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Tiverton 02878
21 Clair Ave
$170,000
● House - Off Market

21 Clair Ave

Tiverton, RI 02878
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$1,321
Est. Monthly

About This Property

This property is perfect for someone looking for a project to do a complete rehab or possibly knock down and start new. There is mold present in the property so caution is highly recommended. There is a hole in the roof and the ceiling has collapsed in several rooms. The property is being sold as-is with all contents to remain and transfer with the property. Seller will only consider a cash offer or with a construction loan in order to purchase this property. Located on a dead-end street. All buyers and buyer agents should be certain to conduct their due diligence. Showing by appointment only.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$205
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1942

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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 #73177158)

Price History

Date / Event Date Event Price
Dec 11, 2023 Sold
Premium
Sold
Nov 18, 2023 In contract -
In contract
Nov 3, 2023 Listed by Keller Williams Realty $225,000
Listed by Keller Williams Realty
Sep 1, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 24
  • 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: 702
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 910
  • Gross Building Area: 1,954
  • Building Area: 910
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 910
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: GC

Geography

  • Parcel: TIVE M:115 B:251
  • Block: 251
  • Municipality: TIVERTON
  • Latitude: 41.6603
  • Longitude: -71.1913

    Address

  • Full Address: 21 Clair Ave
  • Address - House Number: 21
  • Address - Street Name: Clair
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Tiverton
  • Carrier Code: C004
  • 4-Digit Zip Code: 1503
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $258,500

    Appraisal Valuation

  • Standard Deviation: 0.2588
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 63
  • Final Value: 273,839
  • High Value: 344,711
  • Low Value: 202,967

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $173,500
  • Assessed Land Value: $103,600
  • Assessed Improvements Value: $69,900

    Sales

  • Current Sale Contract Date: Nov 25, 2023
  • Current Sale Recording Date: Dec 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2727
  • Previous Sale Recording Date: Sep 01, 1999
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 71

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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:

$459,900

Sale Price/ft²

$357

Below Asking

0.02%

Average Days on Market

46

Average Home Size

2933 ft²

Average Home Age

84.5 years

Currently For Sale

4 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# 73177158

Frequently Asked Questions

When was property at 21 Clair Avenue built and last sold?
The property at 21 Clair Avenue was built in 1942 and last sold on Nov 25, 2023 for $170,000.
How much is this home worth?
The estimated value of the home located at 21 Clair Avenue is $226,493.
What are some comparable homes to 21 Clair Avenue?
There are currently no comparable homes to 21 Clair Avenue.
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