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501 Hill St, Coventry, RI, 02816

4beds
2baths
1,224sqft
$279,900
$229price/sqft
$2,295/moest. monthly cost
$91,800/yrincome needed

About This Home

Over 1200 sq ft of living space in this 4 bedroom home. Nice and sunny interior. 2 full baths. Move in and build some equity. Great location and lot.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

6/10
Blackrock SchoolGrades PK-51.0 mi
3/10
Coventry High SchoolGrades 9-123.9 mi

Construction

Condition

  • Year built: 1890

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Dry Wall,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Unfinished

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Wall (Dry Wall),Plumbing (Mixed),Insulation (Walls)
  • Flooring: Other
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,224

Heating & Cooling

  • Heating features: Oil,Steam
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,224
  • Total interior livable area: 1,224 sqft

Property

Details

  • Parcel number: COVEM96L88
  • Zoning: R-20

Lot

  • Lot size: 10,454 sqft

Parking

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

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Flood
Severe Storm

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 $1,415$16,980
Home Insurance *$130$1,560
Property Taxes $361$4,332
Electricity $389$4,675
Total$2,295$27,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,685/yr
40% on housing$68,850/yr
45% on housing$61,200/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: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$229This listing

vs Other Active Listings

Avg $/sqft

ZIP 02816$206
Kent County$251

vs Homes Sold Last Month

Median $/sqft

ZIP 02816$234
Kent County$267

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)

No zestimate history available

Price History

DateEventPrice
2026-08-17Pending sale$279,900
2026-08-10Listed for sale$279,900
2026-08-07Pending sale$279,900
2026-07-31Listed for sale$279,900
1993-10-28Sold$80,000

For Sale by Agent

AgentWilliam Mandell
BrokerageCameron Prestige, LLC

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