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Tiverton 02878
24 Vale St
Photo of 24 Vale St
Sold on Apr 8, 2025

17

Map

Photo of 24 Vale St
Photo of 24 Vale St
$580,000
● House - Off Market

24 Vale St

Tiverton, RI 02878
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,894 Ft²
$3,277
Est. Monthly
3.34%
Cap Rate

About This Property

Step into this beautifully refinished 4-bedroom, 2-bath raised ranch, where modern updates meet comfort and style. Located just moments from the picturesque Sakonnet River, this home offers convenience and serenity in one. The lower-level family room features a cozy fireplace, perfect for relaxing or entertaining. Enjoy quick access to major highways and take advantage of nearby amenities, including local restaurants, coffee shops, parks, and beaches. With its spacious layout and move-in-ready condition, this home is perfect for both entertaining and everyday living. Don't miss your opportunity to own a gem in this prime location!
Unit Size
1,894 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$317
Property Type
House
Property Taxes
$331
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: 5 months ago (MLSPIN #73318568)

Price History

Date / Event Date Event Price
Apr 8, 2025 Sold
Premium
Sold
Mar 3, 2025 In contract -
In contract
Feb 18, 2025 Price Decreased $599,900
↓ $30K (4.8%)
Price Decreased
Jan 29, 2025 Price Decreased $629,900
↓ $20K (3.1%)
Price Decreased
Dec 7, 2024 Listed $649,900
Listed
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 23
  • 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: 1,070
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 1,144
  • Gross Building Area: 3,362
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Tiverton School District
  • School Tax School District: TIVERTON SD
  • Census Tract: 041602

Zoning

  • Zoning: R40

Geography

  • Parcel: TIVE M:301 B:178
  • Block: 178
  • Municipality: TIVERTON
  • Latitude: 41.6429
  • Longitude: -71.2073

    Address

  • Full Address: 24 Vale St
  • Address - House Number: 24
  • Address - Street Name: Vale
  • Address - Suffix Type: St
  • State: RI
  • City Name: Tiverton
  • Carrier Code: C007
  • 4-Digit Zip Code: 4243
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $387,100

    Appraisal Valuation

  • Standard Deviation: 0.235
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 439,441
  • High Value: 542,748
  • Low Value: 336,134

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,800
  • Assessed Land Value: $121,000
  • Assessed Improvements Value: $138,800

    Sales

  • Current Sale Recording Date: Jan 09, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 95
  • Previous Sale Recording Date: Jan 09, 2017
  • Previous Sale Amount: $215,000
  • 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 Tiverton

Stats & Trends

Median Asking:

$474,500

Sale Price/ft²

$381

Below Asking

0.03%

Average Days on Market

46

Average Home Size

2346 ft²

Average Home Age

79.6 years

Currently For Sale

7 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# 73318568

Frequently Asked Questions

When was property at 24 Vale Street built and last sold?
The property at 24 Vale Street was built in 1968 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 24 Vale Street is $590,302.
What are some comparable homes to 24 Vale Street?
There are currently no comparable homes to 24 Vale Street.
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