440 Forest Ave
Middletown, RI 02842
4 bd 2 ba 3,011 sqft Built 1979 Lot 12,502 sqft multi_family
Most recent sale
$725,000
Jun 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 8, 2022 | Sold | $725,000 | MLS #1310544 |
| May 18, 2022 | Listed | $799,000 | MLS #1310544 |
| Apr 25, 2022 | Listed | $245,000 | MLS #1308516 |
| Aug 24, 2021 | Price changed | $224,500 | MLS #1291672 |
| Aug 21, 2021 | Listed | $245,000 | MLS #1291672 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $335,800 | $315,300 | $651,100 | $7,676 |
| 2023 | $205,100 | $203,400 | $408,500 | $5,143 |
| 2022 | $205,100 | $203,400 | $408,500 | $4,910 |
| 2021 | $205,100 | $203,400 | $408,500 | $4,910 |
| 2020 | $199,800 | $150,400 | $350,200 | $4,819 |
| 2018 | $199,800 | $150,400 | $350,200 | $4,815 |
| 2016 | $191,300 | $126,100 | $317,400 | $4,894 |
| 2015 | $191,300 | $126,100 | $317,400 | $4,774 |
| 2014 | $161,700 | $114,600 | $276,300 | $4,440 |
| 2013 | $161,400 | $114,600 | $276,000 | $4,336 |
| 2006 | $250,300 | $147,300 | $397,600 | $4,215 |
Property facts
Year built
1979
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
3,011 sqft
Lot size
12,502 sqft
ZIP code
02842
City
Middletown
Street
Forest Ave
Coordinates
41.52226, -71.28537
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
$4,517
Gross rental yield
7.48%
Implied cap rate
4.86%
Trend-extrapolated value
—
Frequently asked questions
When did 440 Forest Ave last sell?
440 Forest Ave most recently sold on Jun 8, 2022 for $725,000.
What is the current tax assessment for 440 Forest Ave?
The most recent total assessment for 440 Forest Ave (year 2025) is $651,100 with $7,676 in property tax.
How does 440 Forest Ave's assessment compare to its last sale price?
The current assessment is 10.2% below the last sale price of $725,000.
When was 440 Forest Ave built?
440 Forest Ave was built in 1979.
How does 440 Forest Ave compare to others on Forest Ave?
We track 8 other properties on Forest Ave. Browse the list under "Other properties on Forest Ave" to compare beds, baths, and sale history.
What are the property facts for 440 Forest Ave?
440 Forest Ave is a 4 bed, 2 bath, 3,011 sqft, 12,502 sqft lot multi_family.
Is 440 Forest Ave a flip candidate?
No — 440 Forest Ave does not appear in our flips dataset.
Is 440 Forest Ave a tax-appeal candidate?
No — 440 Forest Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.0%
Implied 1-yr
-3.9%
2026 Q3
$1.09M
2026 Q4
$1.08M
ZIP 02842 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Forest Ave