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Providence 02917
29 Scenic View Dr
$300,000
● House - Off Market

29 Scenic View Dr

Smithfield, RI 02917
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,168 Ft²
$447,061
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

It's ALL about LOCATION!  This 3 bedroom, 2 full bath ranch home is not to be missed.    Located on a corner lot in a quiet neighborhood in the Esmond section of Smithfield. Newer vinyl siding, newer roof, vinyl replacement windows and new, beautiful 3-season room.  The updated Cherry cabinet kitchen opens to the living room, which is perfect for entertaining.  Hardwoods in living room and bedrooms, gas heat, and central A/C!  Lower level is a walk-out w/ laundry & storage.  Lower level has great in-law potential.  The newly fenced yard offers privacy and is perfect for little ones and pets.  Move-in condition!
Unit Size
1,168 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$261
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1960

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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 #72500278)

Price History

Date / Event Date Event Price
Aug 29, 2019 Sold
Premium
Sold
May 16, 2019 Listed by Cornerstone Realty Partners $304,900
Listed by Cornerstone Realty Partners
Sep 27, 2018 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,168
  • Gross Building Area: 2,176
  • Building Area: 1,168
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,168
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Cranston School District
  • School Tax School District: SMITHFIELD PS
  • Census Tract: 012602

Zoning

  • Zoning: R20

Geography

  • Account Number: 16-1038-70
  • Parcel: SMIT M:51 B:000 L:112 U:
  • Lot: 112
  • Municipality: SMITHFIELD
  • Latitude: 41.8983
  • Longitude: -71.5212

    Address

  • Full Address: 29 Scenic View Dr
  • Address - House Number: 29
  • Address - Street Name: Scenic View
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Smithfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 3519
  • Zip Code: 02917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,000

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 425,976
  • High Value: 497,606
  • Low Value: 354,345

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,800
  • Assessed Land Value: $144,500
  • Assessed Improvements Value: $165,300

    Sales

  • Current Sale Contract Date: Aug 27, 2019
  • Current Sale Recording Date: Aug 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019-2570
  • Previous Sale Recording Date: Sep 27, 2018
  • Previous Sale Amount: $284,000
  • 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 Providence

Stats & Trends

Median Asking:

$489,900

Sale Price/ft²

$274

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2480 ft²

Average Home Age

68.4 years

Currently For Sale

103 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72500278

Frequently Asked Questions

When was property at 29 Scenic View Drive built and last sold?
The property at 29 Scenic View Drive was built in 1960 and last sold on Aug 27, 2019 for $300,000.
How much is this home worth?
The estimated value of the home located at 29 Scenic View Drive is $309,617.
What are some comparable homes to 29 Scenic View Drive?
There are currently no comparable homes to 29 Scenic View Drive.
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