40 Mill Cove Rd

2,782 Sq. Ft.
$230 / Sq. Ft.
2,782
Sq. Ft.
$230
per Sq. Ft.

Description

Location, location, location! Seize this rare chance to own a stunning two-family property in the charming Riverview community of Warwick. Nestled on a quiet dead-end street and just one house away from the beach, you'll relish morning strolls, beachside picnics, and breathtaking views every day! This meticulously maintained property sits on nearly 12,000 sqft of land and includes two distinct structures. The main house boasts water views, 2 bedrooms, 1 bath, and a remarkable cathedral-ceiling sunroom....Location, location, location! Seize this rare chance to own a stunning two-family property in the charming Riverview community of Warwick. Nestled on a quiet dead-end street and just one house away from the beach, you'll relish morning strolls, beachside picnics, and breathtaking views every day! This meticulously maintained property sits on nearly 12,000 sqft of land and includes two distinct structures. The main house boasts water views, 2 bedrooms, 1 bath, and a remarkable cathedral-ceiling sunroom. Additionally, a separate three-car garage features a 2-bedroom, 1-bath apartment above. With its unique layout and tremendous potential, this property represents a fantastic investment opportunity or year-round home with a separate guest suite. Complete with individual laundry facilities, ample parking and move-in readiness, it's a must-see! Open Houses Saturday and Sunday from 11-12:30!

Property Details for 40 Mill Cove Road

Subdivision Name
Riverview Neighborhood
Waterfront Features
Beach Access, Water Access, Walk To Water
View
Saltwater, Water
LISTING UPDATED: 01/10/2025 06:50 PM

Property Details for 40 Mill Cove Road

StatusClosed
MLS #1367888
Days on Market7
Taxes$6,878 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1940
Lot Size0.27 AC / 11,761 SF
CountyKent County

Location

Listing Courtesy of Gibson Sotheby's Int'l Realty

Sold By Mott & Chace Sotheby's Intl.

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Building Information for 40 Mill Cove Road

Stories1Residences2Year Built1940Building Size-Lot Size0.27 AC / 11,761 SF

Payment Calculator

$3,692 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,119

Property Taxes

$573

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 40 Mill Cove Road

Summary
Location and General Information
  • City: Warwick
  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping
  • Postal City: Warwick
  • Postal Code: 02889
  • State Or Province: RI
  • View Y N: Yes
  • Zoning: RES
  • Human Modified Y N: Yes
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 3
  • Garage Spaces: 3
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 11
Taxes and HOA Information
  • Tax Annual Amount: $6,878.00
  • Tax Assessed Value: 484700
  • Tax Lot: 224
  • Tax Map Number: 335
  • Tax Year: 2023
Property
Lot Information
  • Above Grade Fin SQFT: 2782.0
  • Building Area Total: 2782.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.27
  • Lot Size Area: 11761.0
  • Lot Size Square Feet: 11761.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 4044MILLCOVERDWARW
  • Stories Total: 1
Property and Assessments
  • Business Type: Other
  • Buyer Financing: Cash
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1940
  • C L I P: 6,280,575,334
Utilities
  • Electric: Amps200Or More
  • Sewer: Other, Private Sewer, Septic Tank
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Interior Entry, Partial, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Cooling: One Unit
  • Cooling Y N: Yes
  • Fireplaces Total: 1
  • Fireplace Y N: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Heating: Gas, Hot Water, Other, Radiant
  • Heating Y N: Yes
  • Interior Features: Bathtub, Cathedral Ceilings
  • Laundry Features: In Unit
  • Rooms Total: 8
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $.00
  • Description: Apartment over garage
  • Occupant Type: Vacant
  • Unit Type Area: 1000.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $.00
  • Description: Main House
  • Occupant Type: Owner
  • Unit Type Area: 1500.0
  • 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 40 Mill Cove Road

DateEvent & SourcePriceAppreciation
Jan 8, 2025

Sold (Public Record)

Public Record #1548981936

$640,000

+4.6% / yr

Jan 8, 2025

Sold

Rhode Island Association of REALTORS® #1367888

$640,000
Sep 11, 2024

Permanently Off Market

Rhode Island Association of REALTORS® #1367897

Sep 11, 2024

Contract Signed

Rhode Island Association of REALTORS® #1367888

Sep 4, 2024

Listed (Active)

Rhode Island Association of REALTORS® #1367897

$599,000
Sep 4, 2024

Listed (Active)

Rhode Island Association of REALTORS® #1367888

$599,000
May 8, 2009

Sold (Public Record)

Public Record #269370239

$316,000

+0.7% / yr

Jul 22, 2004

Sold (Public Record)

Public Record #170845328

$305,000

+9.4% / yr

Jul 21, 2004

Sold

Rhode Island Association of REALTORS® #436179

$305,000
Jun 24, 2004

Contract Signed

Rhode Island Association of REALTORS® #436179

Apr 14, 2004

Permanently Off Market

Rhode Island Association of REALTORS® #434986

Apr 14, 2004

Listed (Active)

Rhode Island Association of REALTORS® #436179

$349,000
Mar 29, 2004

Listed (Active)

Rhode Island Association of REALTORS® #434986

$419,900
Mar 17, 1994

Sold (Public Record)

Public Record #170783513

$120,000

-3.0% / yr

Nov 20, 1992

Sold (Public Record)

Public Record #170786624

$125,000
DateEvent & SourcePrice
01/08/2025

Sold (Public Record)

Public Record #1548981936

$640,000

+4.6% / yr

01/08/2025

Sold

Rhode Island Association of REALTORS® #1367888

$640,000
09/11/2024

Permanently Off Market

Rhode Island Association of REALTORS® #1367897

09/11/2024

Contract Signed

Rhode Island Association of REALTORS® #1367888

09/04/2024

Listed (Active)

Rhode Island Association of REALTORS® #1367897

$599,000
09/04/2024

Listed (Active)

Rhode Island Association of REALTORS® #1367888

$599,000
05/08/2009

Sold (Public Record)

Public Record #269370239

$316,000

+0.7% / yr

07/22/2004

Sold (Public Record)

Public Record #170845328

$305,000

+9.4% / yr

07/21/2004

Sold

Rhode Island Association of REALTORS® #436179

$305,000
06/24/2004

Contract Signed

Rhode Island Association of REALTORS® #436179

04/14/2004

Permanently Off Market

Rhode Island Association of REALTORS® #434986

04/14/2004

Listed (Active)

Rhode Island Association of REALTORS® #436179

$349,000
03/29/2004

Listed (Active)

Rhode Island Association of REALTORS® #434986

$419,900
03/17/1994

Sold (Public Record)

Public Record #170783513

$120,000

-3.0% / yr

11/20/1992

Sold (Public Record)

Public Record #170786624

$125,000

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

Public Records for 40 Mill Cove Road

Taxable ValueLand$202,100Additions$359,200Total$561,300
Tax Record2025$7,129 ($594 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,352 SqFtAbove Grade Finished SqFt1,352 SqFtStories1Lot Size11,850 SqFtStyleSingle Family ResidenceYear Built1930ZoningA7CountyKENTAPNWARW M:335 B:0224 L:0000Fireplace TypeHas Fireplace

Schools near 40 Mill Cove Road

This home is within Warwick School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Warwick Neck School
PublicK to 5

Warwick Veterans Jr. High School
Public6 to 8

Pilgrim High School
Public9 to 12

Sherman School
PublicK to 5

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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Gibson Sotheby's Int'l Realty

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.