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Newport
24 Amesbury Ln
$305,000
● House - Off Market

24 Amesbury Ln

Little Compton, RI 02837
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,170 Ft²
$505,003
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Great starter home! Gorgeous country road, views of pastoral surrounding farmlands, babbling brook, spacious yard, forest, stonewalls on 2 Acres.  First floor bedroom, two cute second level bedrooms, pellet stove, updated utilities and roof, granite kitchen and large bath. Garage with bonus lofted storage.
Unit Size
1,170 Ft²
Days on Market
-
Land Size
1.96 acres
Price per sqft
$256
Property Type
House
Property Taxes
$124
HOA Dues
-
Year Built
1920

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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 #71937834)

Price History

Date / Event Date Event Price
Jan 29, 2023 No longer available -
No longer available
Jan 27, 2023 Sold
Premium
Sold
Dec 6, 2022 In contract -
In contract
Nov 19, 2022 Relisted $495,000
Relisted
Nov 12, 2022 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 7
  • Basement Area: 780
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 85,173
  • Total Building Area: 1,170
  • Gross Building Area: 2,436
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001955
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Little Compton School District
  • School Tax School District: LITTLE CMPTN SD
  • Census Tract: 041400

Geography

  • Account Number: 12-0884-02
  • Parcel: LCOM M:38 L:71
  • Lot: 71
  • Municipality: LITTLE COMPTON
  • Latitude: 41.5261
  • Longitude: -71.1405

    Address

  • Full Address: 24 Amesbury Ln
  • Address - House Number: 24
  • Address - Street Name: Amesbury
  • Address - Suffix Type: Ln
  • State: RI
  • City Name: Little Compton
  • Carrier Code: R003
  • 4-Digit Zip Code: 1901
  • Zip Code: 02837

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $175,600

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 74
  • Final Value: 525,428
  • High Value: 626,468
  • Low Value: 424,387

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $354,100
  • Assessed Land Value: $169,500
  • Assessed Improvements Value: $184,600

    Sales

  • Current Sale Contract Date: Jan 27, 2023
  • Current Sale Recording Date: Jan 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-44
  • Previous Sale Recording Date: Aug 10, 2015
  • Previous Sale Amount: $305,000
  • 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 Newport

Stats & Trends

Median Asking:

$554,450

Sale Price/ft²

$375

Below Asking

0.03%

Average Days on Market

68

Average Home Size

2639 ft²

Average Home Age

55.4 years

Currently For Sale

21 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# 71937834

Frequently Asked Questions

When was property at 24 Amesbury Lane built and last sold?
The property at 24 Amesbury Lane was built in 1920 and last sold on Jan 27, 2023 for $495,000.
How much is this home worth?
The estimated value of the home located at 24 Amesbury Lane is $498,858.
What are some comparable homes to 24 Amesbury Lane?
There are currently no comparable homes to 24 Amesbury Lane.
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