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Central Falls 02863
104 Illinois Street
$266,500
● House - Off Market

104 Illinois Street

Central Falls, RI 02863
bedrooms
3 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
1,752 Ft²
$336,244
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Full of Charm this Vintage Style Colonial has been restored and updated. Features include a very Prominent corner location in Central Falls with outlets on two streets; 3-4 Beds, 1 Full and 2 Half Baths; Restored hardwood floors; Possible In-Law in basement with finished room and half bath; updated kitchen and baths with Stainless steel appliances; Off Street parking; Iron Fencing, Laundry hookups and much more. Ready to move-in, quick..this will not last.
Unit Size
1,752 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$158
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1860

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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 years ago (MLSPIN #72789895)

Price History

Date / Event Date Event Price
Apr 20, 2021 Sold
Premium
Sold
Feb 25, 2021 Listed by Equinox Properties $276,500
Listed by Equinox Properties
Mar 25, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 917
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,406
  • Total Building Area: 1,274
  • Gross Building Area: 2,547
  • Building Area: 1,274
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,274
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000078
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Central Falls School District
  • School Tax School District: CENTRALFALLS SD
  • Census Tract: 010800

Zoning

  • Zoning: R-3

Geography

  • Account Number: 5-0800-01
  • Parcel: CENT M:06 P:481
  • Municipality: CENTRAL FALLS
  • Latitude: 41.8865
  • Longitude: -71.3918

    Address

  • Full Address: 104 Illinois St
  • Address - House Number: 104
  • Address - Street Name: Illinois
  • Address - Suffix Type: St
  • State: RI
  • City Name: Central Falls
  • Carrier Code: C062
  • 4-Digit Zip Code: 2703
  • Zip Code: 02863

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,000

    Appraisal Valuation

  • Standard Deviation: 0.2196
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 69
  • Final Value: 325,589
  • High Value: 397,098
  • Low Value: 254,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,100
  • Assessed Land Value: $73,200
  • Assessed Improvements Value: $155,900

    Sales

  • Current Sale Contract Date: Apr 19, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 582
  • Previous Sale Recording Date: Mar 25, 2016
  • Previous Sale Amount: $42,300
  • Previous Sale Document Type: 71
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 Central Falls

Stats & Trends

Median Asking:

$745,000

Sale Price/ft²

$244

Below Asking

0.01%

Average Days on Market

32

Average Home Size

1709 ft²

Average Home Age

126 years

Currently For Sale

1 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

Unit for rent at 10 Goff Ave, RI, 02860

$1,280 /mo

  • 1 Bed
  • 1 Bath
10 Goff Ave, RI, 02860 Listing by Rick Rivera
Unit for rent at 75 East Avenue, RI, 02860

$1,610 /mo

  • 1 Bed
  • 1 Bath
75 East Avenue, RI, 02860 Listing by Rick Rivera
Unit for rent at 6-10 George St, RI, 02860

$1,340 /mo

  • 1 Bed
  • 1 Bath
6-10 George St, RI, 02860 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72789895

Frequently Asked Questions

When was property at 104 Illinois Street built and last sold?
The property at 104 Illinois Street was built in 1860 and last sold on Apr 19, 2021 for $266,500.
How much is this home worth?
The estimated value of the home located at 104 Illinois Street is $0.
What are some comparable homes to 104 Illinois Street?
There are currently no comparable homes to 104 Illinois Street.
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