CCertihomes
501 Hope Furnace, Coventry, RI 02831

$900,000

3 beds 3 baths 2,500 sqft Built 2023Active

About this home

Fabulous new construction on the Coventry -Scituate line! Set on nearly 3 acres, this sprawling custom home boasts 3-4 bedrooms, 2.5 baths, custom ash floors throughout, spacious open floorplan with vaulted ceilings. The private primary suite is at one end of the home while the other beds are at the other. Two decks and a covered front farmers porch allow for many entertaining options. Features include bonus room over the two car garage (possible 4th bedroom), a whole house generator, 3 zone HVAC, generous appliance allowance, customizable closets, maintenance free cedar impression exterior, on-demand high efficiency hot water and more. (landscaping in process at listing time - near immediate occupancy)

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$6,954/mo

Real estate (PITI + HOA + PMI)
$6,310
Principal + interest$4,082
Property tax + insurance$1,890
PMI / 2nd mortgage$338
Utilities
$1,484
Heating + cooling$589
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$145
Car insurance + maintenance$145
Other (entertainment)
$140
$6,954/mo TLC
Budget$7,454/mo
Remaining after TLC$500/mo
Purchase price
$900,000
Down payment
$45,000 (5%)
Loan amount
$855,000
APR
4%

Quick facts

Type
Residential
Style
Ranch
Year built
2023
Lot size
2.7 ac
Stories
0
Heating
Bottle Gas, Forced Air
Cooling
Central Air
Water
Well
HOA
Annual tax
MLS #
1358423
County
Kent

At a glance

Air conditioning
Fireplace
Basement
Garage (2)
New construction

Home features

Appliances
Gas Water HeaterTankless Water Heater
Interior
AtticInternal ExpansionWalls: PlasterPlumbing: MixedInsulation: CapCeilingWalls
Parking
AttachedGarage Door Opener
Fireplace
Marble
Flooring
Hardwood
Sewer
Septic Tank

Lot features

Paved Driveway

Neighborhood — 02831

MetricThis ZIPCountyUSA
Population6,6481,095,423299,088,112
Population Change Since199042.00%9.00%20.00%
Population Density655994
Male3,302529,266147,432,321
Female3,346566,157151,655,844
Never Married992266,40463,775,926
Married3,472435,678123,120,365
Separated6543,64212,639,686
Widowed26666,66815,467,586
Divorced31983,84323,075,029
Number Of House Hold2,191410,399111,826,380
Average House Hold Size3.012.562.60
Medial Age37.3137.2735.46
Median House Hold Income$77,360$47,553$48,276
Average House Hold Income$89,764$61,609$63,629
P C I$30,056$23,965$24,529
M D I$62,193$40,634$41,133
A T H E$65,779$49,940$50,898
S T R7.00%7.00%
W C J69.45%78.02%77.74%
(Zip) Code
2831

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 5/6/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

501 Hope Furnace · Coventry — $900,000 · Certihomes