




48 Fairway Dr, Cranston, RI, 02920
About This Home
Located in Oaklawn Terrace neighborhood of Cranston, this well-maintained home is full of potential and ready for its next chapter. Town records reflects a 3-bedroom home, currently configured as 2 bedrooms, with an opportunity to convert to a third bedroom, subject to buyer verification. The kitchen features granite countertops and opens to the dining room, creating a welcoming layout for living and entertaining. A finished breezeway offers flexible living space that can be used as a family room, home office, playroom, or whatever best suits your lifestyle. This home is in great condition, while offering the opportunity for modern updates to make it your own. A moderately sized side yard with room for outdoor entertaining, recreation, or simply relaxing. Conveniently located near shopping, restaurants, schools, parks, and major highways. This home has endless possibilities. Don't miss your chance to appreciate the quality, potential, and value this home has to offer!
Getting Around
Schools
Construction
Condition
- Year built: 1942
Materials
- Foundation: Concrete Perimeter
- Construction materials: Brick,Shingles,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Range Hood,Microwave,Oven/Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Full,Interior Entry,Partially Finished,Family Room,Storage Space,Utility
Bathroom
- Level: First
Bedroom1
- Level: First
Bedroom2
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Level: First
Family Room
- Level: First
Features
- Dry Bar,Stairs,Plumbing (Mixed),Ceiling Fan(s)
- Window features: Skylight(s)
- Flooring: Ceramic Tile,Hardwood,Carpet
- Fireplace features: None
- Finished area below ground: 550
- Finished area above ground: 1,186
Heating & Cooling
- Heating features: Natural Gas,Wood,Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,186
- Total interior livable area: 1,736 sqft
Kitchen
- Level: First
Living Room
- Level: First
Property
Details
- Parcel number: CRANM183L1271U
- Zoning: A6
- Other equipment: Cable TV,Wood Stove
Features
- Fencing: Fenced
- Waterfront features: Flood Insurance
Lot
- Lot size: 4,791 sqft
- Features: Corner Lot
Parking
- Total spaces: 6
- Parking features: Attached,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
- Heat Wave
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,921 | $23,052 |
| Home Insurance * | $158 | $1,896 |
| Property Taxes | $430 | $5,160 |
| Electricity | $389 | $4,675 |
| Total | $2,898 | $34,776 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-07 | Contingent | $379,999 |
| 2026-07-24 | Listed for sale | $379,999 |
