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Warwick 02889
39 Damon Ave
$320,000
● House - Off Market

39 Damon Ave

Warwick, RI 02889
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,814 Ft²
$1,932
Est. Monthly

About This Property

39 Damon: Single-level ranch in Conimicut neighborhood with three beds & two baths on main level. Features open-concept living-dining area with hardwood floors, sliders to rear deck, and well-lit kitchen from skylights. All bedrooms have hardwood floors and ample closets; two full baths situated back to back. Includes partially finished lower level and two-car garage. Needs new roof and fireplace facade repairs – great for customization. Ideal for both investors and homeowners seeking value and potential.
Unit Size
1,814 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$179
Property Type
House
Property Taxes
$336
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: 4 months ago (MLSPIN #73174202)

Price History

Date / Event Date Event Price
Feb 21, 2024 Sold
Premium
Sold
Jan 13, 2024 In contract -
In contract
Dec 29, 2023 Price Decreased $325,000
↓ $15K (4.4%)
Price Decreased
Nov 28, 2023 Price Increased $339,900
↑ $15K (4.6%)
Price Increased
Oct 25, 2023 Listed by Westcott Properties $325,000
Listed by Westcott Properties
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • 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: 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: 516
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,298
  • Gross Building Area: 2,815
  • Building Area: 1,298
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,298
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • 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: 021501

Zoning

  • Zoning: A7

Geography

  • Account Number: 144472
  • Parcel: WARW M:332 B:0774 L:0000
  • Block: 774
  • Municipality: WARWICK
  • Latitude: 41.7171
  • Longitude: -71.3804

    Address

  • Full Address: 39 Damon Ave
  • Address - House Number: 39
  • Address - Street Name: Damon
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Warwick
  • Carrier Code: C006
  • 4-Digit Zip Code: 3320
  • Zip Code: 02889

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $403,300

    Appraisal Valuation

  • Standard Deviation: 0.082
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 93
  • Final Value: 319,098
  • High Value: 345,276
  • Low Value: 292,919

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $284,200
  • Assessed Land Value: $82,200
  • Assessed Improvements Value: $202,000

    Sales

  • Current Sale Contract Date: Feb 21, 2024
  • Current Sale Recording Date: Feb 21, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1609
  • Previous Sale Recording Date: Aug 11, 2023
  • Previous Sale Contract Date: Apr 21, 2023
  • Previous Sale Amount: $266,000
  • Previous Sale Document Type: 34
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73174202

Frequently Asked Questions

When was property at 39 Damon Avenue built and last sold?
The property at 39 Damon Avenue was built in 1955 and last sold on Feb 21, 2024 for $320,000.
How much is this home worth?
The estimated value of the home located at 39 Damon Avenue is $344,514.
What are some comparable homes to 39 Damon Avenue?
There are currently no comparable homes to 39 Damon Avenue.
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