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3800 Post Rd #5
D+ Composite 48.55
Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +18.7/30.0
  • ARV discount +7.5/15.0
  • DSCR +5.9/10.0
  • 1% rule +5.4/10.0
  • Livability +3.9/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.2/10.0
  • Appreciation +0.0/10.0

$618,000

3800 Post Rd #5 · Warwick, RI 02886
2 bd · 3.0 ba · 1,850 sqft · Condo public records · 61 Days on market
Built 2019 $370/mo HOA · 6% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome home to Waterside Condominiums! Conveniently located and luxury living at its finest! The building is only 6 years old. This 3- bed 4- bath premium townhouse is the largest of the 10 units at Waterside Condominiums. It offers three large private bedrooms each with its own full bath. Gleaming hardwood floor through out most of the house. 3 zones of heat and central air. The main level offers an open floor plan with a beautiful upscale granite countertop kitchen, Living/Dining with a gas fireplace and a half bathroom. Enjoy the beautiful water views out of the double sliding door onto the private deck. On the 2nd level, you will find two spacious bedrooms and two full baths, with the primary bedroom featuring a large walk-in closet. Laundry is just outside the bedrooms. On the ground level, you will find the large 3rd bedroom with a full bathroom and a one car garage. Under the ground level is the full basement. Fabulous location is surrounded by upscale amenities, dining, shopping and coastal attractions, with both East Greenwich and Warwick's marinas, beaches, and waterfront just minutes away. It close to downtown East Greenwich, T. F. Green Airport and has easy access to I-95. Waterside Condominiums is managed by a professional management company with low management fees. The HOA includes water, sewer, snow removal and landscaping. You will be living in a luxury home, worry free!

Key facts

  • Private deck
  • Open floor plan
  • Water views

Tags

PRIVATE DECKWATER VIEWSOPEN FLOOR PLANLARGE WALK-IN CLOSETFULL BASEMENTEASY ACCESS TO I-95

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/3.0-bath condo listed at $618k.

Deal economics

  • At list price, monthly cash flow is $609 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($6k rent vs $618k).
  • Recommended offer: $581k (6.0% below list) — sets the bar for market timing.
  • Cap rate 7.5% vs local median 3.7% in Warwick — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 78/100 on livability (#6 in RI, #2,425 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, commute A+, housing A+; Watch: schools D+, amenities F.
  • Warwick (urban): math 15% / reading 32% proficiency, ranked #25 of 39 in RI (top 64%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: 118 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 471 units permitted in Kent County in 2024 (240 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $19k of value loss. Plan a longer hold.
  • Kent County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

  • It's been on market 61 days — a 6% lower offer ($581k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 7y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $450k; 37% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Recommended offer $580,920 (6.0% below list)

Questions for the listing agent

  1. It's been on market 61 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.04%
Cap rate
7.48%
Cash-on-cash
4.22%
DSCR
1.19
GRM
8.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
-9.7%
Equity multiple
0.65×
Total profit
$-61,154
Equity at exit
$92,146
10-year hold
IRR
-0.2%
Equity multiple
0.99×
Total profit
$-2,451
Equity at exit
$53,433

Cash invested: $173,040 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
31 Tenant-Leaning
State Rhode Island
31 Tenant-Leaning · D+8
County
— inherits STATE
City
— inherits STATE
30-day notice; strong tenant protections.

ZIP-level market 02886

Active inventory
118
Price-to-rent
8.0×

Monthly cashflow live

Estimated rent
$6,420 medium interval (Pro) →
Mortgage (P&I)
$3,241
Tax from tax record
$595 /mo · $7,136/yr
Insurance
$258
HOA
$370
Vacancy / Maint / Mgmt
$1,348
Net cashflow
$609

Break-even live

Break-even rent $5,649
Max offer price $618,000
Occupancy floor 86%

Sensitivity live

Price -10% $959 -5% $784 +0% $609 +5% $434 +10% $259
Rent -10% $102 -5% $355 +0% $609 +5% $862 +10% $1,116
Rate -1.0pp $920 -0.5pp $766 base $609 +0.5pp $449 +1.0pp $286

