3 Franklin Way
North Smithfield, RI 02896
3 bd 4 ba 4,571 sqft Built 1980 Lot 90,265 sqft single_family
Most recent sale
$600,000
Jun 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2022 | Sold | $600,000 | MLS #72969546 |
| Apr 21, 2022 | Listed | $585,000 | MLS #72969546 |
| Sep 30, 2020 | Sold | $499,000 | MLS #1262134 |
| Mar 28, 2014 | Sold | $355,000 | MLS #1048142 |
| Aug 8, 2013 | Listed | $239,000 | MLS #1048142 |
| Jul 31, 2013 | Sold | $191,100 | Public Record |
| Jul 6, 2013 | Listing removed | $189,900 | StateWide |
| Jun 19, 2013 | Listed | $189,900 | MLS #1044167 |
| Dec 19, 2011 | Listing removed | $265,000 | StateWide |
| Dec 2, 2011 | Price changed | $265,000 | MLS #1004481 |
| Nov 18, 2011 | Price changed | $275,000 | MLS #1004481 |
| Oct 28, 2011 | Listed | $299,000 | MLS #1004481 |
| Jul 31, 1996 | Sold | $225,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $522,500 | $178,600 | $701,100 | $8,063 |
| 2023 | $341,000 | $150,000 | $491,000 | $6,997 |
| 2022 | $341,000 | $150,000 | $491,000 | $6,830 |
| 2021 | $273,000 | $148,900 | $421,900 | $6,873 |
| 2020 | $273,000 | $148,900 | $421,900 | $6,873 |
| 2019 | $273,000 | $148,900 | $421,900 | $6,696 |
| 2018 | $218,200 | $185,800 | $404,000 | $6,965 |
| 2017 | $218,200 | $185,800 | $404,000 | $6,795 |
| 2016 | $218,200 | $185,800 | $404,000 | $6,609 |
| 2015 | $216,400 | $172,300 | $388,700 | $6,484 |
| 2014 | $216,400 | $172,300 | $388,700 | $6,227 |
| 2013 | $216,400 | $172,300 | $388,700 | $6,165 |
| 2006 | $337,700 | $97,800 | $435,500 | $6,546 |
Property facts
Year built
1980
Property type
single_family
Stories
—
Beds
3
Baths
4
Living area
4,571 sqft
Lot size
90,265 sqft
ZIP code
02896
City
North Smithfield
Street
Franklin Way
Coordinates
42.00666, -71.54779
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
$6,857
Gross rental yield
13.71%
Implied cap rate
8.91%
Trend-extrapolated value
—
Frequently asked questions
When did 3 Franklin Way last sell?
3 Franklin Way most recently sold on Jun 30, 2022 for $600,000.
What is the current tax assessment for 3 Franklin Way?
The most recent total assessment for 3 Franklin Way (year 2025) is $701,100 with $8,063 in property tax.
How does 3 Franklin Way's assessment compare to its last sale price?
The current assessment is 16.9% above the last sale price of $600,000.
When was 3 Franklin Way built?
3 Franklin Way was built in 1980.
How does 3 Franklin Way compare to others on Franklin Way?
We track 1 other property on Franklin Way. Browse the list under "Other properties on Franklin Way" to compare beds, baths, and sale history.
What are the property facts for 3 Franklin Way?
3 Franklin Way is a 3 bed, 4 bath, 4,571 sqft, 90,265 sqft lot single_family.
Is 3 Franklin Way a flip candidate?
Yes — 3 Franklin Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3 Franklin Way a tax-appeal candidate?
Yes — 3 Franklin Way 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 valuationQuarterly trend
+0.2%
Implied 1-yr
+0.9%
2026 Q3
$481K
2026 Q4
$482K
ZIP 02896 — Median Price History + Forecast
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