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Kent
2 Frances Court
$315,000
● House - Off Market

2 Frances Court

Coventry, RI 02816
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,352 Ft²
$422,897
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

This beautiful raised ranch is a perfect home for a first time home buyer looking to grow their family in a friendly and safe neighborhood. The home has been meticulously maintained, has 3 bedrooms on the main floor, a large dining room, spacious living room, full bathroom and a spacious yard. The lower floor is mostly finished with a living room area, office, full bathroom, maintenance room, and an additional room which could be used as an another bedroom. Buyers will also enjoy a brand new septic system that is being installed at the seller's expense.  If you are looking for a home that is move in ready then look no further than 2 Frances Court!     Please read showing instructions, and use the following link to view the 3D Virtual tour.   https://youriguide.com/2_frances_ct_coventry_ri/
Unit Size
1,352 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$226
Property Type
House
Property Taxes
$356
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: 4 months ago (MLSPIN #72675540)

Price History

Date / Event Date Event Price
Jul 30, 2020 Sold
Premium
Sold
Jun 17, 2020 Listed by KAM Realty $305,000
Listed by KAM Realty
Jul 22, 2014 Sold
Premium
Sold
Apr 30, 2007 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,024
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 1,352
  • Gross Building Area: 3,840
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000420
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Coventry School District
  • School Tax School District: COVENTRY PS
  • Census Tract: 020602

Zoning

  • Zoning: R-20

Geography

  • Account Number: 6147
  • Parcel: COVE M:60 L:76
  • Lot: 76
  • Municipality: COVENTRY
  • Latitude: 41.7013
  • Longitude: -71.5748

    Address

  • Full Address: 2 Frances Ct
  • Address - House Number: 2
  • Address - Street Name: Frances
  • Address - Suffix Type: Ct
  • State: RI
  • City Name: Coventry
  • Carrier Code: C001
  • 4-Digit Zip Code: 8418
  • Zip Code: 02816

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $476,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.181
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 421,209
  • High Value: 497,456
  • Low Value: 344,961

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,700
  • Assessed Land Value: $103,000
  • Assessed Improvements Value: $207,700

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4865
  • Previous Sale Recording Date: Jul 22, 2014
  • Previous Sale Amount: $256,500
  • 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# 72675540

Frequently Asked Questions

When was property at 2 Frances Court built and last sold?
The property at 2 Frances Court was built in 1968 and last sold on Jul 30, 2020 for $315,000.
How much is this home worth?
The estimated value of the home located at 2 Frances Court is $317,735.
What are some comparable homes to 2 Frances Court?
There are currently no comparable homes to 2 Frances Court.
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