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$154,500
Closing costs
$18,540
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
47 Arnolds Neck Dr Warwick, RI 3.0 3.5 2400 $7,500 $3.12 44d 1 0.43mi
40 Oak Grove St #1 East Greenwich, RI 2.0 2.5 2052 $4,200 $2.05 44d 1 1.02mi

HOA detail condo

Monthly dues
$370 · $4,440/yr
Likely covers
watersewergaslandscapingsnow removal
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 32 events

  1. 2026-06-03
    days on market $618,000 Active 61 DOM
  2. 2026-06-02
    days on market $618,000 Active 60 DOM
  3. 2026-06-01
    days on market $618,000 Active 59 DOM
  4. 2026-05-31
    days on market $618,000 Active 58 DOM
  5. 2026-05-11
    price $618,000 1411-char remark
    Show marketing remark (1411 chars)

    Welcome home to Waterside Condominiums! Conveniently located and luxury living at its finest! The building is only 6 years old. This 3- bed 4- bath premium townhouse is the largest of the 10 units at Waterside Condominiums. It offers three large private bedrooms each with its own full bath. Gleaming hardwood floor through out most of the house. 3 zones of heat and central air. The main level offers an open floor plan with a beautiful upscale granite countertop kitchen, Living/Dining with a gas fireplace and a half bathroom. Enjoy the beautiful water views out of the double sliding door onto the private deck. On the 2nd level, you will find two spacious bedrooms and two full baths, with the primary bedroom featuring a large walk-in closet. Laundry is just outside the bedrooms. On the ground level, you will find the large 3rd bedroom with a full bathroom and a one car garage. Under the ground level is the full basement. Fabulous location is surrounded by upscale amenities, dining, shopping and coastal attractions, with both East Greenwich and Warwick's marinas, beaches, and waterfront just minutes away. It close to downtown East Greenwich, T. F. Green Airport and has easy access to I-95. Waterside Condominiums is managed by a professional management company with low management fees. The HOA includes water, sewer, snow removal and landscaping. You will be living in a luxury home, worry free!

  6. 2026-05-04
    status Active 1411-char remark
    Show marketing remark (1411 chars)

    Welcome home to Waterside Condominiums! Conveniently located and luxury living at its finest! The building is only 6 years old. This 3- bed 4- bath premium townhouse is the largest of the 10 units at Waterside Condominiums. It offers three large private bedrooms each with its own full bath. Gleaming hardwood floor through out most of the house. 3 zones of heat and central air. The main level offers an open floor plan with a beautiful upscale granite countertop kitchen, Living/Dining with a gas fireplace and a half bathroom. Enjoy the beautiful water views out of the double sliding door onto the private deck. On the 2nd level, you will find two spacious bedrooms and two full baths, with the primary bedroom featuring a large walk-in closet. Laundry is just outside the bedrooms. On the ground level, you will find the large 3rd bedroom with a full bathroom and a one car garage. Under the ground level is the full basement. Fabulous location is surrounded by upscale amenities, dining, shopping and coastal attractions, with both East Greenwich and Warwick's marinas, beaches, and waterfront just minutes away. It close to downtown East Greenwich, T. F. Green Airport and has easy access to I-95. Waterside Condominiums is managed by a professional management company with low management fees. The HOA includes water, sewer, snow removal and landscaping. You will be living in a luxury home, worry free!

