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Newport 02878
30 Briggs Lane
$245,000
● House - Off Market

30 Briggs Lane

Tiverton, RI 02878
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,328 Ft²
$366,030
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Well maintained ranch located in Tiverton RI. Built in 1967, this 2 Bedroom 1 Bathroom home, also offers a Living room, dining room, office, kitchen, 960 Sqft Basement, 2 Sheds, and a charming .23 acre yard that comes alive in the spring! This home is located on Briggs Lane, off of Stafford Road in Tiverton just minutes from gas, food, shopping, casino, and highway access! All info supplied by the owner, public record or a third party. The broker has not verified. It is recommended buyer independently verify all information.
Unit Size
1,328 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$188
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1967

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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 #72474458)

Price History

Date / Event Date Event Price
Jun 14, 2019 Sold
Premium
Sold
Apr 1, 2019 Listed by Safe Harbor Realty $249,000
Listed by Safe Harbor Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,328
  • Gross Building Area: 2,524
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 041701

Zoning

  • Zoning: R60

Geography

  • Parcel: TIVE M:209 B:110
  • Block: 110
  • Municipality: TIVERTON
  • Latitude: 41.6466
  • Longitude: -71.1485

    Address

  • Full Address: 30 Briggs Ln
  • Address - House Number: 30
  • Address - Street Name: Briggs
  • Address - Suffix Type: Ln
  • State: RI
  • City Name: Tiverton
  • Carrier Code: R001
  • 4-Digit Zip Code: 2406
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $354,300

    Appraisal Valuation

  • Standard Deviation: 0.2478
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 65
  • Final Value: 351,819
  • High Value: 439,007
  • Low Value: 264,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,800
  • Assessed Land Value: $92,300
  • Assessed Improvements Value: $145,500

    Sales

  • Current Sale Contract Date: May 17, 2019
  • Current Sale Recording Date: Jun 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1445
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 Newport

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$375

Below Asking

0.03%

Average Days on Market

72

Average Home Size

2539 ft²

Average Home Age

54.4 years

Currently For Sale

21 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72474458

Frequently Asked Questions

When was property at 30 Briggs Lane built and last sold?
The property at 30 Briggs Lane was built in 1967 and last sold on May 17, 2019 for $245,000.
How much is this home worth?
The estimated value of the home located at 30 Briggs Lane is $261,392.
What are some comparable homes to 30 Briggs Lane?
There are currently no comparable homes to 30 Briggs Lane.
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