StatusAccepting Backup Offers (Active Under Contract)
About 138 Prospect St
Property is under agreement; please reach out listing agent to submit backup offers. This beautiful quarter-acre corner lot is one of the last available open lots with the possibility of a new build in College Hill. Drenched with sunlight the parcel is currently maintained as a formal garden. Surrounded by a gorgeous brick wall with a curb cut on Jenkes, this is a very special lot and a remarkable opportunity to create your vision in Providence.
Property Details
Property Features
Listing Office:
Office Name: Domain Properties
Office Phone: (401) 331-7100
Lot Features
Lot Information:
Lot: Corner Lot, Level
Lot Size: 0.25 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $1,000,000
Tax Information:
Annual Amount: $5,853
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Providence, RI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,058
Per Month
Principal & Interest
$4,991
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,065
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Martin Luther King Elementary School
35 Camp St
Distance between this listing and this school0.29 miles
Public District Grades PK-5
6
/10
Times2 Elementary School
50 Fillmore St
Distance between this listing and this school0.89 miles
Public Charter Grades KG-6
2
/10
Harry Kizirian Elementary School
60 Camden Ave
Distance between this listing and this school1.07 miles
Public District Grades KG-5
Nearby Schools
3
/10
Nathan Bishop Middle School
101 Sessions St
Distance between this listing and this school0.83 miles
Public District Grades 6-8
2
/10
Urban Collaborative Program
75 Carpenter St
Distance between this listing and this school1.15 miles
Public District Grades 7-8
2
/10
Esek Hopkins Middle School
480 Charles St
Distance between this listing and this school1.26 miles
Public District Grades 6-8
Nearby Schools
2
/10
Hope High School
324 Hope St
Distance between this listing and this school0.23 miles
Public District Grades 9-12
6
/10
Village Green Virtual
135 Weybosset St
Distance between this listing and this school0.77 miles
Public Charter Grades 9-12
6
/10
Trinity Academy Performing Art
275 Westminster St
Distance between this listing and this school0.83 miles
The neighbors living near this home have an average income of $97,115. Typical income of Providence, RI residents is between $100k-200k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 138 Prospect St
What is the listing price of this property?
The listing price of 138 Prospect St property is $1,000,000.
What type of property is this?
The property 138 Prospect St is land located in Providence, Rhode Island, 02906.
Is this property for sale now?
Accepting Backup Offers: 138 Prospect St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $5,853 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 6, 1991 for $200,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 138 Prospect St in Providence, RI and zip code 02906 in the College Hill neighborhood. This home sits on a 0.25 acre lot. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $1,000,000.
In October 2024 more than 52 listings in Providence, RI were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 39 were sold below. The number of homes for sale in Providence, RI increased by 2.9% between September 2024 and October 2024. While the average time on the market in October 2024 was 31 days, the median list price was $484,800.
From Rocket Homes Real Estate and based on county public records data.