Exceptional opportunity in North Kingstown! This spacious and versatile duplex ranch with a walk-out basement is a gem for both investors and owner-occupants alike. Each unit boasts its own separate upstairs and downstairs areas, offering an abundance of space and privacy. In-unit laundry and Ample parking space adds a touch of convenience to both units, which are currently rented out. This property can be converted back into a single-family home post-closing, if desired. Nestled in a prime location, you'll be just minutes from all the incredible amenities Rhode Island has to offer—whether it’s beaches, boating, hiking, shopping, or cultural experiences like museums—as well as the Wickford Commuter Train Station. With recent updates, this unique property is a rare find that promises both comfort and opportunity! Property to be sold as is. Please note the sales disclosures & addendum to the sales disclosures for information regarding the condition of the property.
Sold for $470,000 on 11/13/24
$470,000
495 Lafayette Rd, North Kingstown, RI 02852
4beds
1,948sqft
Multi Family
Built in 1975
-- sqft lot
$498,400 Zestimate®
$241/sqft
$2,948 Estimated rent
Home value
$498,400
$444,000 - $563,000
$2,948/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 13, 2024 at 11:44am
Listed by:
Alpern & Mesenbourg Group 401-324-9841,
Keller Williams Coastal
Bought with:
Sheil Readyhough Team
Mott & Chace Sotheby's Intl.
Source: StateWide MLS RI,MLS#: 1366881
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Tub & Shower
Heating
- Oil, Baseboard, Forced Water, Individual Control
Cooling
- None
Appliances
- Included: Tankless Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed), Ceiling Fan(s)
- Flooring: Ceramic Tile, Carpet
- Windows: Insulated Windows
- Basement: Full,Walk-Out Access,Partially Finished,Storage Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,949
- Total interior livable area: 1,948 sqft
Property
Parking
- Total spaces: 6
- Parking features: No Garage
Features
- Stories: 2
- Patio & porch: Patio
Lot
- Size: 0.78 Acres
Details
- Parcel number: NKINM099B016
- Zoning: NR
- Special conditions: 3rd Party/Corporate Owned
- Other equipment: Cable TV
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Clapboard, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Private Sewer
- Water: Common Meter
- Utilities for property: Water Connected
Community & neighborhood
Security
- Security features: Security System Owned
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Marina, Private School, Public School, Schools, Near Shopping, Near Swimming, Tennis
Location
- Region: North Kingstown
HOA & financial
Other financial information
- Total actual rent: 3500
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2024 | Sold | $470,000-6%$241/sqft |
Source:  StateWide MLS RI #1366881 | ||
| 10/24/2024 | Pending sale | $499,900$257/sqft |
Source: StateWide MLS RI #1366881 | ||
| 10/9/2024 | Contingent | $499,900$257/sqft |
Source: StateWide MLS RI #1366881 | ||
| 9/25/2024 | Listed for sale | $499,900$257/sqft |
Source: StateWide MLS RI #1366881 | ||
| 9/10/2024 | Contingent | $499,900$257/sqft |
Source: StateWide MLS RI #1366881 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,701 -1.1% | $516,400 +28.4% |
| 2024 | $5,766 | $402,100 |
| 2023 | $5,766 +2% | $402,100 |
Find assessor info on the county website
Neighborhood: 02852
Nearby schools
GreatSchools rating
- 8/10Stony Lane Elementary SchoolGrades: K-5Distance: 2.1 mi
- 7/10Davisville Middle SchoolGrades: 6-8Distance: 4.1 mi
- 8/10North Kingstown Senior High SchoolGrades: 9-12Distance: 2.2 mi
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$498,400
2% more+ $9,968
With Zillow Showcase(estimated)
$508,368