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250 Ocean Rd

Narragansett, RI 02882

4 bd 2 ba 2,365 sqft Built 1993 Lot 44,000 sqft single_family
Most recent sale
$2,962,500
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 31, 2024 Listing removed $2,950 StateWide
Sep 30, 2022 Sold $2,962,500 Public Record
Aug 31, 2022 Listed $5,525,000 MLS #1318790
Feb 13, 2021 Listing removed $3,500 StateWide
Dec 17, 1999 Sold $1,115,000 Public Record
Sep 13, 1999 Sold $1,115,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $490,600 $3,530,600 $4,021,200 $27,304
2023 $324,100 $2,678,600 $3,002,700 $27,955
2022 $324,100 $2,678,600 $3,002,700 $27,024
2021 $324,100 $2,678,600 $3,002,700 $26,604
2020 $302,700 $2,179,200 $2,481,900 $26,010
2019 $302,700 $2,179,200 $2,481,900 $25,390
2018 $302,700 $2,179,200 $2,481,900 $24,695
2017 $261,100 $2,092,200 $2,353,300 $24,851
2016 $261,100 $2,092,200 $2,353,300 $23,721
2015 $261,100 $2,092,200 $2,353,300 $23,392
2014 $228,900 $2,092,200 $2,321,100 $23,304
2013 $310,400 $2,315,100 $2,625,500 $25,730
2006 $361,800 $2,417,300 $2,779,100 $18,731

Property facts

Year built
1993
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,365 sqft
Lot size
44,000 sqft
ZIP code
02882
City
Narragansett
Street
Ocean Rd
Coordinates
41.41963, -71.45444

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
$17,775
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 250 Ocean Rd last sell?
250 Ocean Rd most recently sold on Sep 30, 2022 for $2,962,500.
What is the current tax assessment for 250 Ocean Rd?
The most recent total assessment for 250 Ocean Rd (year 2025) is $4,021,200 with $27,304 in property tax.
How does 250 Ocean Rd's assessment compare to its last sale price?
The current assessment is 35.7% above the last sale price of $2,962,500.
When was 250 Ocean Rd built?
250 Ocean Rd was built in 1993.
How does 250 Ocean Rd compare to others on Ocean Rd?
We track 8 other properties on Ocean Rd. Browse the list under "Other properties on Ocean Rd" to compare beds, baths, and sale history.
What are the property facts for 250 Ocean Rd?
250 Ocean Rd is a 4 bed, 2 bath, 2,365 sqft, 44,000 sqft lot single_family.
Is 250 Ocean Rd a flip candidate?
No — 250 Ocean Rd does not appear in our flips dataset.
Is 250 Ocean Rd a tax-appeal candidate?
Yes — 250 Ocean Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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

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