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Pascoag 02859
28 Spring St
$155,000
● House - Off Market

28 Spring St

Burrillville, RI 02859
bedrooms
1 Bed
bathrooms
1 Bath, 1 Half Bath
square feet
1,245 Ft²
$972
Est. Monthly

About This Property

Introducing 28 Spring Street Burrillville! This cozy cottage in the Pascoag section of Burrillville features 1 bedroom and 1.5 bathrooms. Whether you're an investor looking to capitalize on this property's amazing value or a homeowner with a vision, 28 Spring presents a unique opportunity.
Unit Size
1,245 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$128
Property Type
House
Property Taxes
$186
HOA Dues
-
Year Built
1950

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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 #73223227)

Price History

Date / Event Date Event Price
Jul 15, 2024 Sold
Premium
Sold
Apr 10, 2024 Listed by Westcott Properties $159,900
Listed by Westcott Properties
Feb 23, 2024 Sold
Premium
Sold
Aug 29, 1997 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 19
  • 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: 732
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,245
  • Gross Building Area: 2,229
  • Building Area: 1,245
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,245
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Burrillville School District
  • School Tax School District: BURRILLVILLE SD
  • Census Tract: 012900

Zoning

  • Zoning: F2

Geography

  • Account Number: 13-0501-00
  • Parcel: BURR M:175 L:086
  • Lot: 86
  • Municipality: BURRILLVILLE
  • Latitude: 41.9593
  • Longitude: -71.6998

    Address

  • Full Address: 28 Spring St
  • Address - House Number: 28
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: RI
  • City Name: Pascoag
  • Carrier Code: C001
  • 4-Digit Zip Code: 3709
  • Zip Code: 02859

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $223,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 289,255
  • High Value: 339,261
  • Low Value: 239,249

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,100
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $85,100

    Sales

  • Current Sale Contract Date: Jan 24, 2024
  • Current Sale Recording Date: Feb 23, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Current Sale Input Document Number: 327
  • Previous Sale Recording Date: Aug 29, 1997
  • Previous Sale Amount: $75,000
  • 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 Pascoag

Stats & Trends

Median Asking:

$609,900

Sale Price/ft²

$186

Below Asking

0.02%

Average Days on Market

64

Average Home Size

3604 ft²

Average Home Age

96 years

Currently For Sale

0 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# 73223227

Frequently Asked Questions

When was property at 28 Spring Street built and last sold?
The property at 28 Spring Street was built in 1950 and last sold on Jan 24, 2024 for $171,000.
How much is this home worth?
The estimated value of the home located at 28 Spring Street is $161,499.
What are some comparable homes to 28 Spring Street?
There are currently no comparable homes to 28 Spring Street.
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