2 months on rocket

1 Ferreira Ct, West Warwick, RI, 02893

$949,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
6 Full Baths
5,152 SqFt
$184/SqFt
Multi

Location

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1 Ferreira Ct, West Warwick$949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street, Common
Year Built1989
BasementYes
MLS #73301193
Lot Size0.57 Acres
StatusActive

About 1 Ferreira Ct

Sat & Sun, Oct 12th &13th @ 1 PM - 3 PM. Don't miss out on this extremely rare opportunity to own a 6-Unit Multi that holds incredible potential for the right investor, developer, or buyer! These two separate properties, located on the same lot, consist of Two (2 Bdrm/1 Bath) and One (1 Bdrm/1 Bath) each, making it a total of 6 units. There is currently one very sizable storage area for each property, which can easily be converted into an additional unit, to renovate into 8 total units. Current rents are right under $100k, but all are well under market rate and possess tremendous upside. Plenty of desired parking, as 14 total spaces are available. Gain additional income through coin-op washing machines in each basement. Landlord pays for all utilities, excluding wifi/cable, so separating each utility lines would also be a viable option for the new owner. Time to put your creativity to use, as there are abundant ways to max out your potential earnings with this absolute gem.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Living Area: 5,152 SqFt

Listing Office:

  • Office Name: Premier Realty Group - Lexington
  • Office Phone: (617) 515-1162
  • Listing Agent: Won Ra

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Parking: Paved Drive, Off Street, Common

Lot Features

Lot Information:

  • Lot Size: 0.57 Acres

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000
  • Price Per SqFt: $184/SqFt

Tax Information:

  • Annual Amount: $16,892
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in West Warwick, RI.

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West Warwick, RI

City

Med. Sold Price

$390K

Med. Price/SqFt

$243

Avg. Days On Market

21

# of Sold Homes

31

1 Ferreira Ct vs West Warwick

68 DAYS ON ROCKET

+47 Days

$949,000

+$559K More

$184/SqFt

-$60 Less

KEY TAKEAWAY

This property is $559K more than the Median Sold Price and $60/SqFt less than other homes in West Warwick, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73301193

Listing Office:

  • Office Name: Premier Realty Group - Lexington
  • Office Phone: (617) 515-1162
  • Listing Agent: Won Ra

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 14, 2019Home Sold
$400,000

Tax History

YEARPROP. TAXASSESSMENT
2021$16,892$486,800
2020$16,892$486,800
2019$15,942$468,200
2018$14,179$361,700
2017$13,727$361,700

History based on county public records data.

Payment Calculator

$4,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4347120
7
/10

  • Tiogue School

  • 170 E Shore Dr

  • 1.46 miles

  • Public District Grades KG-5

school-card-donut-4347121
4
/10

  • John F. Horgan School

  • 124 Providence St

  • 1.63 miles

  • Public District Grades KG-4

school-card-donut-4347122
8
/10

  • Scott Elementary School

  • 833 Centerville Rd

  • 1.76 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,719. Typical income of West Warwick, RI residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Kent County›West Warwick›02893›1 Ferreira Ct

This home is located at 1 Ferreira Ct in West Warwick, RI and zip code 02893. This 5,152 square foot home, which was built in 1989, sits on a 0.57 acre lot. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $949,000.

West Warwick, RI housing market in November 2024 saw over 20 listings sold above listed price, more than 5 sold at listed price and over 6 sold below. In November 2024 in West Warwick, RI there were 15.2% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $390,000, while the average time on the real estate market was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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