RENTED MAR 25, 2025

Estimated Value: $362,000 - $446,000

3 Beds
2.5 Baths
1,616 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $144,000 $89 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,675/month

Highlights

  • Beach Front
  • Water Access
  • Deck
  • Marina
  • Colonial Architecture
  • Wood Flooring

About This Home

As of March 2025

Coastal charm awaits in this 3-bedroom, 2-bath Gates Cove rental property. With breathtaking views of Warwick's Brush Neck Cove, the home provides water access for kayaking, paddleboarding, or fishing right from your backyard. Cozy up by the gas fireplace or discover the new walkout deck to soak in the serene water views. Brazilian cherry floors add warmth, while the spacious kitchen's granite countertops, new oak cabinets, and lovely island with seating and new appliances create a stylish hub for daily living. The 1st floor features a handicap-accessible bedroom and bath, plus a convenient half bath and washer/dryer. Upstairs, find 2 more bedrooms, including a versatile room with an office area, a private balcony, and a full custom stone bath that exudes luxury. Additional highlights include a large yard, bonus basement storage, and flexibility to add a front ramp for accessibility. Three miles from the Rocky Point Walking Path, bike paths, and the Harbor Lights Marina & Country Club. Explore the saltwater beach at Warwick City Park. Take in the majestic views of Narragansett Bay while enjoying Iggy's doughboys, clam cakes, and chowder at Oakland Beach. A 12-mile commute to all the opportunities and attractions of downtown Providence!

Last Agent to Rent the Property

Lisa Duffy

Residential Properties Ltd. License #RES.0042420 Listed on: 01/24/2025

Residential Properties Ltd.

Last Renter's Agent

Victor Correia

BHHS Commonwealth Real Estate License #RES.0045475

BHHS  Commonwealth Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 3,049

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,616 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • No Garage
  • Unassigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Enhanced Accessible Features
  • Beach Front
  • Property near a hospital

Listing and Financial Details

  • Property Available on 2/1/25
  • 12 Month Lease Term
  • Assessor Parcel Number 62HERMITDRWARW

Community Details

Overview

  • No Home Owners Association
  • Gates & Brush Neck Cove Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2025-02-01
  • Security Deposit: 3500.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Gates & Brush Neck Cove
  • Above Grade Finished Sq Ft: 1616.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1935
  • Pets No Pets Comments: Cats,Pets Negotiable,Small Dogs (under 25 lbs.)
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Accessibility Features: Enhanced Accessible
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: First Floor Access
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Other
  • Interior Amenities: Stall Shower, Tub Shower
  • Living Area: 1616.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Balcony, Deck, Porch
  • Patio And Porch Features: Balcony, Deck, Porch

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: Common Area
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No
  • HOA Rent Includes: Laundry Facilities, Parking, Water
  • Amenities: Restaurant
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 62HERMITDRWARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jun 12, 2018
Sold by
Simas Betty L
Bought by
Mcmahon David G and Mcmahon Lori A
Seller's Agent
Jacklyn Ross
HomeSmart Professionals
Buyer's Agent
Jacklyn Ross
HomeSmart Professionals
List Price
$179,000
Sold Price
$144,000
Premium/Discount to List
-$35,000
-19.55%
Current Estimated Value
$412,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,795
Avg. Annual Appreciation
14.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2025 03/25/25 Rented $3,500 0.0% --
03/07/2025 03/07/25 For Rent $3,500 0.0% --
02/28/2025 02/28/25 Under Contract -- -- --
01/24/2025 01/24/25 For Rent $3,500 0.0% --
06/11/2018 06/11/18 Sold $144,000 -19.6% $90 / Sq Ft View Prior Sale
05/12/2018 05/12/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $179,000 -- $112 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,153 $484,500 $245,000 $239,500
2024 $5,666 $391,600 $196,500 $195,100
2023 $5,557 $391,600 $196,500 $195,100
2022 $5,243 $279,900 $129,900 $150,000
2021 $5,243 $279,900 $129,900 $150,000
2020 $5,243 $279,900 $129,900 $150,000
2019 $5,243 $279,900 $129,900 $150,000
2018 $4,376 $216,200 $113,200 $103,000
2017 $4,376 $216,200 $113,200 $103,000
2016 $4,376 $216,200 $113,200 $103,000
2015 $3,301 $159,100 $64,200 $94,900
2014 $3,192 $159,100 $64,200 $94,900
2013 $3,149 $159,100 $64,200 $94,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1376885

State-Wide MLS

APN: WARW-000361-000370-000000