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703 Fairway Dr

Middletown, RI 02842

2 bd 3 ba 1,985 sqft Built 1999 townhomes
Most recent sale
$420,000
Jan 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 14, 2022 Sold $420,000 MLS #1300118
Aug 29, 2012 Sold $335,000 Public Record
Aug 27, 2012 Sold $265,000 Public Record
Jun 9, 1999 Sold $151,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $440,700 $440,700 $5,196
2023 $306,000 $306,000 $3,853
2022 $306,000 $306,000 $3,678
2021 $306,000 $306,000 $3,678
2020 $259,800 $259,800 $3,575
2018 $259,800 $259,800 $3,572
2016 $282,600 $282,600 $4,358
2015 $282,600 $282,600 $4,250
2014 $270,500 $270,500 $4,347
2013 $270,500 $270,500 $4,250
2006 $407,300 $407,300 $4,317

Property facts

Year built
1999
Property type
townhomes
Stories
3
Beds
2
Baths
3
Living area
1,985 sqft
Lot size
ZIP code
02842
City
Middletown
Street
Fairway Dr
Coordinates
41.53814, -71.29728

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,978
Gross rental yield
8.51%
Implied cap rate
5.53%
Trend-extrapolated value

Frequently asked questions

When did 703 Fairway Dr last sell?
703 Fairway Dr most recently sold on Jan 14, 2022 for $420,000.
What is the current tax assessment for 703 Fairway Dr?
The most recent total assessment for 703 Fairway Dr (year 2025) is $440,700 with $5,196 in property tax.
How does 703 Fairway Dr's assessment compare to its last sale price?
The current assessment is 4.9% above the last sale price of $420,000.
When was 703 Fairway Dr built?
703 Fairway Dr was built in 1999.
How does 703 Fairway Dr compare to others on Fairway Dr?
We track 8 other properties on Fairway Dr. Browse the list under "Other properties on Fairway Dr" to compare beds, baths, and sale history.
What are the property facts for 703 Fairway Dr?
703 Fairway Dr is a 2 bed, 3 bath, 1,985 sqft townhomes.
Is 703 Fairway Dr a flip candidate?
No — 703 Fairway Dr does not appear in our flips dataset.
Is 703 Fairway Dr a tax-appeal candidate?
No — 703 Fairway Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.0%
Implied 1-yr
-3.9%
2026 Q3
$1.09M
2026 Q4
$1.08M
ZIP 02842 — Median Price History + Forecast

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