278 Newcomb Rd

North Kingstown, RI 02852

$411,775
Last Sold Price
6
Beds
2,688 Sq. Ft.
$153 / Sq. Ft.
2,688
Sq. Ft.
$153
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 11/30/21
Closed 11/30/21

Description

Money making investment in good neighborhood. Very strong rental history. Long term tenants. Near schools, shopping, bike path, public transportation, Allen Harbor, highway and employment opportunities at Quonset Industrial Park. Cash cow.Money making investment in good neighborhood. Very strong rental history. Long term tenants. Near schools, shopping, bike path, public transportation, Allen Harbor, highway and employment opportunities at Quonset Industrial Park. Cash cow.
  1. Listed by Leigh Besson • Brokerage DRE #REB.0014408 • Besson Realty Inc.
    P: (401)-742-7047 leigh@bessonappraisals.com

Amenities

  • Attic
  • Baseboard Heating
  • Carpet Floors
  • Driveway
  • Electric Oven
  • Golf Course Community
  • Gym
  • Hardwood Floors
LISTING CLOSED: 11/30/2021 12:00 AM

Property Details for 278 Newcomb Road

StatusClosed
MLS #1292273
Days on Market34
Taxes$4,492 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1965
Lot Size0.59 AC / 25,700 SF
CountyWashington County
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Location

Listing Courtesy of Besson Realty Inc.

Sold By Westcott Properties

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Building Information for 278 Newcomb Road

Stories2Residences4Year Built1965Building Size-Lot Size0.59 AC / 25,700 SF

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$2,467 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,093

Property Taxes

$374

HOA Dues

$0

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Property Information for 278 Newcomb Road

Summary
Location and General Information
  • City: North Kingstown
  • Community Features: Golf, Highway Access, Marina, Near Schools, Public Transportation, Recreation Area, Shopping
  • Postal City: North Kingstown
  • Postal Code: 02852
  • State Or Province: RI
  • Zoning: VR
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 6
Taxes and HOA Information
  • Tax Annual Amount: $4,492.00
  • Tax Assessed Value: 256700
  • Tax Lot: 10
  • Tax Year: 2020
Property
Lot Information
  • Above Grade Fin SQFT: 2688.0
  • Building Area Total: 2688.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.59
  • Lot Size Area: 25700.0
  • Lot Size Square Feet: 25700.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 278NEWCOMBRDNKNG
  • Stories Total: 2
Property and Assessments
  • Buyer Financing: Fha, Va
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1965
  • C L I P: 4,718,573,027
Utilities
  • Electric: Amps150
  • Sewer: Septic Tank
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Security Features: Security System Owned
Interior Features
  • Appliances: Common Water Heater, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Tankless Water Heater
  • Basement: None
  • Basement Y N: No
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 6
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood, Laminate, Carpet
  • Heating: Baseboard, Oil
  • Heating Y N: Yes
  • Interior Features: Attic, Tub Shower, Cable Tv
  • Rooms Total: 14
Multi Family
Income & Expenses Information
  • Operating Expense: $28,800.00
Unit 1 Information
  • Actual Rent: $1,000.00
  • Unit Type Area: 552.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $800.00
  • Unit Type Area: 552.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $925.00
  • Unit Type Area: 672.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,300.00
  • Unit Type Area: 672.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 278 Newcomb Road

DateEvent & SourcePriceAppreciation
Nov 30, 2021

Sold (Public Record)

Public Record #1477923710

$411,575

+9.0% / yr

Nov 30, 2021

Sold

Rhode Island Association of REALTORS® #1292273

$411,775—
Oct 12, 2021

Contract Signed

Rhode Island Association of REALTORS® #1292273

—
DateEvent & SourcePrice
11/30/2021

Sold (Public Record)

Public Record #1477923710

$411,575

+9.0% / yr

11/30/2021

Sold

Rhode Island Association of REALTORS® #1292273

$411,775
10/12/2021

Contract Signed

Rhode Island Association of REALTORS® #1292273

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 278 Newcomb Road

Taxable ValueLand$232,100Additions$302,300Total$534,400
Tax Record2025$5,900 ($492 / month)
Home Facts
Baths4Total Finished SqFt3,494 SqFtAbove Grade Finished SqFt2,150 SqFtFinished Basement SqFt1,344 SqFtUnfinished Basement SqFt1,344 SqFtStories1Lot Size25,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1965Year Renovated1965ZoningVRCountyWASHINGTONAPNNKIN M:144 B:010

Schools near 278 Newcomb Road

This home is within North Kingstown School District.
Rating
School
Type
Grades
Distance
Suzanne M. Henseler Quidnessett Elementary School
Public - K to 5
Davisville Middle School
Public - 6 to 8
North Kingstown Senior High School
Public - 9 to 12
Davisville Academy
Public - PK to 3
Rating
School
Distance
Suzanne M. Henseler Quidnessett Elementary School
PublicK to 5

Davisville Middle School
Public6 to 8

North Kingstown Senior High School
Public9 to 12

Davisville Academy
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Besson Realty Inc.

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.