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Tiverton 02878
255 Riverside Drive
Photo of 255 Riverside Drive
Sold on Jan 29, 2010

1

Map

$425,000
● House - Off Market

255 Riverside Drive

Tiverton, RI 02878
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,195 Ft²
$996,837
RealtyHop Estimate
117.18%
Since Feb 1, 2010
National-US
Primary Model

About This Property

Adorable Stone Brdige Cottage, now a short sale and subject to lender approval. Central Air, Direct Waterfront with Dock. Close to Yachting and Marina Site, mins to Rt 24.
Unit Size
1,195 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$384
Property Type
House
Property Taxes
$717
HOA Dues
-
Year Built
1930

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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: 4 months ago (MLSPIN #71024803)

Price History

Date / Event Date Event Price
Aug 7, 2019 Sold
Premium
Sold
Jul 24, 2019 No longer available -
No longer available
Apr 13, 2019 Listed $630,000
Listed
Sep 1, 2016 Sold
Premium
Sold
Jan 29, 2010 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 468
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 3,833
  • Total Building Area: 1,411
  • Gross Building Area: 2,333
  • Building Area: 1,411
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,411
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000088
  • 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:302 B:189
  • Block: 189
  • Municipality: TIVERTON
  • Latitude: 41.6405
  • Longitude: -71.2112

    Address

  • Full Address: 255 Riverside Dr
  • Address - House Number: 255
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Tiverton
  • Carrier Code: C005
  • 4-Digit Zip Code: 4205
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $894,900

    Appraisal Valuation

  • Standard Deviation: 0.1949
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 926,223
  • High Value: 1,106,750
  • Low Value: 745,696

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $600,600
  • Assessed Land Value: $444,600
  • Assessed Improvements Value: $156,000

    Sales

  • Current Sale Contract Date: Aug 06, 2019
  • Current Sale Recording Date: Aug 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2200
  • Previous Sale Recording Date: Sep 01, 2016
  • Previous Sale Amount: $580,000
  • 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:

$459,900

Sale Price/ft²

$357

Below Asking

0.02%

Average Days on Market

46

Average Home Size

2607 ft²

Average Home Age

82 years

Currently For Sale

5 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: 4 months ago
Data Source: MLS PIN, MLS# 71024803

Frequently Asked Questions

When was property at 255 Riverside Drive built and last sold?
The property at 255 Riverside Drive was built in 1930 and last sold on Aug 6, 2019 for $600,000.
How much is this home worth?
The estimated value of the home located at 255 Riverside Drive is $618,209.
What are some comparable homes to 255 Riverside Drive?
There are currently no comparable homes to 255 Riverside Drive.
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