 41.7134
  • Longitude: -71.5322

    Address

  • Full Address: 28 Downing Dr
  • Address - House Number: 28
  • Address - Street Name: Downing
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: West Warwick
  • Carrier Code: C014
  • 4-Digit Zip Code: 4511
  • Zip Code: 02893

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $677,500

    Appraisal Valuation

  • Standard Deviation: 0.18
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 464,487
  • High Value: 548,124
  • Low Value: 380,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $369,800
  • Assessed Land Value: $65,600
  • Assessed Improvements Value: $304,200

    Sales

  • Current Sale Contract Date: May 20, 2021
  • Current Sale Recording Date: May 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2486-3305
  • Previous Sale Recording Date: Sep 05, 2017
  • Previous Sale Amount: $317,000
  • 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 Kent

Stats & Trends

Median Asking:

$559,000

Sale Price/ft²

$305

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1934 ft²

Average Home Age

85.6 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73353009

Frequently Asked Questions

When was property at 28 Downing Drive built and last sold?
The property at 28 Downing Drive was built in 1978 and last sold on May 20, 2021 for $385,000.
How much is this home worth?
The estimated value of the home located at 28 Downing Drive is $0.
What are some comparable homes to 28 Downing Drive?
There are currently no comparable homes to 28 Downing Drive.
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