1
Map
19 Main Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2023 | No longer available | - | |
| No longer available | |||
| Apr 15, 2023 | In contract | - | |
| In contract | |||
| Mar 17, 2023 | Listed by Keller Williams Realty of Newport / East Bay / North Kingstown | $985,000 | |
| Listed by Keller Williams Realty of Newport / East Bay / North Kingstown | |||
| | |||
|
GREAT OPPORTUNITY! Turnkey Family-Owned Business & Single Family Home. Simmons Cafe & Marketplace, Building, Business and Equipment Included. Circa 1840's Greek Revival Home with lots of charm and character. Simmons Café & Marketplace reinvented the historic F.A. Simmons Store that had been a staple establishment for locals and visitors since the 1800’. It’s prime location in the heart of Adamsville Village, at the junction of Rt. 179 and Rt. 81; a highly traveled intersection between S. Tiverton, Westport, and Little Compton, with a tri-town population of over 37,000 and even higher in the summer. Summers are bustling with seasonal residents and visitors passing through as it is the gateway to the Farm Coasts most pristine ocean beaches. This is the most visible and highly traveled commercial offering in the area. Originally, a modest country store offering milk, bread, necessities, where you could grab a quick soup, sandwich, coffee, or seasonal ice cream, has been re-imagined as a lively café & marketplace featuring natural & organic foods, locally sourced products, a robust breakfast & lunch menu, ice cream and offers beer and wine by the glass. They have brought life to the Village, offering community events, music, featuring local artists and a place to meet friends for coffee or catch up on life using their public WIFI. BUYER PAY LCAT. Situated on a corner lot with frontage on Crandall Rd and Main Street. The manager has listed the unit size as 1638 square feet.
| |||
| Jan 17, 2014 | Sold | ||
| Sold | |||
| Mar 12, 2012 | Listed by L. P. Chase, Real Estate | $475,000 | |
| Listed by L. P. Chase, Real Estate | |||
| | |||
|
Owner Occupied or Rental Business Opportunity! New Price = Amazing Deal! Circa 1840's Greek Revival Home. Lots of Charm and Character! Lovely hardwood floors, new windows, roof, siding, decks. Sold with adjacent F.A. Simmons Building and Business - TURN KEY! Zoned Commercial. Great for the entrepreneur to work and stay or convert to offices or B&B. High Traffic Location in Adamsville Village. Buyer to Pay LCAT. MOTIVATED SELLER!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017