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127 Spofford Ave, Warwick, RI, 02888

$499,000

Home List Price

$5,926*

Closing Credit

3 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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127 Spofford Ave, Warwick$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached, Garage
Year Built1930
HeatingOil, Steam
CoolingNone
BasementYes
FireplaceNone
MLS #1355097
Lot Size0.11 Acres
StatusActive

About 127 Spofford Ave

Step into this captivating 2-family property that offers a unique opportunity for both investors and future homeowners! With financing options including cash and conventional (NO FHA). The 1st floor, brimming with potential, boasts 2 spacious bedrooms flooded with natural light, presenting ample potential for personalization. On the other hand, the recently updated 2nd floor provides a cozy bedroom retreat. Prepare to be amazed by the star feature of this remarkable property - a spacious detached garage with additional living space on top, complete with a kitchen and full bathroom. Built in 2004 with a generous 840 sqft living area and boasting new roof on both buildings, this property shines as a true standout in the market. Don't miss out on this extraordinary opportunity! Whether you're seeking an investment with high returns or envisioning your dream home, this property offers a versatile canvas for your vision. Contact me today to explore and envision the possibilities it holds.

Property Details

Property Features

Property Information:

  • Year Built: 1930

Listing Office:

  • Office Name: RE/MAX Innovations
  • Office Phone: (401) 414-7414

Interior Features

Interior Information:

  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Paved Driveway

Parking Information:

  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Oil, Steam
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000

Tax Information:

  • Annual Amount: $6,717
  • Tax Year: 2020
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Housing Market Comparison

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

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Warwick, RI

City

Med. Sold Price

$380K

Med. Price/SqFt

$258

Avg. Days On Market

27

# of Sold Homes

78

127 Spofford Ave vs Warwick

38 DAYS ON ROCKET

+11 Days

$499,000

+$119K More

KEY TAKEAWAY

This property is $119K more than the Median Sold Price in Warwick, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1355097

Listing Office:

  • Office Name: RE/MAX Innovations
  • Office Phone: (401) 414-7414

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: 4/28/2024, 5:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,717$358,600
2019$6,717$358,600
2018$5,604$269,400
2017$5,453$269,400

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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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.

Nearby Schools

school-card-donut-1935040
7
/10

  • Holliman School

  • 70 Deborah Rd

  • 0.50 miles

  • Public District Grades KG-6

school-card-donut-1935041
6
/10

  • Norwood School

  • 266 Norwood Ave

  • 0.86 miles

  • Public District Grades KG-6

school-card-donut-1935042
5
/10

  • Francis School

  • 325 Miantonomo Dr

  • 0.93 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,810. Most Warwick, RI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Kent County›Warwick›02888›127 Spofford Ave

This home is located at 127 Spofford Ave in Warwick, RI and zip code 02888. This home, which was built in 1930, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $499,000.

Over 48 listings were sold over their listed price in March 2024 in Warwick, RI. In the same period over 21 listings were sold below the listed price and 9 listings were sold for the listed price. The inventory of homes for sale in Warwick, RI between February 2024 and March 2024 increased by 11.5%. In March 2024 median list price was $380,000 and the average listing age was 27 days.

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

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