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Newport 02878
100 Briggs Ln
$210,000
● House - Off Market

100 Briggs Ln

Tiverton, RI 02878
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,844 Ft²
$383,174
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

$205K buys this property. All parties, including mortgage holder, have pre-negotiated  this short sale. Ready for a quick close.  Solid, good-sized, well-maintained 3-bed, 2-bath ranch. Fenced in yard. Central Air. Newer boiler. Hardwoods. As is.
Unit Size
1,844 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$111
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1968

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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: 5 months ago (MLSPIN #71603336)

Price History

Date / Event Date Event Price
May 9, 2014 Sold
Premium
Sold
Oct 31, 2013 Listed by Coldwell Banker Guimond Realty Group $205,000
Listed by Coldwell Banker Guimond Realty Group
Jan 19, 2007 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 23
  • 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: 1,398
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,106
  • Total Building Area: 1,398
  • Gross Building Area: 3,913
  • Building Area: 1,398
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,398
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • 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: 041701

Zoning

  • Zoning: R60

Geography

  • Parcel: TIVE M:209 B:117
  • Block: 117
  • Municipality: TIVERTON
  • Latitude: 41.6454
  • Longitude: -71.148

    Address

  • Full Address: 100 Briggs Ln
  • Address - House Number: 100
  • Address - Street Name: Briggs
  • Address - Suffix Type: Ln
  • State: RI
  • City Name: Tiverton
  • Carrier Code: R001
  • 4-Digit Zip Code: 2406
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $385,000

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 68
  • Final Value: 395,939
  • High Value: 486,592
  • Low Value: 305,287

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,400
  • Assessed Land Value: $83,100
  • Assessed Improvements Value: $175,300

    Sales

  • Current Sale Recording Date: May 09, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 976
  • Previous Sale Recording Date: Jan 19, 2007
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: 27
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 Newport

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$377

Below Asking

0.03%

Average Days on Market

74

Average Home Size

2573 ft²

Average Home Age

54.1 years

Currently For Sale

21 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71603336

Frequently Asked Questions

When was property at 100 Briggs Lane built and last sold?
The property at 100 Briggs Lane was built in 1968 and last sold on Jan 1, 1970 for $210,000.
How much is this home worth?
The estimated value of the home located at 100 Briggs Lane is $232,048.
What are some comparable homes to 100 Briggs Lane?
There are currently no comparable homes to 100 Briggs Lane.
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