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Westerly 02891
50 Riverview Ave
Photo of 50 Riverview Ave
Sold on Sep 22, 2025

7

Map

Photo of 50 Riverview Ave
Photo of 50 Riverview Ave
$542,500
● House - Off Market

50 Riverview Ave

Westerly, RI 02891
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,144 Ft²
$2,965
Est. Monthly
4.01%
Cap Rate

About This Property

Location! Minutes to Misquamicut Beach and Watch Hill! Step inside this beautiful 3 beds, 1.5 baths ranch style home where modern design meets classic charm.  Complete remodel with a new AC system, new roof, interior designs, and a new garage door. The home includes a primary suite complete with its own bathroom. Gleaming hardwood floors and a custom fireplace with built in shelving and a stylish mantle.  The stunning eat-in kitchen boasts a spacious island, stainless steel appliances, bright new cabinets and luxurious countertops and floors. The main bathroom offers a spa like experience, featuring double sinks with matching mirrors, elegant designer tile, and a distinctive soaking tub that adds a touch of sophistication.  Some virtually staged photos. Schedule your showings today.
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$481
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1961

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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: 2 years ago (MLSPIN #73420799)

Price History

Date / Event Date Event Price
Sep 22, 2025 Sold
Premium
Sold
Sep 7, 2025 In contract -
In contract
Aug 21, 2025 Listed by Keller Williams Realty Leading Edge $549,999
Listed by Keller Williams Realty Leading Edge

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,307
  • Total Building Area: 1,144
  • Gross Building Area: 2,600
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000374
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westerly School District
  • School Tax School District: WESTERLY PS
  • Census Tract: 050802

Geography

  • Account Number: 2126300
  • Parcel: WEST M:97 B:105
  • Block: 105
  • Municipality: WESTERLY
  • Latitude: 41.3567
  • Longitude: -71.8217

    Address

  • Full Address: 50 Riverview Ave
  • Address - House Number: 50
  • Address - Street Name: Riverview
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Westerly
  • Carrier Code: C015
  • 4-Digit Zip Code: 3223
  • Zip Code: 02891

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $307,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2017
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 443,742
  • High Value: 533,277
  • Low Value: 354,207

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,600
  • Assessed Land Value: $153,400
  • Assessed Improvements Value: $149,200
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 Westerly

Stats & Trends

Median Asking:

$1,235,000

Sale Price/ft²

$559

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1166 ft²

Average Home Age

50.8 years

Currently For Sale

0 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

Unit for rent at 89 Stillman Avenue, Stonington, CT, 06379

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,012 ft²
89 Stillman Avenue, Stonington, CT, 06379 Listing by Michaela Lamb
Unit for rent at 22 Stillman Avenue, Stonington, CT, 06379

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 934 ft²
22 Stillman Avenue, Stonington, CT, 06379 Listing by Kimberly Pope Kettlety

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73420799

Frequently Asked Questions

When was property at 50 Riverview Avenue built and last sold?
The property at 50 Riverview Avenue was built in 1961 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 50 Riverview Avenue is $0.
What are some comparable homes to 50 Riverview Avenue?
There are currently no comparable homes to 50 Riverview Avenue.
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