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Bristol
24 Ridgeway
$265,000
● House - Off Market

24 Ridgeway

Warren, RI 02885
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,301 Ft²
$492,393
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

Welcome home to this immaculate 3 bed ranch that has it all!  Walk through the front door to an open floor plan with living room, dining room with hardwood, & large kitchen with lots of oak cabinets, tile, & breakfast bar.  Walk down the hall to 3 beds with spacious closets & hardwoods and a large bath with jetted tub & double vanity with granite counter & tile.  If this isn't enough living space, head down the spiral staircase to another full kitchen with walk in closet and a bonus office/den.  Possible in-law set-up!  Whole house generator, central air, & pellet stove!   Beautiful landscaping with sprinkler system!   Great location close to shopping, highways, bike path, park, beach, public transportation, & so much more!
Unit Size
1,301 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$215
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1968

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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 #71825580)

Price History

Date / Event Date Event Price
Feb 8, 2016 Sold
Premium
Sold
Apr 28, 2015 Listed by James Velozo Real Estate $279,900
Listed by James Velozo Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,314
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,999
  • Total Building Area: 1,196
  • Gross Building Area: 2,964
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bristol-Warren Regional School District
  • School Tax School District: BRSTLWARRN RGNL
  • Census Tract: 030602

Zoning

  • Zoning: R10

Geography

  • Account Number: 7-0852-02
  • Parcel: WARR M:15A L:262
  • Lot: 262
  • Municipality: WARREN
  • Latitude: 41.7142
  • Longitude: -71.2732

    Address

  • Full Address: 24 Ridgeway Dr
  • Address - House Number: 24
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Warren
  • Carrier Code: C003
  • 4-Digit Zip Code: 3833
  • Zip Code: 02885

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $483,300

    Appraisal Valuation

  • Standard Deviation: 0.2417
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 66
  • Final Value: 478,724
  • High Value: 594,460
  • Low Value: 362,989

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,800
  • Assessed Land Value: $160,300
  • Assessed Improvements Value: $193,500

    Sales

  • Current Sale Recording Date: Feb 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17078
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 Bristol

Stats & Trends

Median Asking:

$611,889

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2844 ft²

Average Home Age

64.6 years

Currently For Sale

9 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: 4 months ago
Data Source: MLS PIN, MLS# 71825580

Frequently Asked Questions

When was property at 24 Ridgeway Drive built and last sold?
The property at 24 Ridgeway Drive was built in 1968 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 24 Ridgeway Drive is $294,042.
What are some comparable homes to 24 Ridgeway Drive?
There are currently no comparable homes to 24 Ridgeway Drive.
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