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$121,900
● Multifamily - Off Market

23 Dewey

Woonsocket, RI
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,824 Ft²
$265,893
RealtyHop Estimate
123.44%
Since Jan 1, 2011
National-US
Primary Model

About This Property

Classic Two Family In Woonsocket Close To The Blackstone & Bellingham Lines.  Both Units Can Easily Be Converted To 3 Bedroom Units.  Updated Heating Systems, HW Systems
Unit Size
1,824 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$65
Property Type
Multifamily
Property Taxes
$201
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #71153955)

Price History

Date / Event Date Event Price
Dec 15, 2010 Sold
Premium
Sold
Oct 21, 2010 Listed by William Raveis Chapman Enstone $119,000
Listed by William Raveis Chapman Enstone

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Paved
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Pantry), Unit 1 Rooms(Living Room, Dining Room, Other (See Remarks)), Unit 2 Rooms(Living Room, Dining Room, Other (See Remarks))
Appliances: Washer, Dryer, Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Gas Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Vinyl, Carpet, Laminate
Laundry Features: Washer Hookup
Rooms: 10
Basement: Full, Interior Entry, Concrete
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Appraiser
Year Built Details: Actual
PropertySubType: 2 Family - 2 Units Up/Down
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lead Paint: Unknown
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: R4
Parcel Number: 563650
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $108,100
Tax Annual Amount: $2,417
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Forced Air, Gas), Unit 2(Hot Water Baseboard, Gas)
Location Details
Community Features: Public Transportation, Shopping, Sidewalks

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71153955
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