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7 Mount Hope Ave #202, Providence, RI, 02906

2beds
1baths
850sqft
$448,000
$527price/sqft
$3,308/moest. monthly cost
$132,320/yrincome needed

About This Home

The Chapel Hill East - boutique luxury building, fully renovated in 2018. The residences offer contemporary finishes in an elegant building. This sun-filled front- facing corner unit two-bedroom residence has a fantastic layout with a large living/dining room and an open-kitchen plan. The spacious kitchen has stainless steel appliances; a gas range and the granite counters provide ample work space. The spacious bathroom has a double sink with modern white finishes. Gracious second bedroom, ideal for guest or home office. There are in-unit laundry and central A/C. The Chapel Hill East is a professionally managed building. Unit comes with 2 deeded garage parking. Close proximity to Brown University, RISD, Downtown Providence, Miriam and RI Hospital and the many restaurants and shops of the East Side.

Getting Around

80
WalkingVery Walkable
51
TransitGood Transit
69
BikeBikeable

Schools

5/10
1/10
Hope High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 2018

Materials

  • Foundation: Block
  • Construction materials: Ceramic,Brick

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Basement: None

Bathroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Den

  • Level: First

Features

  • Wall (Cermaic)
  • Flooring: Ceramic Tile,Hardwood
  • Fireplace features: Brick
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 850

Heating & Cooling

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

Interior Area

  • Total structure area: 850
  • Total interior livable area: 850 sqft

Kitchen

  • Level: First

Other

  • Level: First

Other

  • Level: First

Property

Details

  • Parcel number: PROVM6L615U202
  • Zoning: condo

Features

  • Stories: 1

Parking

  • Total spaces: 2
  • Parking features: Attached,Assigned
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Heat Wave
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 $2,265$27,180
Home Insurance *$163$1,956
Property Taxes $491$5,892
Electricity $389$4,675
Total$3,308$39,696
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$113,417/yr
40% on housing$99,240/yr
45% on housing$88,213/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

$527This listing

vs Other Active Listings

Avg $/sqft

ZIP 02906$391
Providence County$248

vs Homes Sold Last Month

Median $/sqft

ZIP 02906$403
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
2026-05-02Listed for sale$489,900
2019-11-08Sold$309,000

For Sale by Agent

AgentRandy Estrella
BrokerageVenture

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