OFF MARKET
Google street view image for 501 Hope Furnace Rd, Hope, RI 02831
Off market sep 2024 for $825K
$830,916
Est. refi paymentEst. refi $5,480/mo
3
bd
•
2.5 ba
•
2,434
sq ft

501 Hope Furnace Rd, Hope, RI 02831

map-entry

About this home

501 Hope Furnace Rd is a 2,434 square foot house on a 2.7 acre lot with 3 bedrooms and 2.5 bathrooms. - it last sold on September 30, 2024 for $825,000. Based on Redfin's Hope data, we estimate the home's value is $830,916.
Single-familyProperty Type
2023Year Built
2.7 acresLot Size
$341Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$830,916
$5,916 since sold in September 2024$7,000 since October

This home's estimate is 10.7% higher than the average sale price ($750K) of 6 comparable homes.

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell
$146,137
Est. take-home

List your home with Redfin and save $8,309

Refinance
$0
Est. cash available

Get cash now or lower your monthly rate

Rent
$3,376/mo
Redfin rental estimate

List your home for rent

Market trends in 02831, RI

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price
102.7%

0.3% MoM

Median sale price
$717K

$87K MoM

Avg. days on market
44d

8 days MoM

Recently sold homes
12

3 MoM

New listings for sale

Provided by Redfin

Sale history for 501 Hope Furnace Rd

Tax history for 501 Hope Furnace Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Around this home

Schools

Washington Oak School

Public PreK-5 • Assigned • 0.4mi

9/10
Alan Shawn Feinstein Middle School of Coventry

Public 6-8 • Assigned • 3.1mi

6/10
Coventry High School

Public 9-12 • Assigned • 3.0mi

3/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 95° expected this year, 15 days in 30 years

6/10 Wind Factor

67% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Hope, RI • 02831
Average low and high temperatures (°F)
34°
19°
37°
20°
51°
32°
60°
40°
69°
50°
81°
60°
83°
65°
79°
58°
74°
56°
63°
45°
53°
35°
39°
24°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap
Estimated sale price
$790,000 – $956,000

Reach more buyers when you sell with Redfin. Save up to $8,309 in fees. 3 minutes to get started.

Get a free, detailed breakdown of how we calculated your estimate.

Nearby similar homes

NEW 23 HRS AGO
$300,000
1 bed1 bath488 sq ft
51 Knotty Oak Shrs, Coventry, RI 02816
Enclosed porch • Wraparound deck • Scenic water views
$499,900
3 beds1.5 baths1,092 sq ft
27 Acres Of Pine Rd, Coventry, RI 02816
Completely renovated • Granite countertops • Brand-new appliances
$525,000
7 beds3.5 baths6,000 sq ft
22 Main St, Hope, RI 02831
Original moldings • Grand staircase • Soaring ceilings
$750,000
3 beds3 baths3,248 sq ft
2 Nutmeg Cir, Coventry, RI 02816
Walk in closet • Bonus room • Open concept kitchen
NEW CONSTRUCTION
$825,000
2 beds2 baths1,750 sq ft
87 Sunset Lake Circle Cir, Coventry, RI 02816
Scenic water views • Direct water access • Custom kitchen
$584,900
3 beds2.5 baths2,480 sq ft
21 Casey Ln, Coventry, RI 02816
1.75 acres of land • New hardwood floors • Stained deck

New listings for sale in 02831

$1,340,000
5 beds5 baths5,575 sq ft
46 Kent View Dr, Hope, RI 02831
Indoor sauna • Solar farm • Dedicated dog run
OPEN SUN, 12:30PM TO 2PM
$799,999
4 beds2.5 baths3,559 sq ft
899 Pippin Orchard Rd, Cranston, RI 02921
3 acres • Existing density • Possible subdivision

Home values near 501 Hope Furnace Rd

Data from public records.

More real estate resources

Download the Redfin App on the Apple App Store
Download the Redfin App from the Google Play Store

Join us

Become an Agent
Get referrals
Careers

Find homes faster

Download the Redfin App on the Apple App Store
Download the Redfin App from the Google Play Store

About us

Why Redfin?
Community Impact
Inclusion
Culture
Press
Investors
Blog
Real Estate News

Find us

Contact Us
Help Center
Advertise

Subsidiaries

Rent.
ApartmentGuide

Affiliated Business

Rocket Close
Rocket Mortgage

Countries

US flagUnited States

Canadian flagCanada

Copyright: © 2026 Redfin. All rights reserved.

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.