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40 Hemlock Ave

Narragansett, RI 02882

9 bd 3 ba 3,838 sqft Built 1960 Lot 18,731 sqft multi_family
Most recent sale
$1,360,000
Mar 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 2, 2025 Sold $1,441,900 StateWide
Aug 4, 2024 Listed for rent $3,750 StateWide
Feb 26, 2024 Listed for rent $3,000 StateWide
Mar 4, 2022 Sold $1,360,000 MLS #1300695
Dec 30, 2021 Listed $1,350,000 MLS #1300695
Sep 30, 2021 Sold $1,275,000 MLS #1295084
Sep 26, 2014 Sold $460,000 MLS #1066304
Jul 8, 2014 Price changed $499,900 MLS #1066304
Jun 10, 2014 Price changed $525,000 MLS #1066304
Jun 4, 2014 Relisted $540,000 MLS #1066304
May 12, 2014 Listing removed $550,000 StateWide
Apr 30, 2014 Listed $550,000 MLS #1066304
Feb 5, 2014 Listing removed $550,000 StateWide
Jan 24, 2014 Price changed $550,000 MLS #1049256
Aug 23, 2013 Listed $595,000 MLS #1049256
Jun 27, 2013 Listing removed $625,000 StateWide
Jun 18, 2013 Price changed $625,000 MLS #1032348
Jun 16, 2013 Listing removed $649,900 StateWide
May 19, 2013 Listed $649,900 MLS #1041550
Apr 15, 2013 Price changed $649,900 MLS #1032348
Mar 4, 2013 Price changed $669,500 MLS #1032348
Jan 18, 2013 Listed $699,900 MLS #1032348

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $735,700 $495,000 $1,230,700 $8,356
2023 $269,600 $321,400 $591,000 $5,502
2022 $269,600 $321,400 $591,000 $5,319
2021 $269,600 $321,400 $591,000 $5,236
2020 $242,200 $322,500 $564,700 $5,918
2019 $242,200 $322,500 $564,700 $5,777
2018 $242,200 $322,500 $564,700 $5,619
2017 $248,900 $344,900 $593,800 $6,271
2016 $248,900 $344,900 $593,800 $5,986
2015 $248,900 $344,900 $593,800 $5,902
2014 $248,900 $391,900 $640,800 $6,434
2013 $248,900 $391,900 $640,800 $6,280
2006 $321,700 $512,100 $833,800 $5,620

Property facts

Year built
1960
Property type
multi_family
Stories
3
Beds
9
Baths
3
Living area
3,838 sqft
Lot size
18,731 sqft
ZIP code
02882
City
Narragansett
Street
Hemlock Ave
Coordinates
41.37411, -71.49070

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,757
Gross rental yield
5.08%
Implied cap rate
3.30%
Trend-extrapolated value

Frequently asked questions

When did 40 Hemlock Ave last sell?
40 Hemlock Ave most recently sold on Mar 4, 2022 for $1,360,000.
What is the current tax assessment for 40 Hemlock Ave?
The most recent total assessment for 40 Hemlock Ave (year 2025) is $1,230,700 with $8,356 in property tax.
How does 40 Hemlock Ave's assessment compare to its last sale price?
The current assessment is 9.5% below the last sale price of $1,360,000.
When was 40 Hemlock Ave built?
40 Hemlock Ave was built in 1960.
How does 40 Hemlock Ave compare to others on Hemlock Ave?
We track 1 other property on Hemlock Ave. Browse the list under "Other properties on Hemlock Ave" to compare beds, baths, and sale history.
What are the property facts for 40 Hemlock Ave?
40 Hemlock Ave is a 9 bed, 3 bath, 3,838 sqft, 18,731 sqft lot multi_family.
Is 40 Hemlock Ave a flip candidate?
No — 40 Hemlock Ave does not appear in our flips dataset.
Is 40 Hemlock Ave a tax-appeal candidate?
No — 40 Hemlock Ave 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
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$1.02M
2026 Q4
$1.02M
ZIP 02882 — Median Price History + Forecast

Explore nearby

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