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3 Lane #7, Coventry, RI, 02816

2beds
1baths
732sqft
$149,000
$204price/sqft
$1,408/moest. monthly cost
$56,320/yrincome needed

About This Home

Welcome to 3 Lane 7, a freshly updated 2-bedroom, 1-bath home in Coventry's Maple Root Village (2155 Nooseneck Hill Rd). This home has been thoughtfully refreshed and is ready for its next owner. Recent updates include updated electrical, plumbing, new water heater, new oil tank, new siding and new windows, giving the home great curb appeal and improved energy efficiency, along with fresh, updated paint throughout that makes every room feel bright and move-in ready. Wonderful enclosed porch for 3 season enjoyment and a wonderful back yard. Enjoy a peaceful neighborhood setting with nearby Maple Root Pond for fishing, plus convenient access to local shops, dining and major routes. On-site laundry facilities and off street parking too! Whether you're a first-time buyer or looking to downsize, this home offers comfortable, low-maintenance living in a convenient Coventry location. Don't miss this one — schedule your showing today! Subject to Park Approval.

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

3/10
Hopkins Hill SchoolGrades K-51.0 mi
3/10
Coventry High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1986

Materials

  • Foundation: Unknown
  • Construction materials: Dry Wall,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater,Oven/Range,Refrigerator

Basement

  • Basement: None

Bathroom

  • Features: Bath w Shower Stall

Bedrooms & Bathrooms

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

Features

  • Wall (Dry Wall),Plumbing (Mixed),Insulation (Ceiling),Insulation (Floors),Insulation (Walls)
  • Flooring: Laminate,Vinyl
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 732

Heating & Cooling

  • Heating features: Oil,Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 732
  • Total interior livable area: 732 sqft

Property

Details

  • Parcel number: COVEM520L127
  • On leased land: Yes
  • Other equipment: Cable TV

Features

  • Patio & porch: Screened

Parking

  • Total spaces: 2
  • Parking features: No Garage

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

  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Strong Wind
Winter Weather
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 $753$9,036
Home Insurance *$69$828
Property Taxes $197$2,364
Electricity $389$4,675
Total$1,408$16,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,274/yr
40% on housing$42,240/yr
45% on housing$37,546/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

$204This listing

vs Other Active Listings

Avg $/sqft

ZIP 02816$207
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
2026-07-15Listed for sale$149,000
2023-11-07Sold$93,000
2023-11-06Pending sale$89,900
2023-10-29Contingent$89,900
2023-10-17Listed for sale$89,900
2023-10-13Contingent$89,900
2023-10-01Listed for sale$89,900
2019-12-20Sold$22,000

For Sale by Agent

AgentDeborah Houghton
BrokerageRE/MAX Preferred

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