  7. 2026-04-29
    status Pending 1411-char remark
    Show marketing remark (1411 chars)

    Welcome home to Waterside Condominiums! Conveniently located and luxury living at its finest! The building is only 6 years old. This 3- bed 4- bath premium townhouse is the largest of the 10 units at Waterside Condominiums. It offers three large private bedrooms each with its own full bath. Gleaming hardwood floor through out most of the house. 3 zones of heat and central air. The main level offers an open floor plan with a beautiful upscale granite countertop kitchen, Living/Dining with a gas fireplace and a half bathroom. Enjoy the beautiful water views out of the double sliding door onto the private deck. On the 2nd level, you will find two spacious bedrooms and two full baths, with the primary bedroom featuring a large walk-in closet. Laundry is just outside the bedrooms. On the ground level, you will find the large 3rd bedroom with a full bathroom and a one car garage. Under the ground level is the full basement. Fabulous location is surrounded by upscale amenities, dining, shopping and coastal attractions, with both East Greenwich and Warwick's marinas, beaches, and waterfront just minutes away. It close to downtown East Greenwich, T. F. Green Airport and has easy access to I-95. Waterside Condominiums is managed by a professional management company with low management fees. The HOA includes water, sewer, snow removal and landscaping. You will be living in a luxury home, worry free!

  8. 2026-04-28
    status Active 1411-char remark
    Show marketing remark (1411 chars)

    Welcome home to Waterside Condominiums! Conveniently located and luxury living at its finest! The building is only 6 years old. This 3- bed 4- bath premium townhouse is the largest of the 10 units at Waterside Condominiums. It offers three large private bedrooms each with its own full bath. Gleaming hardwood floor through out most of the house. 3 zones of heat and central air. The main level offers an open floor plan with a beautiful upscale granite countertop kitchen, Living/Dining with a gas fireplace and a half bathroom. Enjoy the beautiful water views out of the double sliding door onto the private deck. On the 2nd level, you will find two spacious bedrooms and two full baths, with the primary bedroom featuring a large walk-in closet. Laundry is just outside the bedrooms. On the ground level, you will find the large 3rd bedroom with a full bathroom and a one car garage. Under the ground level is the full basement. Fabulous location is surrounded by upscale amenities, dining, shopping and coastal attractions, with both East Greenwich and Warwick's marinas, beaches, and waterfront just minutes away. It close to downtown East Greenwich, T. F. Green Airport and has easy access to I-95. Waterside Condominiums is managed by a professional management company with low management fees. The HOA includes water, sewer, snow removal and landscaping. You will be living in a luxury home, worry free!

  9. 2026-04-23
    status Pending 1411-char remark
    Show marketing remark (1411 chars)

    Welcome home to Waterside Condominiums! Conveniently located and luxury living at its finest! The building is only 6 years old. This 3- bed 4- bath premium townhouse is the largest of the 10 units at Waterside Condominiums. It offers three large private bedrooms each with its own full bath. Gleaming hardwood floor through out most of the house. 3 zones of heat and central air. The main level offers an open floor plan with a beautiful upscale granite countertop kitchen, Living/Dining with a gas fireplace and a half bathroom. Enjoy the beautiful water views out of the double sliding door onto the private deck. On the 2nd level, you will find two spacious bedrooms and two full baths, with the primary bedroom featuring a large walk-in closet. Laundry is just outside the bedrooms. On the ground level, you will find the large 3rd bedroom with a full bathroom and a one car garage. Under the ground level is the full basement. Fabulous location is surrounded by upscale amenities, dining, shopping and coastal attractions, with both East Greenwich and Warwick's marinas, beaches, and waterfront just minutes away. It close to downtown East Greenwich, T. F. Green Airport and has easy access to I-95. Waterside Condominiums is managed by a professional management company with low management fees. The HOA includes water, sewer, snow removal and landscaping. You will be living in a luxury home, worry free!

  10. 2026-04-13
    price $615,000 1411-char remark
    Show marketing remark (1411 chars)

