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Kent 02893
16 Simon St
$290,000
● House - Off Market

16 Simon St

West Warwick, RI 02893
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,619 Ft²
$433,650
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

12 Year Young, well maintained raised ranch on quiet cul de sac. This home has a great open floor plan with hardwood flooring throughout the 1st floor. Kitchen is opened to dining area and living room for easy entertaining. Beautiful kitchen cabinets, granite counter tops, stainless steel appliances and granite center island. Master bedroom with master bath makes for an ideal situation with another full bath on 1st floor. All bathrooms have tiled flooring and granite vanity counter tops. Walk on down to the lower level and enjoy a finished and heated family/bonus room with an additional 1/2 bath with laundry room. This home also has a built-in 2 car garage, front/back irrigation system, security system, fenced in back yard for pets and/or children & deck and patio out back for more outdoor fun!
Unit Size
1,619 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$182
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
2007

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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 #72448815)

Price History

Date / Event Date Event Price
Jun 1, 2022 Sold
Premium
Sold
Jun 4, 2019 Sold
Premium
Sold
Feb 3, 2019 Listed by High Pointe Properties $295,000
Listed by High Pointe Properties
Aug 31, 2007 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,584
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,019
  • Total Building Area: 1,170
  • Gross Building Area: 2,910
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: West Warwick School District
  • School Tax School District: WEST WARWICK PS
  • Census Tract: 020500

Zoning

  • Zoning: R-8

Geography

  • Account Number: 16-2002-87
  • Parcel: WWAR 018-0264-0-000
  • Municipality: WEST WARWICK
  • Latitude: 41.7195
  • Longitude: -71.519

    Address

  • Full Address: 16 Simon St
  • Address - House Number: 16
  • Address - Street Name: Simon
  • Address - Suffix Type: St
  • State: RI
  • City Name: West Warwick
  • Carrier Code: C024
  • 4-Digit Zip Code: 3432
  • Zip Code: 02893

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $620,100

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 77
  • Final Value: 440,177
  • High Value: 516,165
  • Low Value: 364,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,500
  • Assessed Land Value: $63,600
  • Assessed Improvements Value: $274,900

    Sales

  • Current Sale Contract Date: Jun 01, 2022
  • Current Sale Recording Date: Jun 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2487-2740
  • Previous Sale Recording Date: Jun 04, 2019
  • Previous Sale Contract Date: Jun 04, 2019
  • Previous Sale Amount: $290,000
  • 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 Kent

Stats & Trends

Median Asking:

$559,000

Sale Price/ft²

$305

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1934 ft²

Average Home Age

85.6 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72448815

Frequently Asked Questions

When was property at 16 Simon Street built and last sold?
The property at 16 Simon Street was built in 2007 and last sold on Jun 1, 2022 for $410,000.
How much is this home worth?
The estimated value of the home located at 16 Simon Street is $312,866.
What are some comparable homes to 16 Simon Street?
There are currently no comparable homes to 16 Simon Street.
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