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Tiverton 02878
2156 Main Rd
$379,000
● House - Off Market

2156 Main Rd

Tiverton, RI 02878
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$418,889
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Highest and Best due by Monday, 8/30 @ 5:00pm.  Perfect Cottage Perched by the Water, Overlooking Nanaquaket Pond! In the heart of Tiverton's Stone Bridge district and within walking distance to beach, local restaurants, coffee shop, and more! All systems are recently updated including septic, heating, roof, etc. Kitchen has been remodeled with maple cabinetry, quartz counters and tiled floor. Bedrooms have hardwoods, in excellent condition. Some light cosmetics in living room flooring and interior paint is all that's needed, just add your finishing touches, this one is nearly turn key! Oversized 1 car garage and utility room with laundry at back of home, fenced yard. Zoned General Commercial for business opportunities also!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$366
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1949

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72887393)

Price History

Date / Event Date Event Price
Feb 22, 2023 Sold
Premium
Sold
Sep 21, 2021 Sold
Premium
Sold
Aug 24, 2021 Listed by Coldwell Banker Realty $369,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 196
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,704
  • Total Building Area: 1,008
  • Gross Building Area: 1,756
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000108
  • 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: 041602

Zoning

  • Zoning: GC

Geography

  • Parcel: TIVE M:306 B:130
  • Block: 130
  • Municipality: TIVERTON
  • Latitude: 41.6185
  • Longitude: -71.2059

    Address

  • Full Address: 2156 Main Rd
  • Address - House Number: 2156
  • Address - Street Name: Main
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Tiverton
  • Carrier Code: C006
  • 4-Digit Zip Code: 4609
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $435,700

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 505,582
  • High Value: 621,501
  • Low Value: 389,662

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,400
  • Assessed Land Value: $139,400
  • Assessed Improvements Value: $153,000

    Sales

  • Current Sale Contract Date: Feb 16, 2023
  • Current Sale Recording Date: Feb 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 338
  • Previous Sale Recording Date: Sep 21, 2021
  • Previous Sale Contract Date: Sep 19, 2021
  • Previous Sale Amount: $379,000
  • 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 Tiverton

Stats & Trends

Median Asking:

$459,900

Sale Price/ft²

$357

Below Asking

0.02%

Average Days on Market

46

Average Home Size

2607 ft²

Average Home Age

82 years

Currently For Sale

5 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72887393

Frequently Asked Questions

When was property at 2156 Main Road built and last sold?
The property at 2156 Main Road was built in 1949 and last sold on Feb 16, 2023 for $540,600.
How much is this home worth?
The estimated value of the home located at 2156 Main Road is $0.
What are some comparable homes to 2156 Main Road?
There are currently no comparable homes to 2156 Main Road.
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