    Welcome home to Waterside Condominiums! Conveniently located and luxury living at its finest! The building is only 6 years old. This 3- bed 4- bath premium townhouse is the largest of the 10 units at Waterside Condominiums. It offers three large private bedrooms each with its own full bath. Gleaming hardwood floor through out most of the house. 3 zones of heat and central air. The main level offers an open floor plan with a beautiful upscale granite countertop kitchen, Living/Dining with a gas fireplace and a half bathroom. Enjoy the beautiful water views out of the double sliding door onto the private deck. On the 2nd level, you will find two spacious bedrooms and two full baths, with the primary bedroom featuring a large walk-in closet. Laundry is just outside the bedrooms. On the ground level, you will find the large 3rd bedroom with a full bathroom and a one car garage. Under the ground level is the full basement. Fabulous location is surrounded by upscale amenities, dining, shopping and coastal attractions, with both East Greenwich and Warwick's marinas, beaches, and waterfront just minutes away. It close to downtown East Greenwich, T. F. Green Airport and has easy access to I-95. Waterside Condominiums is managed by a professional management company with low management fees. The HOA includes water, sewer, snow removal and landscaping. You will be living in a luxury home, worry free!

  11. 2026-03-25
    listed $625,000 Active 1411-char remark
    Show marketing remark (1411 chars)

    Welcome home to Waterside Condominiums! Conveniently located and luxury living at its finest! The building is only 6 years old. This 3- bed 4- bath premium townhouse is the largest of the 10 units at Waterside Condominiums. It offers three large private bedrooms each with its own full bath. Gleaming hardwood floor through out most of the house. 3 zones of heat and central air. The main level offers an open floor plan with a beautiful upscale granite countertop kitchen, Living/Dining with a gas fireplace and a half bathroom. Enjoy the beautiful water views out of the double sliding door onto the private deck. On the 2nd level, you will find two spacious bedrooms and two full baths, with the primary bedroom featuring a large walk-in closet. Laundry is just outside the bedrooms. On the ground level, you will find the large 3rd bedroom with a full bathroom and a one car garage. Under the ground level is the full basement. Fabulous location is surrounded by upscale amenities, dining, shopping and coastal attractions, with both East Greenwich and Warwick's marinas, beaches, and waterfront just minutes away. It close to downtown East Greenwich, T. F. Green Airport and has easy access to I-95. Waterside Condominiums is managed by a professional management company with low management fees. The HOA includes water, sewer, snow removal and landscaping. You will be living in a luxury home, worry free!

  12. 2023-01-31
    soldstatus $450,000 Closed 1116-char remark
    Show marketing remark (1116 chars)

    Welcome home to Waterside Condominiums! Conveniently located and serene luxury living at it's finest! This unit offers three large private bedrooms each with their own full bath! The main level offers a open floor plan with a beautiful upscale granite and subway tiled kitchen complete with oversized island, which seats 4 comfortably, gleaming hardwoods, gas fireplace and a half bathroom. Enjoy the beautiful water views out of the double sliders onto the private deck as natural light flows through the home. On the 2nd level, you will find two bedrooms with laundry just outside the primary bedroom which also features a large walk in closet. Additional features include one car garage, ample storage in the basement that can be easily used for a workshop as well. Fabulous location just a short walk to the waterfront and just a 3 minute drive to downtown East Greenwich restaurants! Additionally, only 7 minutes to T. F Green Airport, 9 minutes to Goddard Memorial State Park and public beaches, 18 minutes to downtown providence and 30 minutes to Newport! * * SUBJECT TO SELLER FINDING SUITABLE HOUSING * *

  13. 2023-01-31
    soldstatus $450,000
    Show marketing remark (1116 chars)

    Welcome home to Waterside Condominiums! Conveniently located and serene luxury living at it's finest! This unit offers three large private bedrooms each with their own full bath! The main level offers a open floor plan with a beautiful upscale granite and subway tiled kitchen complete with oversized island, which seats 4 comfortably, gleaming hardwoods, gas fireplace and a half bathroom. Enjoy the beautiful water views out of the double sliders onto the private deck as natural light flows through the home. On the 2nd level, you will find two bedrooms with laundry just outside the primary bedroom which also features a large walk in closet. Additional features include one car garage, ample storage in the basement that can be easily used for a workshop as well. Fabulous location just a short walk to the waterfront and just a 3 minute drive to downtown East Greenwich restaurants! Additionally, only 7 minutes to T. F Green Airport, 9 minutes to Goddard Memorial State Park and public beaches, 18 minutes to downtown providence and 30 minutes to Newport! * * SUBJECT TO SELLER FINDING SUITABLE HOUSING * *

