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Tiverton 02878
1 Frank Drive
$450,000
● House - Off Market

1 Frank Drive

Tiverton, MA 02878
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,306 Ft²
$2,635
Est. Monthly

About This Property

Introducing a remarkable addition to the Tiverton market is this turnkey 3-4 bedroom Ranch nestled on a sought after dead-end cul de sac! This home boasts wood flooring on first floor, updated kitchen with breakfast bar & stainless steel appliances, open LR and DR concept, recently renovated bathroom, one car garage, partially finished basement offering additional living space, vinyl siding (cedar shingle impression) & more!!  Embrace the outdoor living with a nice deck off the back of the home overlooking the above ground pool and stone firepit.  Conveniently located near major highways, routes, and shopping! Blink and you could miss the opportunity to make this property your HOME!
Unit Size
1,306 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$360
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73205462)

Price History

Date / Event Date Event Price
Apr 25, 2024 Sold
Premium
Sold
Mar 14, 2024 In contract -
In contract
Feb 26, 2024 Listed by Keller Williams South Watuppa $469,900
Listed by Keller Williams South Watuppa
Dec 30, 2016 Sold
Premium
Sold
Oct 29, 2016 Listed by Keller Williams South Watuppa $275,000
Listed by Keller Williams South Watuppa

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,168
  • Total Building Area: 1,306
  • Gross Building Area: 3,353
  • Building Area: 1,306
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,306
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000463
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Tiverton School District
  • School Tax School District: TIVERTON SD
  • Census Tract: 041602

Zoning

  • Zoning: R30

Geography

  • Parcel: TIVE M:112 B:122
  • Block: 122
  • Municipality: TIVERTON
  • Latitude: 41.6554
  • Longitude: -71.1881

    Address

  • Full Address: 1 Frank Dr
  • Address - House Number: 1
  • Address - Street Name: Frank
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Tiverton
  • Carrier Code: R005
  • 4-Digit Zip Code: 3722
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $392,500

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 434,812
  • High Value: 534,480
  • Low Value: 335,144

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,400
  • Assessed Land Value: $107,300
  • Assessed Improvements Value: $156,100

    Sales

  • Current Sale Recording Date: Dec 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3858
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tiverton

Stats & Trends

Median Asking:

$459,900

Sale Price/ft²

$357

Below Asking

0.02%

Average Days on Market

46

Average Home Size

2933 ft²

Average Home Age

84.5 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73205462

Frequently Asked Questions

When was property at 1 Frank Drive built and last sold?
The property at 1 Frank Drive was built in 1971 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 1 Frank Drive is $455,406.
What are some comparable homes to 1 Frank Drive?
There are currently no comparable homes to 1 Frank Drive.
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