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118 Prospect Farm Rd

Portsmouth, RI 02871

3 bd 3 ba 2,856 sqft Built 1999 Lot 30,056 sqft single_family
Most recent sale
$1,405,000
Feb 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 4, 2022 Sold $1,405,000 MLS #1297754
Nov 5, 2021 Listed $1,395,000 MLS #1297754

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $867,500 $393,000 $1,260,500 $16,739
2023 $867,500 $393,000 $1,260,500 $16,109
2022 $412,100 $342,500 $754,600 $11,742
2021 $412,100 $342,500 $754,600 $11,553
2020 $412,100 $342,500 $754,600 $11,372
2019 $373,900 $252,700 $626,600 $10,276
2018 $373,900 $252,700 $626,600 $10,007
2017 $373,900 $252,700 $626,600 $9,662
2016 $377,900 $267,600 $645,500 $10,328
2015 $377,900 $267,600 $645,500 $10,199
2014 $377,900 $267,600 $645,500 $10,199
2013 $369,300 $296,400 $665,700 $9,673
2006 $178,500 $170,200 $348,700 $2,797

Property facts

Year built
1999
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,856 sqft
Lot size
30,056 sqft
ZIP code
02871
City
Portsmouth
Street
Prospect Farm Rd
Coordinates
41.59082, -71.24657

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,284
Gross rental yield
3.66%
Implied cap rate
2.38%
Trend-extrapolated value

Frequently asked questions

When did 118 Prospect Farm Rd last sell?
118 Prospect Farm Rd most recently sold on Feb 4, 2022 for $1,405,000.
What is the current tax assessment for 118 Prospect Farm Rd?
The most recent total assessment for 118 Prospect Farm Rd (year 2025) is $1,260,500 with $16,739 in property tax.
How does 118 Prospect Farm Rd's assessment compare to its last sale price?
The current assessment is 10.3% below the last sale price of $1,405,000.
When was 118 Prospect Farm Rd built?
118 Prospect Farm Rd was built in 1999.
How does 118 Prospect Farm Rd compare to others on Prospect Farm Rd?
We track 8 other properties on Prospect Farm Rd. Browse the list under "Other properties on Prospect Farm Rd" to compare beds, baths, and sale history.
What are the property facts for 118 Prospect Farm Rd?
118 Prospect Farm Rd is a 3 bed, 3 bath, 2,856 sqft, 30,056 sqft lot single_family.
Is 118 Prospect Farm Rd a flip candidate?
No — 118 Prospect Farm Rd does not appear in our flips dataset.
Is 118 Prospect Farm Rd a tax-appeal candidate?
No — 118 Prospect Farm Rd 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
+4.7%
Implied 1-yr
+18.9%
2026 Q3
$1.67M
2026 Q4
$1.73M
ZIP 02871 — Median Price History + Forecast

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