See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

8 Palmer St, Smithfield, RI, 02828

3beds
2baths
2,227sqft
$495,000
$222price/sqft
$3,651/moest. monthly cost
$146,040/yrincome needed

About This Home

Set in Greenville, this oversized ranch offers a spacious layout, thoughtful updates, and an outdoor oasis that is ready for a family gatherings. The main level features hardwood floors, a large living room, three bedrooms, and a full bathroom. The kitchen shines with granite countertops and new appliances, and easy access out to the deck for a natural connection to the backyard. The outdoor space is a major highlight, with a large deck accessed from both the kitchen and living room that wraps around the above-ground pool. It creates a fantastic setting for entertaining, grilling, lounging by the pool, or simply enjoying the warmer months at home. The yard is made even easier to maintain with a sprinkler system. A fully finished basement adds more usable space, including a family room, bar area, laundry room, storage, a full bathroom a walkout with easy access to the pool and backyard. Additional features include a garage, generator hookup, new hot water heater and a Biasi boiler. Close to shopping, dining, everyday amenities, and easy access to Routes 295 and 44, this ranch is a Smithfield showstopper! 8 Palmer awaits its next caretaker...

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

--
William Winsor SchoolGrades K-50.8 mi
6/10
Smithfield High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1975

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Wood

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Dishwasher,Dryer,Disposal,Microwave,Oven/Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Full,Interior and Exterior,Finished,Bath/Stubbed,Family Room,Laundry,Storage Space,Utility

Bathroom

  • Level: Lower

Bathroom

  • Level: First

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First

Family Room

  • Level: Lower

Features

  • Dry Bar,Stairs,Ceiling Fan(s)
  • Flooring: Ceramic Tile,Hardwood,Laminate,Carpet
  • Fireplace features: None
  • Finished area below ground: 790
  • Finished area above ground: 1,437

Heating & Cooling

  • Heating features: Oil,Baseboard,Forced Water
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,437
  • Total interior livable area: 2,227 sqft

Kitchen

  • Level: First

Laundry

  • Level: Lower

Living Room

  • Level: First

Storage

  • Level: Lower

Property

Details

  • Parcel number: SMITM03B000L020U

Features

  • Pool features: Above Ground
  • Patio & porch: Deck,Porch
  • Fencing: Fenced

Lot

  • Lot size: 7,405 sqft
  • Features: Sprinklers

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Door Opener,Driveway
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

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
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

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 $2,502$30,024
Home Insurance *$188$2,256
Property Taxes $508$6,096
Electricity $453$5,442
Total$3,651$43,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$125,177/yr
40% on housing$109,530/yr
45% on housing$97,360/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

$222This listing

vs Other Active Listings

Avg $/sqft

ZIP 02828$272
Providence County$248

vs Homes Sold Last Month

Median $/sqft

ZIP 02828$302
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
2026-07-29Listed for sale$495,000
2026-07-14Contingent$495,000
2026-07-06Listed for sale$495,000
2026-06-24Contingent$495,000
2026-06-16Listed for sale$495,000
2012-11-08Sold$125,000
2012-10-08Listed for sale$122,000
2011-06-17Listing removed$169,900
2011-05-12Listed for sale$169,900
2009-06-25Sold$203,000
2008-05-01Listing removed$355,000
2008-04-25Listed for sale$355,000
2001-09-28Sold$177,500
1998-09-22Sold$103,000

For Sale by Agent

AgentStephen Gaskin
BrokerageResidential Properties Ltd.

Similar Homes