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Kent
25 Catalpa Way
$650,000
● House - Off Market

25 Catalpa Way

Coventry, RI 02816
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,135 Ft²
$571,779
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Welcome to this stunning colonial home on a spacious corner lot. It features 3 beds, 2.5 baths, and impressive details. Hardwood floors, granite countertops, stainless steel appliances, and ample cabinet space adorn the main living areas and kitchen. The great room with cathedral ceilings and a brick fireplace opens to the eat-in-kitchen and large deck with a pergola. The master suite offers a tranquil retreat with a granite en-suite bathroom. Two additional bedrooms share a full bathroom with granite counters. Finished basement, storage, and 2-car garage add convenience. Enjoy Johnson's Pond and nearby amenities, with easy highway access. Embrace luxury and serenity. Schedule a showing today!
Unit Size
2,135 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$269
Property Type
House
Property Taxes
$660
HOA Dues
-
Year Built
1998

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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 #73131007)

Price History

Date / Event Date Event Price
Aug 28, 2023 Sold
Premium
Sold
Jul 5, 2023 In contract -
In contract
Jun 30, 2023 Listed by Engel & Volkers Oceanside $575,000
Listed by Engel & Volkers Oceanside
Mar 30, 2005 Sold
Premium
Sold
Jan 31, 2002 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • 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: 6
  • 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: 7
  • Basement Area: 1,220
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,363
  • Total Building Area: 2,135
  • Gross Building Area: 4,293
  • Building Area: 2,135
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,135
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000720
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Coventry School District
  • School Tax School District: COVENTRY PS
  • Census Tract: 020703

Zoning

  • Zoning: R-20

Geography

  • Account Number: 4516
  • Parcel: COVE M:43 L:52
  • Lot: 52
  • Municipality: COVENTRY
  • Latitude: 41.6896
  • Longitude: -71.592

    Address

  • Full Address: 25 Catalpa Way
  • Address - House Number: 25
  • Address - Street Name: Catalpa
  • Address - Suffix Type: Way
  • State: RI
  • City Name: Coventry
  • Carrier Code: R016
  • 4-Digit Zip Code: 6468
  • Zip Code: 02816

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $816,500
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.0764
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 94
  • Final Value: 578,218
  • High Value: 622,451
  • Low Value: 533,986

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $532,600
  • Assessed Land Value: $188,900
  • Assessed Improvements Value: $343,700

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Aug 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4082
  • Previous Sale Recording Date: Mar 30, 2005
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: 27
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 Kent

Stats & Trends

Median Asking:

$567,000

Sale Price/ft²

$306

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2093 ft²

Average Home Age

83 years

Currently For Sale

6 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73131007

Frequently Asked Questions

When was property at 25 Catalpa Way built and last sold?
The property at 25 Catalpa Way was built in 1998 and last sold on Aug 28, 2023 for $650,000.
How much is this home worth?
The estimated value of the home located at 25 Catalpa Way is $597,975.
What are some comparable homes to 25 Catalpa Way?
There are currently no comparable homes to 25 Catalpa Way.
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