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Woonsocket 02895
112 Morin St
$103,100
● House - Off Market

112 Morin St

Woonsocket, RI 02895
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$194,717
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

Great investment opportunity! Buyer should obtain a free pre-approval letter from Wells Fargo or provide proof of funds, or other credit decisioned financing or a NACA Qualification letter. Due to mandatory waiting period :Calendar Days 0-7: No offers will be considered for the 1st 7 calendar days a home is listed, Days 8-12: We will consider offers on the property ONLY from NSP buyers, municipalities, non-profit organizations and owner-occupants. Days 13+: We will consider all offers
Unit Size
1,032 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$97
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1963

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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 #71494136)

Price History

Date / Event Date Event Price
Jul 11, 2013 Sold
Premium
Sold
Mar 15, 2013 Listed by Costello Realty $99,900
Listed by Costello Realty
Mar 1, 2013 Sold
Premium
Sold
Dec 2, 2009 Listed $175,000
Listed
NICE EAST WOONSOCKET RANCH, OPEN LIVING AREA WITH STONE FIREPLACE, 3 BEDS, NICELY LANDSCAPED FENCED YARD WITH OVERSIZED DECK, ADDITIONAL BACKYARD PARKING, LOWER LEVEL FAMILY ROOM WITH WOOD STOVE. SUBJECT TO BANK APPROVAL.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,500
  • Total Building Area: 1,032
  • Gross Building Area: 1,704
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Woonsocket School District
  • School Tax School District: WOONSOCKET SD
  • Census Tract: 018400

Zoning

  • Zoning: R2

Geography

  • Account Number: 3027380
  • Parcel: WOON M:47H L:94 U:7
  • Lot: 94
  • Municipality: WOONSOCKET
  • Latitude: 42.0122
  • Longitude: -71.4846

    Address

  • Full Address: 112 Morin St
  • Address - House Number: 112
  • Address - Street Name: Morin
  • Address - Suffix Type: St
  • State: RI
  • City Name: Woonsocket
  • Carrier Code: C027
  • 4-Digit Zip Code: 2359
  • Zip Code: 02895

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $306,700

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 345,772
  • High Value: 409,144
  • Low Value: 282,401

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,400
  • Assessed Land Value: $86,400
  • Assessed Improvements Value: $133,000

    Sales

  • Current Sale Recording Date: Jul 11, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Mar 01, 2013
  • Previous Sale Amount: $117,215
  • Previous Sale Document Type: 34
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 Woonsocket

Stats & Trends

Median Asking:

$407,450

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2167 ft²

Average Home Age

74.7 years

Currently For Sale

19 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# 71494136

Frequently Asked Questions

When was property at 112 Morin Street built and last sold?
The property at 112 Morin Street was built in 1963 and last sold on Jan 1, 1970 for $105,000.
How much is this home worth?
The estimated value of the home located at 112 Morin Street is $107,257.
What are some comparable homes to 112 Morin Street?
There are currently no comparable homes to 112 Morin Street.
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