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261 Mountaindale Rd

Smithfield, RI 02917

10 bd 4 ba 6,840 sqft Built 1845 Lot 18,731 sqft multi_family
Most recent sale
$575,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $575,000 MLS #1306223
Mar 31, 2022 Listed $529,900 MLS #1306223
Oct 12, 2018 Sold $346,000 MLS #1194101
Jun 5, 2018 Listed $349,900 MLS #1194101
Jul 18, 2015 Listing removed $289,900 StateWide
Jun 18, 2015 Price changed $289,900 MLS #1099861
Jun 17, 2015 Listed $299,900 MLS #1099861
Mar 8, 2015 Listing removed $299,900 StateWide
Feb 24, 2015 Price changed $299,900 MLS #1086306
Jan 12, 2015 Listed $329,900 MLS #1086306
Aug 17, 2014 Listing removed $349,900 StateWide
Aug 5, 2014 Price changed $349,900 MLS #1072223
Jun 29, 2014 Listed $359,900 MLS #1072223
Nov 13, 2013 Listing removed $369,900 StateWide
Jun 3, 2013 Listed $369,900 MLS #1042754
Dec 30, 2004 Sold $395,000 Public Record
Apr 18, 2001 Sold $52,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $514,600 $168,300 $682,900 $8,461
2023 $261,900 $144,500 $406,400 $5,576
2022 $261,900 $144,500 $406,400 $5,430
2021 $229,900 $108,000 $337,900 $5,788
2020 $229,900 $108,000 $337,900 $5,680
2019 $229,900 $108,000 $337,900 $5,680
2018 $246,000 $108,000 $354,000 $6,216
2017 $246,000 $108,000 $354,000 $6,216
2016 $246,000 $108,000 $354,000 $5,922
2015 $245,800 $98,600 $344,400 $6,051
2012 $251,500 $115,400 $366,900 $5,878
2006 $220,900 $97,400 $318,300 $4,902

Property facts

Year built
1845
Property type
multi_family
Stories
3
Beds
10
Baths
4
Living area
6,840 sqft
Lot size
18,731 sqft
ZIP code
02917
City
Smithfield
Street
Mountaindale Rd
Coordinates
41.88589, -71.53489

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
$3,450
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 261 Mountaindale Rd last sell?
261 Mountaindale Rd most recently sold on May 9, 2022 for $575,000.
What is the current tax assessment for 261 Mountaindale Rd?
The most recent total assessment for 261 Mountaindale Rd (year 2025) is $682,900 with $8,461 in property tax.
How does 261 Mountaindale Rd's assessment compare to its last sale price?
The current assessment is 18.8% above the last sale price of $575,000.
When was 261 Mountaindale Rd built?
261 Mountaindale Rd was built in 1845.
How does 261 Mountaindale Rd compare to others on Mountaindale Rd?
We track 8 other properties on Mountaindale Rd. Browse the list under "Other properties on Mountaindale Rd" to compare beds, baths, and sale history.
What are the property facts for 261 Mountaindale Rd?
261 Mountaindale Rd is a 10 bed, 4 bath, 6,840 sqft, 18,731 sqft lot multi_family.
Is 261 Mountaindale Rd a flip candidate?
No — 261 Mountaindale Rd does not appear in our flips dataset.
Is 261 Mountaindale Rd a tax-appeal candidate?
Yes — 261 Mountaindale 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
-2.4%
Implied 1-yr
-9.8%
2026 Q3
$421.6K
2026 Q4
$409.4K
ZIP 02917 — Median Price History + Forecast

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