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Bristol
11 Michael Dr
$342,000
● House - Off Market

11 Michael Dr

Bristol, RI 02809
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,571 Ft²
$557,323
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Spacious home in a terrific neighborhood. This tri-level home features a great layout for entertaining with 4 Bedrooms, 3 Full Baths, a partially finished basement, and In-Law Potential. Ground level foyer leading to an Open Concept living room with hardwood floors and cathedral ceilings, a large kitchen with a breakfast bar, and a dining room with a walk out to the back yard. Good sized lot with an outdoor grilling area and large shed. Nice location close to water and easy for commuters. House needs a little refreshing but a great opportunity to make it your own. Call for your private showing today!
Unit Size
2,571 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$140
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1990

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #72251056)

Price History

Date / Event Date Event Price
Jan 18, 2024 Sold
Premium
Sold
Sep 28, 2023 No longer available -
No longer available
Sep 20, 2023 In contract -
In contract
Sep 13, 2023 Listed by RE/MAX ELITE $699,000
Listed by RE/MAX ELITE
Mar 5, 2018 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 18
  • 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: 2,193
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,673
  • Total Building Area: 2,347
  • Gross Building Area: 4,497
  • Building Area: 2,347
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,347
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bristol-Warren Regional School District
  • School Tax School District: BRSTLWARRN RGNL
  • Census Tract: 030901

Zoning

  • Zoning: R-15

Geography

  • Account Number: 6819
  • Parcel: BRIS M:127 L:69
  • Lot: 69
  • Municipality: BRISTOL
  • Latitude: 41.7063
  • Longitude: -71.2638

    Address

  • Full Address: 11 Michael Dr
  • Address - House Number: 11
  • Address - Street Name: Michael
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Bristol
  • Carrier Code: C011
  • 4-Digit Zip Code: 4548
  • Zip Code: 02809

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $491,500

    Appraisal Valuation

  • Standard Deviation: 0.1051
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 89
  • Final Value: 671,959
  • High Value: 742,644
  • Low Value: 601,273

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,900
  • Assessed Land Value: $163,500
  • Assessed Improvements Value: $204,400

    Sales

  • Current Sale Contract Date: Jan 18, 2024
  • Current Sale Recording Date: Jan 18, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2024-95
  • Previous Sale Recording Date: Mar 05, 2018
  • Previous Sale Amount: $342,000
  • 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 Bristol

Stats & Trends

Median Asking:

$627,389

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2101 ft²

Average Home Age

64.9 years

Currently For Sale

7 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72251056

Frequently Asked Questions

When was property at 11 Michael Drive built and last sold?
The property at 11 Michael Drive was built in 1990 and last sold on Jan 18, 2024 for $635,000.
How much is this home worth?
The estimated value of the home located at 11 Michael Drive is $684,914.
What are some comparable homes to 11 Michael Drive?
There are currently no comparable homes to 11 Michael Drive.
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