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24 Bernon Drive
Photo of 24 Bernon Drive
Sold on Dec 12, 2008

1

Map

$435,000
● House - Off Market

24 Bernon Drive

Lincoln, RI 02865
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,989 Ft²
$996,324
RealtyHop Estimate
108.00%
Since Jan 1, 2009
National-US
Primary Model

About This Property

BEAUTIFUL 3 BED, 2.5 BATH COLONIAL IN TERRIFIC NEIGHBORHOOD WITH PRIVATE SETTING. OFFERS SPACIOUS CATHEDRALED GAS FP FAMILY, EAT-IN DESIGNER KITCHEN, A/C, SCREENED IN PORCH WITH DECK OVERLOOKS WOODED YARD. FINISHED WALKOUT BASEMENT.
Unit Size
2,989 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$160
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1999

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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 months ago (MLSPIN #70812767)

Price History

Date / Event Date Event Price
Dec 12, 2008 Sold
Premium
Sold
Aug 29, 2008 Listed $479,000
Listed
Jan 19, 2006 Sold
Premium
Sold
Sep 16, 2005 Listed $519,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,467
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,971
  • Total Building Area: 2,372
  • Gross Building Area: 4,452
  • Building Area: 2,372
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,372
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000711
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lincoln School District
  • School Tax School District: LINCOLN PS
  • Census Tract: 011701

Zoning

  • Zoning: RS12

Geography

  • Account Number: 12-22812-75
  • Parcel: LINC M:22 L:139.0 U:
  • Lot: 139.0
  • Municipality: LINCOLN
  • Latitude: 41.9069
  • Longitude: -71.4192

    Address

  • Full Address: 24 Bernon Dr
  • Address - House Number: 24
  • Address - Street Name: Bernon
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Lincoln
  • Carrier Code: C005
  • 4-Digit Zip Code: 2332
  • Zip Code: 02865

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $480,934

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 78
  • Final Value: 598,585
  • High Value: 698,717
  • Low Value: 498,452

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $505,900
  • Assessed Land Value: $175,600
  • Assessed Improvements Value: $330,300

    Sales

  • Current Sale Recording Date: Dec 12, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 19, 2006
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 Providence

Stats & Trends

Median Asking:

$495,000

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2576 ft²

Average Home Age

67.9 years

Currently For Sale

107 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70812767

Frequently Asked Questions

When was property at 24 Bernon Drive built and last sold?
The property at 24 Bernon Drive was built in 1999 and last sold on Jan 1, 1970 for $435,000.
How much is this home worth?
The estimated value of the home located at 24 Bernon Drive is $509,179.
What are some comparable homes to 24 Bernon Drive?
There are currently no comparable homes to 24 Bernon Drive.
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