  14. 2023-01-03
    status Pending 1116-char remark
    Show marketing remark (1116 chars)

    Welcome home to Waterside Condominiums! Conveniently located and serene luxury living at it's finest! This unit offers three large private bedrooms each with their own full bath! The main level offers a open floor plan with a beautiful upscale granite and subway tiled kitchen complete with oversized island, which seats 4 comfortably, gleaming hardwoods, gas fireplace and a half bathroom. Enjoy the beautiful water views out of the double sliders onto the private deck as natural light flows through the home. On the 2nd level, you will find two bedrooms with laundry just outside the primary bedroom which also features a large walk in closet. Additional features include one car garage, ample storage in the basement that can be easily used for a workshop as well. Fabulous location just a short walk to the waterfront and just a 3 minute drive to downtown East Greenwich restaurants! Additionally, only 7 minutes to T. F Green Airport, 9 minutes to Goddard Memorial State Park and public beaches, 18 minutes to downtown providence and 30 minutes to Newport! * * SUBJECT TO SELLER FINDING SUITABLE HOUSING * *

  15. 2022-12-15
    historical Active Under Contract 1116-char remark
    Show marketing remark (1116 chars)

    Welcome home to Waterside Condominiums! Conveniently located and serene luxury living at it's finest! This unit offers three large private bedrooms each with their own full bath! The main level offers a open floor plan with a beautiful upscale granite and subway tiled kitchen complete with oversized island, which seats 4 comfortably, gleaming hardwoods, gas fireplace and a half bathroom. Enjoy the beautiful water views out of the double sliders onto the private deck as natural light flows through the home. On the 2nd level, you will find two bedrooms with laundry just outside the primary bedroom which also features a large walk in closet. Additional features include one car garage, ample storage in the basement that can be easily used for a workshop as well. Fabulous location just a short walk to the waterfront and just a 3 minute drive to downtown East Greenwich restaurants! Additionally, only 7 minutes to T. F Green Airport, 9 minutes to Goddard Memorial State Park and public beaches, 18 minutes to downtown providence and 30 minutes to Newport! * * SUBJECT TO SELLER FINDING SUITABLE HOUSING * *

  16. 2022-11-02
    listed $500,000 Active 1116-char remark
    Show marketing remark (1116 chars)

    Welcome home to Waterside Condominiums! Conveniently located and serene luxury living at it's finest! This unit offers three large private bedrooms each with their own full bath! The main level offers a open floor plan with a beautiful upscale granite and subway tiled kitchen complete with oversized island, which seats 4 comfortably, gleaming hardwoods, gas fireplace and a half bathroom. Enjoy the beautiful water views out of the double sliders onto the private deck as natural light flows through the home. On the 2nd level, you will find two bedrooms with laundry just outside the primary bedroom which also features a large walk in closet. Additional features include one car garage, ample storage in the basement that can be easily used for a workshop as well. Fabulous location just a short walk to the waterfront and just a 3 minute drive to downtown East Greenwich restaurants! Additionally, only 7 minutes to T. F Green Airport, 9 minutes to Goddard Memorial State Park and public beaches, 18 minutes to downtown providence and 30 minutes to Newport! * * SUBJECT TO SELLER FINDING SUITABLE HOUSING * *

  17. 2022-10-19
    status Active
  18. 2022-10-19
    historical
  19. 2022-10-19
    historical
  20. 2022-10-08
    listed $499,000 Active
  21. 2022-10-07
    historical
  22. 2022-10-05
    price $519,000
  23. 2022-08-28
    price $549,900
  24. 2022-07-21
    price $559,900
  25. 2022-06-08
    price $569,000
  26. 2022-05-01
    listed $579,000 Active
  27. 2021-12-07
    historical
  28. 2021-11-20
    price $499,900
  29. 2021-11-08
    listed $529,900 Active
  30. 2019-12-04
    soldstatus $359,900 Closed
  31. 2019-09-23
    historical
  32. 2019-09-23
    listed $359,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast RI · Partial reset (capped growth)

