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404 Roosevelt Ave #204G, Central Falls, RI, 02863

3beds
3baths
4,386sqft
$650,000
$148price/sqft
$5,417/moest. monthly cost
$216,680/yrincome needed

About This Home

Spacious 3–5 bedroom home offering approximately 4,386 sq ft of living space in Central Falls. The flexible layout provides multiple living configurations suitable for a variety of needs. Property features 2 full bathrooms with additional framework in place for a third. Generously sized rooms throughout offer strong potential for customization, expansion, or multi-generational living. Semi-private front entrance on Clay Street. A rare opportunity to own a large home with significant square footage and upside potential.

Getting Around

83
WalkingVery Walkable
50
TransitGood Transit
42
BikeSomewhat Bikeable

Schools

4/10
Calcutt Middle SchoolGrades 6-80.6 mi
1/10

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Plaster,Brick,Masonry

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: In Unit

Basement

  • Basement: None

Bathroom

  • Features: Bath w Shower Stall, Bath w Tub & Shower

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Wall (Plaster),Plumbing (Mixed),Insulation (Unknown)
  • Flooring: Hardwood
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 4,386

Heating & Cooling

  • Heating features: Natural Gas,Baseboard,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,386
  • Total interior livable area: 4,386 sqft

Property

Accessibility

  • Accessibility features: One Level

Details

  • Parcel number: CENTM01P395
  • Zoning: M-2

Features

  • Stories: 5
  • Entry location: First Floor Access

Lot

  • Features: Paved

Parking

  • Total spaces: 2
  • Parking features: No Garage,Assigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,286$39,432
Home Insurance *$549$6,588
Property Taxes $689$8,268
Electricity $893$10,719
Total$5,417$65,004
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$185,725/yr
40% on housing$162,510/yr
45% on housing$144,453/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -2.5%
-2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$148This listing

vs Other Active Listings

Avg $/sqft

ZIP 02863$216
Providence County$248

vs Homes Sold Last Month

Median $/sqft

ZIP 02863$177
Providence County$271

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-01Listed for sale$650,000

For Sale by Agent

AgentSebastian Casas
BrokerageReal Broker, LLC

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