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Warwick 02889
540 Tidewater Dr
$209,900
● House - Off Market

540 Tidewater Dr

Warwick, RI 02889
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,122 Ft²
$291,036
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Welcome Home! This well loved home on a quiet dead end street is sure to delight.  The first floor open layout features a large living room,wired for surround sound,  with sliders leading out to a spacious deck.  Efficient, applianced kitchen with a dining area flows into the living room making this home perfect for entertaining. The second floor loft features the master bedroom with full bath and a second bedroom.  You will enjoy sitting on your deck with friends and family or just relishing the privacy the back yard has to offer.  This house is fully insulated and has a Navient high efficeincy on demand heat and hot water system. A short walk to the bay, this home is great for year round use or a summer getaway.
Unit Size
1,122 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$187
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1925

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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: 5 months ago (MLSPIN #72659049)

Price History

Date / Event Date Event Price
Jul 27, 2020 Sold
Premium
Sold
May 19, 2020 Listed by HomeSmart Professionals Real Estate $209,900
Listed by HomeSmart Professionals Real Estate
Nov 29, 2006 Sold
Premium
Sold
Aug 14, 2006 Listed by HomeSmart Professionals Real Estate $210,000
Listed by HomeSmart Professionals Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 1,038
  • Gross Building Area: 1,617
  • Building Area: 1,038
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,038
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000070
  • 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: 021502

Zoning

  • Zoning: A7

Geography

  • Account Number: 121265
  • Parcel: WARW M:356 B:0348 L:0000
  • Block: 348
  • Municipality: WARWICK
  • Latitude: 41.7011
  • Longitude: -71.3689

    Address

  • Full Address: 540 Tidewater Dr
  • Address - House Number: 540
  • Address - Street Name: Tidewater
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Warwick
  • Carrier Code: C010
  • 4-Digit Zip Code: 5417
  • Zip Code: 02889

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $295,400

    Appraisal Valuation

  • Standard Deviation: 0.1996
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 73
  • Final Value: 290,564
  • High Value: 348,579
  • Low Value: 232,549

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,200
  • Assessed Land Value: $77,000
  • Assessed Improvements Value: $131,200

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10403
  • Previous Sale Recording Date: Nov 29, 2006
  • Previous Sale Amount: $196,500
  • Previous Sale Document Type: 27
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

$342

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1743 ft²

Average Home Age

141 years

Currently For Sale

3 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: 5 months ago
Data Source: MLS PIN, MLS# 72659049

Frequently Asked Questions

When was property at 540 Tidewater Drive built and last sold?
The property at 540 Tidewater Drive was built in 1925 and last sold on Jul 24, 2020 for $209,900.
How much is this home worth?
The estimated value of the home located at 540 Tidewater Drive is $226,711.
What are some comparable homes to 540 Tidewater Drive?
There are currently no comparable homes to 540 Tidewater Drive.
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