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Tiverton 02878
203 State Ave
$249,900
● House - Off Market

203 State Ave

Tiverton, RI 02878
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$378,807
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Just 20 years young this Lovely Ranch home is set on a large corner lot with pretty distant views of Mount Hope Bay from the back deck. This home is Nice and Spacious with 1344 Sq Ft of living Space Plus a huge full walk out basement with loads of potential! Two Full Bathrooms & Three Bedrooms, including a good sized Master Suite. Bright Kitchen is modern with an open flow and a slider leading to the deck, over looking the large fenced in yard and raised Garden beds. This home is in good condition and is Located in the Pocasset School District!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$186
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1998

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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: 5 months ago (MLSPIN #72312730)

Price History

Date / Event Date Event Price
Jun 14, 2018 Sold
Premium
Sold
Apr 20, 2018 Listed by Safe Harbor Realty $249,900
Listed by Safe Harbor Realty
Mar 15, 2016 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 7
  • Basement Area: 1,374
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,716
  • Total Building Area: 1,344
  • Gross Building Area: 4,140
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000246
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Tiverton School District
  • School Tax School District: TIVERTON SD
  • Census Tract: 041601

Zoning

  • Zoning: R30

Geography

  • Parcel: TIVE M:101 B:146
  • Block: 146
  • Municipality: TIVERTON
  • Latitude: 41.6733
  • Longitude: -71.1867

    Address

  • Full Address: 203 State Ave
  • Address - House Number: 203
  • Address - Street Name: State
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Tiverton
  • Carrier Code: C001
  • 4-Digit Zip Code: 1038
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $498,400

    Appraisal Valuation

  • Standard Deviation: 0.2387
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 66
  • Final Value: 490,366
  • High Value: 607,429
  • Low Value: 373,303

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,500
  • Assessed Land Value: $87,800
  • Assessed Improvements Value: $246,700

    Sales

  • Current Sale Recording Date: Jun 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1443
  • Previous Sale Recording Date: Mar 15, 2016
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: O
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 Tiverton

Stats & Trends

Median Asking:

$469,000

Sale Price/ft²

$360

Below Asking

0.03%

Average Days on Market

46

Average Home Size

2519 ft²

Average Home Age

80.2 years

Currently For Sale

6 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: 5 months ago
Data Source: MLS PIN, MLS# 72312730

Frequently Asked Questions

When was property at 203 State Avenue built and last sold?
The property at 203 State Avenue was built in 1998 and last sold on Jan 1, 1970 for $249,900.
How much is this home worth?
The estimated value of the home located at 203 State Avenue is $265,279.
What are some comparable homes to 203 State Avenue?
There are currently no comparable homes to 203 State Avenue.
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