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Providence
1290 Victory Hwy
$210,000
● House - Off Market

1290 Victory Hwy

North Smithfield, RI 02896
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,960 Ft²
$331,339
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

You'll find an excellent layout in this Garrison Colonial which features 4 large bedrooms including one on the first floor. There is also an opportunity for a private office or den on the second floor. Hardwoods throughout are in good condition. Two-car garage is oversized with storage above. Large mudroom between garage and house gives you access to the backyard. With a little TLC this is a great opportunity and value to make this home your own. A desirable community with a great commuter location with quick access to Providence, Boston and Worcester. At this price it won't last!
Unit Size
1,960 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$107
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1968

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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 #72266162)

Price History

Date / Event Date Event Price
Jul 30, 2020 Sold
Premium
Sold
Jul 6, 2018 Sold
Premium
Sold
Jan 26, 2018 Sold
Premium
Sold
Dec 27, 2017 Listed by Residential Properties Ltd $210,000
Listed by Residential Properties Ltd

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 1,024
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,521
  • Total Building Area: 1,960
  • Gross Building Area: 3,767
  • Building Area: 1,960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000517
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Smithfield School District
  • School Tax School District: NO SMITHFLD PS
  • Census Tract: 012801

Zoning

  • Zoning: RS

Geography

  • Account Number: 3875
  • Parcel: NSMI M:0004 L:0321
  • Lot: 321
  • Municipality: NORTH SMITHFIELD
  • Latitude: 41.9975
  • Longitude: -71.5964

    Address

  • Full Address: 1290 Victory Hwy
  • Address - House Number: 1290
  • Address - Street Name: Victory
  • Address - Suffix Type: Hwy
  • State: RI
  • City Name: North Smithfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 7846
  • Zip Code: 02896

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $520,800

    Appraisal Valuation

  • Standard Deviation: 0.1678
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 78
  • Final Value: 470,035
  • High Value: 548,941
  • Low Value: 391,128

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,500
  • Assessed Land Value: $66,000
  • Assessed Improvements Value: $299,500

    Sales

  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 42875
  • Previous Sale Recording Date: Jul 06, 2018
  • Previous Sale Amount: $370,000
  • 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 Providence

Stats & Trends

Median Asking:

$495,000

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2519 ft²

Average Home Age

67.5 years

Currently For Sale

105 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72266162

Frequently Asked Questions

When was property at 1290 Victory Highway built and last sold?
The property at 1290 Victory Highway was built in 1968 and last sold on Jan 1, 1970 for $388,000.
How much is this home worth?
The estimated value of the home located at 1290 Victory Highway is $240,952.
What are some comparable homes to 1290 Victory Highway?
There are currently no comparable homes to 1290 Victory Highway.
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