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East Providence 02915
23 Grassy Plain Rd
$234,900
● House - Off Market

23 Grassy Plain Rd

East Providence, RI 02915
bedrooms
3 Beds
bathrooms
1 Bath
square feet
912 Ft²
$343,060
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Enjoy the Simplicity & Comfort of Single Level Living in this Lovely 3 Bedroom Ranch Located on a Corner Lot in the Desirable Waddington Area! This Well Maintained Home Features an Updated Kitchen with Granite Countertops and Stainless Steel Appliances, Central Air, Hardwood Floors, Updated Bathroom with New Tub/Shower and Vanity, Spacious Living Room with Gas Fireplace, Dining Room with Vaulted Ceilings! Additional Finished Space in the Lower Level Offers a Family Room with a Wood Burning Fireplace and Wet Bar, Rough Plumbing for Future Full Bath and New Hot Water Tank! Low Maintenance Exterior Vinyl Siding, Fenced Yard, Patio for Relaxing or Entertaining and Attached Garage!
Unit Size
912 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$263
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1965

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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 #72534519)

Price History

Date / Event Date Event Price
Mar 20, 2020 Sold
Premium
Sold
Jul 15, 2019 Listed by The Mello Group, Inc. $239,900
Listed by The Mello Group, Inc.
Aug 15, 2018 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,708
  • Total Building Area: 1,520
  • Gross Building Area: 2,084
  • Building Area: 1,520
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,520
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: East Providence School District
  • School Tax School District: EAST PROVIDENCE
  • Census Tract: 010702

Zoning

  • Zoning: R3

Geography

  • Account Number: 61-2355-71
  • Parcel: EPRO M:712 B:03 L:006 U:
  • Block: 3
  • Lot: 6
  • Municipality: EAST PROVIDENCE
  • Latitude: 41.7671
  • Longitude: -71.3379

    Address

  • Full Address: 23 Grassy Plain Rd
  • Address - House Number: 23
  • Address - Street Name: Grassy Plain
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Riverside
  • Carrier Code: C017
  • 4-Digit Zip Code: 1423
  • Zip Code: 02915

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $504,900

    Appraisal Valuation

  • Standard Deviation: 0.1988
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 73
  • Final Value: 366,266
  • High Value: 439,091
  • Low Value: 293,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,100
  • Assessed Land Value: $102,400
  • Assessed Improvements Value: $239,700

    Sales

  • Current Sale Contract Date: Mar 20, 2020
  • Current Sale Recording Date: Mar 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202000001660
  • Previous Sale Recording Date: Aug 15, 2018
  • Previous Sale Amount: $210,000
  • 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 East Providence

Stats & Trends

Median Asking:

$509,900

Sale Price/ft²

$304

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1429 ft²

Average Home Age

49.6 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72534519

Frequently Asked Questions

When was property at 23 Grassy Plain Road built and last sold?
The property at 23 Grassy Plain Road was built in 1965 and last sold on Mar 20, 2020 for $234,900.
How much is this home worth?
The estimated value of the home located at 23 Grassy Plain Road is $246,531.
What are some comparable homes to 23 Grassy Plain Road?
There are currently no comparable homes to 23 Grassy Plain Road.
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