1987 New London Tpke
Coventry, RI 02816
4 bd 2 ba 1,500 sqft Built 1953 Lot 16,117 sqft multi_family
Most recent sale
$299,900
Mar 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 25, 2022 | Sold | $299,900 | MLS #1303053 |
| Feb 10, 2022 | Listed | $299,900 | MLS #1303053 |
| Sep 21, 2015 | Sold | $170,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $166,600 | $113,800 | $280,400 | $4,512 |
| 2023 | $166,600 | $113,800 | $280,400 | $4,299 |
| 2022 | $128,200 | $109,400 | $237,600 | $4,650 |
| 2021 | $114,600 | $109,400 | $224,000 | $4,346 |
| 2020 | $111,800 | $109,400 | $221,200 | $4,919 |
| 2019 | $96,500 | $90,300 | $186,800 | $4,154 |
| 2018 | $96,500 | $90,300 | $186,800 | $4,037 |
| 2017 | $96,500 | $90,300 | $186,800 | $3,919 |
| 2016 | $89,400 | $85,200 | $174,600 | $3,738 |
| 2015 | $89,400 | $85,200 | $174,600 | $3,637 |
| 2013 | $91,400 | $92,700 | $184,100 | $3,435 |
| 2006 | $117,440 | $89,500 | $206,940 | $3,247 |
Property facts
Year built
1953
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
1,500 sqft
Lot size
16,117 sqft
ZIP code
02816
City
Coventry
Street
New London Tpke
Coordinates
41.67093, -71.53382
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,250
Gross rental yield
9.00%
Implied cap rate
5.85%
Trend-extrapolated value
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Frequently asked questions
When did 1987 New London Tpke last sell?
1987 New London Tpke most recently sold on Mar 25, 2022 for $299,900.
What is the current tax assessment for 1987 New London Tpke?
The most recent total assessment for 1987 New London Tpke (year 2025) is $280,400 with $4,512 in property tax.
How does 1987 New London Tpke's assessment compare to its last sale price?
The current assessment is 6.5% below the last sale price of $299,900.
When was 1987 New London Tpke built?
1987 New London Tpke was built in 1953.
How does 1987 New London Tpke compare to others on New London Tpke?
We track 8 other properties on New London Tpke. Browse the list under "Other properties on New London Tpke" to compare beds, baths, and sale history.
What are the property facts for 1987 New London Tpke?
1987 New London Tpke is a 4 bed, 2 bath, 1,500 sqft, 16,117 sqft lot multi_family.
Is 1987 New London Tpke a flip candidate?
No — 1987 New London Tpke does not appear in our flips dataset.
Is 1987 New London Tpke a tax-appeal candidate?
No — 1987 New London Tpke is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.7%
Implied 1-yr
+6.6%
2026 Q3
$433.7K
2026 Q4
$440.1K
ZIP 02816 — Median Price History + Forecast
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Geography
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