Duplex with
New
For Sale
$519,900
595 Dry Bridge Road, North Kingstown, RI 02852
Residential Income, North Kingstown, RI
Property Size3,936 SF
Lot Size1.00 Acre
Price / SF$132.09
Days on Market4
Property Features for 595 Dry Bridge Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
VR
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 2, Basement
Parking
4
Parking features
None
Patio and Porch features
Deck
Interior features
Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Unknown)
Exterior features
Deck
Basement
Unfinished, Full
Appliances
Dishwasher, Oven, Range, Refrigerator, Gas Water Heater
Subdivision
Dry Bridge
Lot features
Wooded
Standard status
Active
Size
3,936 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5448
Utilities
Sewer type
Septic Tank
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1972
Floors in Building
2
Number of units
2
Flooring type
Laminate, Hardwood, Carpet
Building materials
Dry Wall, Other Siding
Listing Agency:
Keller Williams Coastal · Keller Williams Realty
(401) 845-9200
Listed By:
Jeff St. Germain
(401) 226-2148
Added: Oct 23
Last Checked: Oct 26 at 3:06AM
MLS# 1426729
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1972 duplex contains 3,936 square feet across two residences, each arranged with two bedrooms and one and a half bathrooms. The property occupies one acre and includes a deck. It is served by public water and a septic system, with forced-air natural gas heat and a mix of hardwood, laminate, and carpet flooring.
The property is on Dry Bridge Road in North Kingstown, with highway access, shopping, and schools nearby. Wickford Village is a short drive away. The sale is an estate sale, and the property is offered in as-is condition.
The property is on Dry Bridge Road in North Kingstown, with highway access, shopping, and schools nearby. Wickford Village is a short drive away. The sale is an estate sale, and the property is offered in as-is condition.
Key Highlights
- Two residences, each with 2 bedrooms and 1.5 baths
- 3,936 square feet on 1 acre
- Built in 1972; includes a deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,476
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$949,520
$949.5K
Cap Rate 7%
$678,229
$678.2K
Cap Rate 9%
$527,511
$527.5K
Market Conditions
NOI Build-Up for 3,936 SF
Gross rent
$70.8K $18.00/SF
− Vacancy
−$3.0K −$0.77/SF
EGI
$67.8K $17.23/SF
− OpEx
−$20.3K −$5.17/SF
NOI
$47.5K $12.06/SF
Area
Washington County, RI
Vacancy
4.27%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$949,520
Cap Rate 7%
$678,229
Cap Rate 9%
$527,511
Alternative Uses
Best Use
Multifamily LT 5
$678.2K
$593.5K – $791.3K
NOI $47,476 @ 7.0% cap · market cap 9.13%
Second Best
Apartment 5plus
$591.9K
$517.9K – $690.5K
NOI $41,430 @ 7.0% cap · market cap 7.97%
Theoretical Best
Healthcare Medical
$786.4K
$688.1K – $917.5K
NOI $55,049 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Explore this area
Business Placement
Demographics for 02852, RI
23,579
Population
10,589
Households
2.2
Avg Household Size
47
Median Age
49%
College-Educated
96%
High-School Grad
30.8 sq mi
ZIP Area
766
Density / Sq Mi
$112,457
Median Household Income
$60,020
Median Earnings
$1,188
Median Rent
$461,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers a two-bedroom layout with one and a half baths.
Where is this duplex located?
The property is located at 595 Dry Bridge Road North Kingstown, RI.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1.5 baths; 3,936 square feet on 1 acre; Built in 1972; includes a deck