Current annual tax
$7,136 · $595/mo
Projected year-2 tax
$8,605 · $717/mo
Expected delta
+$1,469/yr (+$122/mo · 20.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$77,040
− Mortgage interest
−$34,618
− Property taxes
−$7,136
− Insurance
−$3,090
− Repairs & maintenance
−$6,163
− Management
−$6,163
− HOA
−$4,440
− Depreciation
−$17,978
Taxable loss
−$2,548
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$612
After-tax cash flow
$7,917/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Warwick
NCES district ID
4401110
Math proficiency
15% ▼ -11.00%
Reading proficiency
32% ▼ -7.00%
Median HH income
$63,420
Composite
22.03/100
National rank
#8203
State rank
#25 of 39 in RI

Livability — Warwick

Score
78/100
State rank
#6
US rank
#2425

Category grades

Amenities F Commute A+ Cost of living B- Crime A+ Employment A Housing A+ Health & safety A+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Warwick, RI
City population
108,434
Population (ZIP)
30,925

Population outlook (Kent County) Hauer SSP2

Today (2025)
160,994 people
By 2030
157,428 · -2.2%
By 2040
148,389 · -7.8%
By 2050
137,995 · -14.3%
By 2075
118,536 · -26.4%
By 2100
102,266 · -36.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (85%)
Race & ethnicity
White 85% Two or more races 6% Hispanic / Latino 5% Asian 4% Black 2%
Common ancestry
Lithuanian 8% Russian 7% Romanian 3%
Foreign-born
7% · Canada
Languages at home
91% English-only · Spanish 2% Other Asian/Pacific 2% Other Indo-European 2%

Political lean MEDSL · Kent

2024 margin
Toss-up / Even · D 49.9% · R 48.1% · Other 2.0%
2008→2024 swing
-15.6pp toward R · 2008: 17.5pp · 2024: 1.9pp
All cycles
2024: D+1.9 2020: D+7.6 2016: R+0.7 2012: D+18.4 2008: D+17.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -425.54%
Current HPI
350.8111
Rent YoY
Metro
State GDP YoY
▲ 2.25%
F500 in state
10

Industry mix (Fortune 500 HQ in RI)

Industry F500 HQs Revenue

Price history

+71.7% since first listed
28 events — show timeline
  • 2026-05-11 Price Changed $618,000 RIS
  • 2026-05-04 Relisted RIS
  • 2026-04-29 Pending RIS
  • 2026-04-28 Relisted RIS
  • 2026-04-23 Pending RIS
  • 2026-04-13 Price Changed $615,000 RIS
  • 2026-03-25 Listed $625,000 RIS
  • 2023-01-31 Sold (Public Records) $450,000 Public Records
  • 2023-01-31 Sold (MLS) $450,000 RIS
  • 2023-01-03 Pending RIS
  • 2022-12-15 Contingent RIS
  • 2022-11-02 Listed $500,000 RIS
  • 2022-10-19 Relisted RIS
  • 2022-10-19 Listing Removed RIS
  • 2022-10-19 Listing Removed RIS
  • 2022-10-08 Listed $499,000 RIS
  • 2022-10-07 Listing Removed RIS
  • 2022-10-05 Price Changed $519,000 RIS
  • 2022-08-28 Price Changed $549,900 RIS
  • 2022-07-21 Price Changed $559,900 RIS
  • 2022-06-08 Price Changed $569,000 RIS
  • 2022-05-01 Listed $579,000 RIS
  • 2021-12-07 Listing Removed RIS
  • 2021-11-20 Price Changed $499,900 RIS
  • 2021-11-08 Listed $529,900 RIS
  • 2019-12-04 Sold (MLS) $359,900 RIS
  • 2019-09-23 Listed $359,900 RIS
  • 2019-09-23 Listing Removed RIS

Property tax history

+1.7%/yr

Latest (2025): $7,136 · -0.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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