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Providence 02909 Mount Pleasant
115 Rushmore Ave.
$174,900
● House - Off Market

115 Rushmore Ave.

Providence, RI 02909
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,040 Ft²
$295,402
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Mount Pleasant area of Providence.  3 Bedroom; 2 kitchens; finished basement.  Complete in-law set up in basement.  One car detached garage; 6 off street parking spaces.   Large private, fenced in yard on dead end street.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$168
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1950

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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: 6 months ago (MLSPIN #71950225)

Price History

Date / Event Date Event Price
Aug 9, 2016 Sold
Premium
Sold
Jan 19, 2016 Listed by KAM Realty $174,900
Listed by KAM Realty
Aug 29, 2008 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 2
  • Basement Area: 1,040
  • Garage Type: 7
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,969
  • Total Building Area: 1,040
  • Gross Building Area: 3,004
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000206
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Providence School District
  • School Tax School District: PROVIDENCE PS
  • Census Tract: 002000

Zoning

  • Zoning: R-1

Geography

  • Account Number: 42406
  • Parcel: PROV M:94 L:152
  • Lot: 152
  • Municipality: PROVIDENCE
  • Latitude: 41.829
  • Longitude: -71.4566

    Address

  • Full Address: 115 Rushmore Ave
  • Address - House Number: 115
  • Address - Street Name: Rushmore
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Providence
  • Carrier Code: C025
  • 4-Digit Zip Code: 4940
  • Zip Code: 02909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $592,200

    Appraisal Valuation

  • Standard Deviation: 0.1959
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 73
  • Final Value: 406,361
  • High Value: 485,980
  • Low Value: 326,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $322,700
  • Assessed Land Value: $78,600
  • Assessed Improvements Value: $244,100

    Sales

  • Current Sale Recording Date: Aug 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 149732
  • Previous Sale Recording Date: Aug 29, 2008
  • Previous Sale Amount: $182,825
  • 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 Mount Pleasant

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$312

Below Asking

0.03%

Average Days on Market

45

Average Home Size

1134 ft²

Average Home Age

84 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 20 Kelly St, RI, 02909

$1,685 /mo

  • 1 Bed
  • 1 Bath
20 Kelly St, RI, 02909 Listing by Rick Rivera
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: 6 months ago
Data Source: MLS PIN, MLS# 71950225

Frequently Asked Questions

When was property at 115 Rushmore Avenue built and last sold?
The property at 115 Rushmore Avenue was built in 1950 and last sold on Jan 1, 1970 for $179,900.
How much is this home worth?
The estimated value of the home located at 115 Rushmore Avenue is $177,162.
What are some comparable homes to 115 Rushmore Avenue?
There are currently no comparable homes to 115 Rushmore Avenue.
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