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Real Estate RI: Record-breaking sale in Cranston’s Edgewood neighborhood – Engel & Volkers
Engel & Völkers East Greenwich announced a record-breaking sale at 82 Marion Avenue S, Cranston, RI 02905, sold on June 3, 2024. Liana D’Amico, an advisor with The DiSpirito Team, successfully sold the property in just two days on the market, setting a new standard for per square foot pricing in the highly coveted Edgewood neighborhood.
The 3-bedroom, 2-bathroom, 1,092 sq ft ranch home sold for $515,000, equating to $471.61 per square foot. This shatters the previous highest per square foot record of $409.20 year to date. Notably, this is the highest-priced per square foot sale in the area, excluding two waterview properties sold in 2022.
Emilio DiSpirito, Sales Manager of Engel & Völkers East Greenwich, expressed his enthusiasm: “Our fantastic exposure and strategic marketing efforts have once again demonstrated our ability to attract the right buyers swiftly. Liana’s dedication and expertise played a crucial role in achieving this record-breaking sale. This is Liana’s third record-breaking sale in Rhode Island within the past 12 months.
Liana D’Amico, the advisor who spearheaded the sale, shared her excitement: “I am thrilled to have negotiated a winning deal for my sellers while ensuring the home found a happy new buyer. It was a pleasure to work with such wonderful parties on both sides of the transaction.”
The buyer, who made a cash purchase, closed the deal in just two weeks, highlighting the efficiency and effectiveness in a smooth and swift transaction. For more information or to schedule a private tour of this or other properties, please contact:
Engel & Völkers East Greenwich
Phone: 401-359-2338
Email: emilio.dispirito@engelvoelkers.com
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About Engel & Völkers East Greenwich
Engel & Völkers East Greenwich is a premier real estate brokerage with a global presence in 33 countries and two strategic locations in Rhode Island. We are dedicated to providing exceptional service and unparalleled expertise in the Rhode Island real estate market. Our team of experienced advisors is committed to helping clients achieve their real estate goals with the highest standards of professionalism and integrity.
That’s ridiculous.
You all sound SO excited about this. But it’s actually quite disheartening, and so very sad for anyone in RI not making $200,000+ a year. Here you have a very basic looking, smaller sized house, and now it’s completely unaffordable for the majority of people. I’m single person, and I make a decent salary, and I couldn’t afford half this price. But there are no homes for less than half this size available in RI. This is a very sad day for most of us here in this State who just want a decent roof over our heads.