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Cranston 02920
115 Macklin St
$255,000
● House - Off Market

115 Macklin St

Cranston, RI 02920
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
960 Ft²
$321,030
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Located off Budlong Avenue, within 2 miles of Garden City retail shops and restaurants, this classic 1960's single level ranch is a tremendous opportunity for home ownership. **Ready for your personal updates, this property with its large lot and spacious flat back yard, offers excellent potential. **The main level features ample sunlight through its multiple exposures and features hardwood floors, a living room with a bay window, spacious eat in kitchen with walk out to large covered deck, two well-proportioned bedrooms, two baths, laundry on the first level, central AC and ample closets! **The exterior is maintenance free vinyl with a newer roof and solar panels. ** Click on the " Virtual Tour" link to explore in 3D!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$281
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1967

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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: 5 years ago (MLSPIN #72808025)

Price History

Date / Event Date Event Price
May 14, 2021 Sold
Premium
Sold
Apr 10, 2021 No longer available -
No longer available
Apr 3, 2021 No longer available -
No longer available
Apr 2, 2021 Listed by Berkshire Hathaway HomeServices Page Realty $269,900
Listed by Berkshire Hathaway HomeServices Page Realty
Mar 13, 2021 Listed by Berkshire Hathaway HomeServices Page Realty $269,900
Listed by Berkshire Hathaway HomeServices Page Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 960
  • Gross Building Area: 2,088
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Cranston School District
  • School Tax School District: CRANSTON PS
  • Census Tract: 014300

Geography

  • Account Number: 3328872
  • Parcel: CRAN M:11-2 L:1784 U:
  • Lot: 1784
  • Municipality: CRANSTON
  • Latitude: 41.7831
  • Longitude: -71.4595

    Address

  • Full Address: 115 Macklin St
  • Address - House Number: 115
  • Address - Street Name: Macklin
  • Address - Suffix Type: St
  • State: RI
  • City Name: Cranston
  • Carrier Code: C028
  • 4-Digit Zip Code: 6616
  • Zip Code: 02920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $389,900

    Appraisal Valuation

  • Standard Deviation: 0.1996
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 73
  • Final Value: 329,001
  • High Value: 394,688
  • Low Value: 263,315

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,300
  • Assessed Land Value: $68,200
  • Assessed Improvements Value: $138,100

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 80580
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 Cranston

Stats & Trends

Median Asking:

$435,000

Sale Price/ft²

$280

Below Asking

0.01%

Average Days on Market

93

Average Home Size

2139 ft²

Average Home Age

62.3 years

Currently For Sale

3 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 821 Plainfield St, Other, RI, 02909

$19 /mo

  • 2 Beds
  • 1 Bath
821 Plainfield St, Other, RI, 02909 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# 72808025

Frequently Asked Questions

When was property at 115 Macklin Street built and last sold?
The property at 115 Macklin Street was built in 1967 and last sold on May 14, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 115 Macklin Street is $0.
What are some comparable homes to 115 Macklin Street?
There are currently no comparable homes to 115 Macklin Street.
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