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Warwick 02886
3539 W Shore Rd
$355,000
● House - Off Market

3539 W Shore Rd

Warwick, RI 02886
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,418 Ft²
$358,561
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

It's time to call this place Home!   Situated in a very convenient location is this 3 bedroom, 2 bathroom colonial with a one car detached garage.  Property is located on a corner lot in a good Warwick location.  Home is vinyl sided with vinyl windows.  Home has a nice layout, great yard and back deck for entertaining. The kitchen is large and relatively open with a nice bonus pantry. It has granite countertops and modern.  Full living room and dining room reminiscent of a double parlor setup with a wide opening between the two and lower grade craftsman style built-ins. *  For the first 20 days on market, home is only open to owner occupant buyers. *
Unit Size
1,418 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$254
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1900

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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: 4 months ago (MLSPIN #73128981)

Price History

Date / Event Date Event Price
Oct 10, 2023 Sold
Premium
Sold
Aug 30, 2023 In contract -
In contract
Jun 23, 2023 Listed by Keller Williams South Watuppa $359,900
Listed by Keller Williams South Watuppa
Jul 19, 2018 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 741
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,418
  • Gross Building Area: 2,411
  • Building Area: 1,418
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,418
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • 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: 021901

Zoning

  • Zoning: A7

Geography

  • Account Number: 83469
  • Parcel: WARW M:346 B:0550 L:0000
  • Block: 550
  • Municipality: WARWICK
  • Latitude: 41.6997
  • Longitude: -71.4483

    Address

  • Full Address: 3539 W Shore Rd
  • Address - House Number: 3539
  • Street Direction: W
  • Address - Street Name: Shore
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Warwick
  • Carrier Code: C035
  • 4-Digit Zip Code: 5027
  • Zip Code: 02886

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $419,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.082
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 93
  • Final Value: 353,999
  • High Value: 383,041
  • Low Value: 324,957

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,700
  • Assessed Land Value: $83,000
  • Assessed Improvements Value: $212,700

    Sales

  • Current Sale Contract Date: Oct 10, 2023
  • Current Sale Recording Date: Oct 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10667
  • Previous Sale Recording Date: Jul 19, 2018
  • Previous Sale Amount: $1,843
  • Previous Sale Document Type: 52
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:

$449,900

Sale Price/ft²

$344

Below Asking

0.01%

Average Days on Market

52

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: 4 months ago
Data Source: MLS PIN, MLS# 73128981

Frequently Asked Questions

When was property at 3539 West Shore Road built and last sold?
The property at 3539 West Shore Road was built in 1900 and last sold on Oct 10, 2023 for $355,000.
How much is this home worth?
The estimated value of the home located at 3539 West Shore Road is $371,230.
What are some comparable homes to 3539 West Shore Road?
There are currently no comparable homes to 3539 West Shore Road.
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