23 days on rocket

Backup Offers

40 Farnum Pike Unit 2, Smithfield, RI, 02917

$403,944

Home List Price

$4,797*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,600 SqFt
$252/SqFt
Condo

Location

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40 Farnum Pike Unit 2, Smithfield$403,944

Buyer Closing Credits

$4,797*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Built In, Garage Door Opener
Attached GarageYes
Year BuiltNew Const., 2024
HeatingElectric, Forced Air, Heat Pump
CoolingHeat Pump, Central Air
FireplaceNone
MLS #1368499
Lot Size0.46 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 40 Farnum Pike Unit 2

Welcome home to Riverbend Condominiums, a 4-unit development in desirable Smithfield. This thoughtfully designed 3-bed end-unit tri level includes an abundance of natural light, granite kitchen, tiled bathrooms, hardwoods in all main areas, carpeted bedrooms, and stainless appliance package. Laundry room is conveniently situated on upper-level near bedrooms. Low condo fees, quality construction, and high efficiency heating & cooling system makes Riverbend a very cost-effective place to live. Conveniently located to highways, shopping, schools, and all amenities. A great alternative to a single family home! Most pets allowed. 60-90 day occupancy. This is a Middle Income deed-restricted unit. Must be owner-occupied, and annual household income must be $134,880 or less to qualify. Act now.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 3
  • Living Area: 1,600 SqFt

Listing Office:

  • Office Name: Horizon Realty, LLC
  • Office Phone: (401) 524-8300

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Water Heater
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior: Bathtub, Stall Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Assigned, Built In, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Heat Pump, Central Air

School Info

Assigned Schools Information:

  • Smithfield High School, Public District Grades 9-12
  • Vincent J. Gallagher Middle School, Public District Grades 6-8
  • Old County Road School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $403,944
  • Price Per SqFt: $252/SqFt

HOA Fees:

  • Amount: $120
  • Frequency: Monthly
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Housing Market Comparison

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

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Smithfield, RI

City

Med. Sold Price

$465K

Med. Price/SqFt

$272

Avg. Days On Market

22

# of Sold Homes

12

40 Farnum Pike Unit 2 vs Smithfield

23 DAYS ON ROCKET

+1 Day

$403,944

-$61K Less

$252/SqFt

-$21 Less

KEY TAKEAWAY

This property is $61K less than the Median Sold Price and $21/SqFt less than other homes in Smithfield, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1368499

Listing Office:

  • Office Name: Horizon Realty, LLC
  • Office Phone: (401) 524-8300

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 © 2024 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: 10/5/2024, 8:20:48 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

$2,204

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,278

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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.

Elementary School

school-card-donut-515436
3
/10

  • Old County Road School

  • 200 Old County Rd

  • 0.27 miles

  • Public District Grades KG-5

Middle School

school-card-donut-515437
6
/10

  • Vincent J. Gallagher Middle School

  • 10 Indian Run Trl

  • 1.83 miles

  • Public District Grades 6-8

High School

school-card-donut-515438
7
/10

  • Smithfield High School

  • 90 Pleasant View Ave

  • 1.91 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,177. The majority of Smithfield, RI residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Smithfield, 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.

Types of housing in Smithfield, RI.

Smithfield's housing market showcases a blend of residential options, with single-family homes being a significant presence. The architectural styles in the area range from colonial to contemporary, reflecting the town's historical roots and modern growth. While the majority of homes are owner-occupied, there is also a selection of rental properties available for those looking to reside in the area.

What is it like to live in Smithfield, RI?

Smithfield is celebrated for its small-town charm and community-oriented atmosphere. The town prides itself on its local events and festivals that bring residents together, highlighting the area's rich history and tight-knit community. With a mix of rural areas and more developed neighborhoods, Smithfield offers a serene living environment that appeals to families and individuals alike.

Is it easy to get around Smithfield, RI without a car?

The community is served by a number of public schools, ensuring educational opportunities for children of all ages. Healthcare needs are met by local clinics and nearby hospitals, providing a range of medical services. Smithfield also features a public library, contributing to the town's educational resources. Retail and dining options are available, with local businesses reflecting the character of the community.

Transportation in Smithfield, RI.

Transportation in Smithfield includes a network of roads that connect residents to nearby cities and amenities. Public transit options are available, offering a means of travel for those without private vehicles. The town also supports ride-sharing services, enhancing mobility for residents. Certain areas of Smithfield are known for their walkability, particularly around local shops and parks, while other parts are more car-dependent.

Frequently Asked Questions About 40 Farnum Pike Unit 2

What is the listing price of this property?

The listing price of 40 Farnum Pike Unit 2 property is $403,944.

What type of property is this?

The property 40 Farnum Pike Unit 2 is a condo located in Smithfield, Rhode Island, 02917.

Is this property for sale now?

Accepting Backup Offers: 40 Farnum Pike Unit 2 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 40 Farnum Pike Unit 2 are:
Old County Road School: GreatSchools Rating 3/10
Vincent J. Gallagher Middle School: GreatSchools Rating 6/10
Smithfield High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 40 Farnum Pike Unit 2 has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 40 Farnum Pike Unit 2 is 1,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Farnum Pike Unit 2 is 2024.

Rocket Homes›Rhode Island›Providence County›Smithfield›02917›40 Farnum Pike Unit 2

This home is located at 40 Farnum Pike Unit 2 in Smithfield, RI and zip code 02917. This 1,600 square foot home, which was built in 2024, sits on a 0.46 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $403,944.

In September 2024 more than 5 listings in Smithfield, RI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 4 were sold below. Between August 2024 and September 2024, Smithfield, RI real estate market has seen decrease in the number of listings by 5.6%. Listings spent 22 days on the market in September 2024, and had a median list price of $465,000 during the same period.

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

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