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Warwick 02889
323 Cove Ave
$339,900
● House - Off Market

323 Cove Ave

Warwick, RI 02889
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,722 Ft²
$471,288
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Well cared for  home in the heart of Buttonwoods!! Come and take a look at this amazing 4 bedroom 2 full bath with private master suite which offers a sitting room with wood stove, office, and bath. The home offers 1722 square feet of living space with an additional 744 sqft finished basement rec room and laundry room with walk in closet for a total of 2466 sqft of living space. Enjoy the summer months outside onto the spacious deck with an amazing above ground pool. If the pool doesn't cool you off, step inside and enjoy the wonderful central air. Many updates have been done throughout in the past few months. Central air, updated baths, and granite counter tops. Walking distance to City Park, private beach, bike path and hiking trails. There is nothing left for you to do but call this House your Home!
Unit Size
1,722 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$197
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1960

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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: 4 months ago (MLSPIN #72657403)

Price History

Date / Event Date Event Price
Jul 21, 2020 Sold
Premium
Sold
May 16, 2020 Listed by Amaral & Associates RE $339,900
Listed by Amaral & Associates RE
Jan 28, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Basement Area: 240
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,722
  • Gross Building Area: 3,506
  • Building Area: 1,722
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,722
  • 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: 121213
  • Parcel: WARW M:362 B:0478 L:0000
  • Block: 478
  • Municipality: WARWICK
  • Latitude: 41.7008
  • Longitude: -71.4206

    Address

  • Full Address: 323 Cove Ave
  • Address - House Number: 323
  • Address - Street Name: Cove
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Warwick
  • Carrier Code: C025
  • 4-Digit Zip Code: 8610
  • Zip Code: 02889

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $540,800

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 76
  • Final Value: 429,521
  • High Value: 507,416
  • Low Value: 351,626

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $381,100
  • Assessed Land Value: $94,300
  • Assessed Improvements Value: $286,800

    Sales

  • Current Sale Contract Date: Jul 14, 2020
  • Current Sale Recording Date: Jul 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10079
  • Previous Sale Recording Date: Jan 28, 1994
  • Previous Sale Amount: $113,000
  • 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

$347

Below Asking

0.01%

Average Days on Market

50

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72657403

Frequently Asked Questions

When was property at 323 Cove Avenue built and last sold?
The property at 323 Cove Avenue was built in 1960 and last sold on Jul 14, 2020 for $339,900.
How much is this home worth?
The estimated value of the home located at 323 Cove Avenue is $343,436.
What are some comparable homes to 323 Cove Avenue?
There are currently no comparable homes to 323 Cove Avenue.
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