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5 Drake Dr

Richmond, RI 02892

4 bd 3 ba 2,394 sqft Built 2014 Lot 28,314 sqft single_family
Most recent sale
$610,000
Oct 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 2, 2026 Sold $785,000 StateWide
Feb 17, 2026 Listed $799,900 StateWide
Oct 16, 2023 Sold $649,000 StateWide
Oct 11, 2022 Sold $610,000 MLS #1316358
Sep 2, 2022 Price changed $599,900 MLS #1316358
Aug 8, 2022 Price changed $629,900 MLS #1316358
Jul 25, 2022 Listed $649,900 MLS #1316358
Jul 3, 2022 Price changed $649,900 MLS #1312365
Jun 24, 2022 Price changed $679,900 MLS #1312365
Jun 8, 2022 Listed $699,900 MLS #1312365
Apr 17, 2020 Sold $415,000 Public Record
May 8, 2017 Sold $410,000 MLS #1154624
Jun 4, 2015 Sold $385,000 MLS #1084773
Dec 9, 2014 Listed $389,900 MLS #1084773

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $406,000 $114,600 $520,600 $7,637
2023 $435,400 $114,600 $550,000 $8,118
2022 $290,800 $104,200 $395,000 $8,129
2021 $290,800 $104,200 $395,000 $8,145
2020 $290,800 $104,200 $395,000 $8,050
2019 $260,300 $108,400 $368,700 $8,067
2018 $260,300 $108,400 $368,700 $7,875
2017 $260,300 $108,400 $368,700 $7,669
2016 $219,300 $108,400 $327,700 $7,068
2015 $214,500 $108,400 $322,900 $6,807

Property facts

Year built
2014
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,394 sqft
Lot size
28,314 sqft
ZIP code
02892
City
Richmond
Street
Drake Dr
Coordinates
41.50105, -71.61861

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
$3,591
Gross rental yield
7.06%
Implied cap rate
4.59%
Trend-extrapolated value

Frequently asked questions

When did 5 Drake Dr last sell?
5 Drake Dr most recently sold on Oct 11, 2022 for $610,000.
What is the current tax assessment for 5 Drake Dr?
The most recent total assessment for 5 Drake Dr (year 2025) is $520,600 with $7,637 in property tax.
How does 5 Drake Dr's assessment compare to its last sale price?
The current assessment is 14.7% below the last sale price of $610,000.
When was 5 Drake Dr built?
5 Drake Dr was built in 2014.
How does 5 Drake Dr compare to others on Drake Dr?
We track 6 other properties on Drake Dr. Browse the list under "Other properties on Drake Dr" to compare beds, baths, and sale history.
What are the property facts for 5 Drake Dr?
5 Drake Dr is a 4 bed, 3 bath, 2,394 sqft, 28,314 sqft lot single_family.
Is 5 Drake Dr a flip candidate?
No — 5 Drake Dr does not appear in our flips dataset.
Is 5 Drake Dr a tax-appeal candidate?
No — 5 Drake Dr 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
+5.3%
Implied 1-yr
+21.0%
2026 Q3
$668.4K
2026 Q4
$694.5K
ZIP 02892 — Median Price History + Forecast

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