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381 Old River Rd Unit 4, Lincoln, RI, 02838

$225,000

Home List Price

$2,672*

Closing Credit

2 Bedrooms
1 Full Bath
780 SqFt
$288/SqFt
Condo

Location

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381 Old River Rd Unit 4, Lincoln$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNo Garage, Unassigned
Year Built1973
HeatingNatural Gas, Hot Water
CoolingSingle Unit
FireplaceNone
MLS #1375697
StatusActive

About 381 Old River Rd Unit 4

Why rent when you can buy this lovely move in ready 2nd floor condo with 2 bedrooms, large kitchen, living room w/private deck and a beautifully updated soaking tub in the remodeled shower. Small, quiet complex with all owner occupied units. Storage area and low priced coin-op laundry in lower level of building. This unit has updated flooring and interior paint. Great Lincoln location with easy access to Routes 146/295.

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Stories: 1
  • Living Area: 780 SqFt

Listing Office:

  • Office Name: Diamond Hill Appraisal
  • Office Phone: (401) 333-0926

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Basement: No
  • Flooring Type: Laminate, Vinyl
  • Interior: Tub Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: No Garage, Unassigned

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: Single Unit

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $288/SqFt

HOA Fees:

  • Amount: $270
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Lincoln, RI.

Med. Sold Price

$482.5K

Med. Price/SqFt

$267

Avg. Days On Market

21

# of Sold Homes

26

381 Old River Rd Unit 4 vs Lincoln

1 DAY ON ROCKET

-20 Days

$225,000

-$257.5K Less

$288/SqFt

+$20 More

KEY TAKEAWAY

This property is $257.5K less than the Median Sold Price and $20/SqFt more than other homes in Lincoln, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1375697

Listing Office:

  • Office Name: Diamond Hill Appraisal
  • Office Phone: (401) 333-0926

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/8/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,460

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-1426312
4
/10
  • Northern Lincoln Elementary School

  • 315 New River Rd

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-1426313
7
/10
  • John J. Mclaughlin Cumberland

  • 205 Manville Hill Rd

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-1426314
4
/10
  • Blackstone Valley Preparatory Element

  • 3357 Mendon Rd

  • 1.10 miles

  • Public Charter Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,479. Most Lincoln, RI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Lincoln, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Lincoln, RI?

The housing landscape in Lincoln is characterized by a blend of single-family homes and multi-family residences, with single-family homes being a significant portion of the market. Architectural styles in the area range from classic colonial to contemporary, reflecting the town's historical roots and modern growth. The majority of homes were constructed during the late 20th century, with a focus on family-friendly designs and amenities.

Is Lincoln, RI a good place to live?

Lincoln prides itself on its serene suburban atmosphere, offering residents a peaceful living environment with access to numerous parks and recreational areas. The community is celebrated for its annual events that foster a strong sense of togetherness, such as the Lincoln Arts Festival and the town's Fourth of July celebration, which highlight the local culture and arts scene.

Are things conveniently located in Lincoln, RI?

Residents of Lincoln benefit from a solid educational system, with several public schools serving the area, as well as access to healthcare facilities that provide a range of services from primary care to specialized treatments. The town also features a public library system that serves as a hub for learning and community engagement. Retail and dining options in Lincoln reflect the local culture, offering a mix of national chains and independent businesses that cater to a variety of tastes and preferences.

What does the transportation in Lincoln, RI look like?

Lincoln's transport infrastructure includes a network of roads and highways that connect residents to nearby cities and towns, facilitating easy commuting and travel. Public transportation options are available, providing connections to key areas within the town and to broader destinations. The community is also equipped with sidewalks and bike paths in certain areas, promoting walkability and cycling as alternative modes of transport.

Frequently Asked Questions About 381 Old River Rd Unit 4

What is the listing price of this property?

The listing price of 381 Old River Rd Unit 4 property is $225,000.

What type of property is this?

The property 381 Old River Rd Unit 4 is a condo located in Lincoln, Rhode Island, 02838.

Is this property for sale now?

Active Listing: 381 Old River Rd Unit 4 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 381 Old River Rd Unit 4 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 381 Old River Rd Unit 4 is 780 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 381 Old River Rd Unit 4 is 1973.

Rocket HomesRhode IslandProvidence CountyLincoln02838381 Old River Rd Unit 4

This home is located at 381 Old River Rd Unit 4 in Lincoln, RI and zip code 02838. This 780 square foot home was built in 1973. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 07, 2025 and is currently priced at $225,000.

In December 2024 more than 11 listings in Lincoln, RI were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 8 were sold below. Between November 2024 and December 2024, Lincoln, RI real estate market has seen decrease in the number of listings by 14.7%. While the average time on the market in December 2024 was 21 days, the median list price was $482,500.

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

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