StatusAccepting Backup Offers (Active Under Contract)
About 408 Elm St
Loved by its family for the past 59 years, this classic New England cape welcomes its next owner! Summer is just around the corner and this home is ready, with central air conditioning, lawn irrigation and a spacious screened-in patio. The original garage has been converted into two functional spaces: A workshop in the front and a fully heated accessory structure in the back (see floorplans). This "bonus space" is great for entertaining but also has the potential to be a home office, or whatever else you can imagine! Located in the Norwood neighborhood, this home provides convenience for commuters, plus many opportunities to enjoy your new community. Food truck nights, seasonal events and a neighborhood library are only a few of the things that Norwood has to offer.
Property Details
Property Features
Property Information:
Architectural Style: Cape Cod
Year Built: 1950
Stories: 2
Living Area: 1,836 SqFt
Listing Office:
Office Name: Williams & Stuart Real Estate
Office Phone: (401) 942-0200
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,764
Per Month
Principal & Interest
$1,697
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
$1,086
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
4
/10
Norwood School
266 Norwood Ave
Distance between this listing and this school0.30 miles
Public District Grades KG-6
5
/10
Holliman School
70 Deborah Rd
Distance between this listing and this school0.87 miles
Public District Grades KG-6
5
/10
Francis School
325 Miantonomo Dr
Distance between this listing and this school1.27 miles
Public District Grades KG-6
Nearby Schools
6
/10
Park View Middle School
25 Park View Blvd
Distance between this listing and this school1.88 miles
Public District Grades 7-8
2
/10
Hugh B. Bain Middle School
135 Gansett Ave
Distance between this listing and this school2.98 miles
Public District Grades 7-8
6
/10
Western Hills Middle School
400 Phenix Ave
Distance between this listing and this school3.14 miles
Public District Grades 7-8
Nearby Schools
4
/10
Pilgrim High School
111 Pilgrim Pkwy
Distance between this listing and this school0.88 miles
Public District Grades 9-12
1
/10
Nel/Cps Construction Career
4 Sharpe Dr
Distance between this listing and this school1.72 miles
Public Charter Grades 9-12
3
/10
Cranston High School East
899 Park Ave
Distance between this listing and this school2.36 miles
The neighbors living near this home have an average income of $71,013. Most Warwick, RI residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 408 Elm St
What is the listing price of this property?
The listing price of 408 Elm St property is $339,900.
What type of property is this?
The property 408 Elm St is a house located in Warwick, Rhode Island, 02888.
Is this property for sale now?
Accepting Backup Offers: 408 Elm St 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 $4,177 (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 30, 2008 for $200,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 408 Elm St has 3 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 408 Elm St is 1,836 SqFt (source: MLS/tax record).
This home is located at 408 Elm St in Warwick, RI and zip code 02888. This 1,836 square foot home, which was built in 1950, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $339,900.
In May 2024, from all listings sold in Warwick, RI there were more than 61 sold above asking price, over 17 sold below and more than 13 were sold right at the asked price. The inventory of homes for sale in Warwick, RI between April 2024 and May 2024 increased by 3.1%. In May 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $385,000.
From Rocket Homes Real Estate and based on county public records data.