StatusAccepting Backup Offers (Active Under Contract)
About 74 Balcom Ave
Contractors Wanted!! Warwick Neck--Great Location!! This property Is on the corner Of Balcom Ave & Rocky Point Av. This property is 1.22 Acres surrounded by original stone wall, Property Is walking distance to Warwick Country Club, Harbour Lights, Marina's, Rocky Point walking path. The property is gutted & ready for a complete rehab to your specs.....let this be your Dream Home!! Will build to suit for a homeowner. The building plans depict an additional 700' which will then offer 3 beds, 3 baths surrounded by 2650' all on one floor.
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1950
Stories: 1
Living Area: 2,650 SqFt
Listing Office:
Office Name: Century 21 Shoreline
Office Phone: (401) 269-6169
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Other
Interior: Bathtub, Tub Shower
Fireplace: Masonry
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
View: Water
Exterior: Paved Driveway
Parking Information:
Attached Garage: Yes
Parking: Attached, Garage
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 1.22 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $469,000
Price Per SqFt: $177/SqFt
Tax Information:
Annual Amount: $6,685
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Warwick, RI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,408
Per Month
Principal & Interest
$2,341
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,473
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Warwick Neck School
155 Rocky Point Ave
Distance between this listing and this school0.21 miles
Public District Grades KG-6
4
/10
Oakland Beach School
383 Oakland Beach Ave
Distance between this listing and this school1.26 miles
Public District Grades PK-6
6
/10
Park School
40 Asylum Rd
Distance between this listing and this school1.96 miles
Public District Grades KG-6
Nearby Schools
10
/10
Barrington Middle School
261 Middle Hwy
Distance between this listing and this school4.62 miles
Public District Grades 6-8
7
/10
Archie R. Cole Middle School
100 Cedar Ave
Distance between this listing and this school4.96 miles
Public District Grades 6-8
3
/10
Winman Junior High School
575 Centerville Rd
Distance between this listing and this school5.60 miles
Public District Grades 7-8
Nearby Schools
5
/10
Pilgrim High School
111 Pilgrim Pkwy
Distance between this listing and this school4.38 miles
Public District Grades 9-12
9
/10
Barrington High School
220 Lincoln Ave
Distance between this listing and this school5.10 miles
Public District Grades 9-12
3
/10
Nel/Cps Construction Career
4 Sharpe Dr
Distance between this listing and this school5.48 miles
The neighbors living near this home have an average income of $88,182. The majority of Warwick, RI residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 74 Balcom Ave
What is the listing price of this property?
The listing price of 74 Balcom Ave property is $469,000.
What type of property is this?
The property 74 Balcom Ave is a house located in Warwick, Rhode Island, 02889.
Is this property for sale now?
Accepting Backup Offers: 74 Balcom Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $6,685 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 21, 1998 for $193,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 74 Balcom Ave has 3 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 74 Balcom Ave is 2,650 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 74 Balcom Ave is 1950.
This home is located at 74 Balcom Ave in Warwick, RI and zip code 02889. This 2,650 square foot home, which was built in 1950, sits on a 1.22 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 14, 2023 and is currently priced at $469,000.
While more than 48 listings in Warwick, RI in March 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 21 were sold below. The inventory of homes for sale in Warwick, RI between February 2024 and March 2024 increased by 11.5%. The median list price of listings available in March 2024 was $380,000, while the average time on the real estate market was 27 days.
From Rocket Homes Real Estate and based on county public records data.