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Warwick 02888
59 Black Creek Ln
Photo of 59 Black Creek Ln
Sold on Jul 23, 2025

42

Map

Photo of 59 Black Creek Ln
Photo of 59 Black Creek Ln
$518,000
● House - Off Market

59 Black Creek Ln

Warwick, RI 02888
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,784 Ft²
$2,955
Est. Monthly
3.41%
Cap Rate

About This Property

Highest & Best Due Friday June 6th by 12:00 PM. Adorable 2/3 Bedroom Cape in Desirable Govenor Francis Farm on a Spacious Corner Lot. White Vinyl Fencing Welcomes you to this Quaint Setting w/ Lovely Perennials & Flagstone Patio. The Enclosed Heated Porch has 2 Sliders & Boasts Lots of Natural Light. New Kitchen in 2015 w/ Quartz Countertops. Versatile 1st Floor Bedroom or Dining Room to suit your needs, With Ample Closet Space & 2 Updated  Baths, 1 on each level. The Fireplaced Living room Has Builtins, Hardwood Flooring & Overlooks the Rear Yard. Partially Finished Heated Lower Level Great For Rec Room or Office. Newer Roof, Vinyl Sided, Replacement Windows, Gas Heat & 1 Car Attached Garage Make this A Wonderful Place to Call Home.
Unit Size
1,784 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$285
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1948

Payment Calculator

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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 #73383672)

Price History

Date / Event Date Event Price
Jul 23, 2025 Sold
Premium
Sold
Jun 6, 2025 In contract -
In contract
Jun 2, 2025 Listed $509,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 612
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,484
  • Gross Building Area: 3,328
  • Building Area: 1,484
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,484
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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: 021300

Zoning

  • Zoning: A10

Geography

  • Account Number: 100161807
  • Parcel: WARW M:306 B:0145 L:0000
  • Block: 145
  • Municipality: WARWICK
  • Latitude: 41.7398
  • Longitude: -71.3966

    Address

  • Full Address: 59 Black Creek Ln
  • Address - House Number: 59
  • Address - Street Name: Black Creek
  • Address - Suffix Type: Ln
  • State: RI
  • City Name: Warwick
  • Carrier Code: C009
  • 4-Digit Zip Code: 5414
  • Zip Code: 02888

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $535,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 78
  • Final Value: 438,566
  • High Value: 512,401
  • Low Value: 364,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $377,500
  • Assessed Land Value: $122,300
  • Assessed Improvements Value: $255,200
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 Warwick

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$344

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1610 ft²

Average Home Age

76 years

Currently For Sale

1 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: 2 years ago
Data Source: MLS PIN, MLS# 73383672

Frequently Asked Questions

When was property at 59 Black Creek Lane built and last sold?
The property at 59 Black Creek Lane was built in 1948 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 59 Black Creek Lane is $0.
What are some comparable homes to 59 Black Creek Lane?
There are currently no comparable homes to 59 Black Creek Lane.
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