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Newport 02878
300 Hurst Lane
Photo of 300 Hurst Lane
Sold on May 1, 2025

19

Map

Photo of 300 Hurst Lane
Photo of 300 Hurst Lane
$479,900
● House - Off Market

300 Hurst Lane

Tiverton, RI 02878
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,185 Ft²
$2,648
Est. Monthly
4.19%
Cap Rate

About This Property

This charming cape set on just over half an acre just needs your furniture! The bright & modern kitchen is fully equipped with appliances & ample cabinetry, cathedral ceilings with a skylight & a slider leading to the large private back deck. Featuring gleaming hardwood floors throughout, a good sized full bath & a first floor bedroom! Up the oak staircase you'll find 2 sunny bedrooms with skylights & beautiful hardwoods. This home has been freshly painted & well cared for. Peaceful privacy awaits in the back yard surrounded by woods & wildlife. Other features include an over sized detached garage with work shop area, newer septic, central air unit & heating system.
Unit Size
1,185 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$405
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1900

Payment Calculator

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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 #73335209)

Price History

Date / Event Date Event Price
May 1, 2025 Sold
Premium
Sold
Apr 14, 2025 In contract -
In contract
Apr 13, 2025 Price Decreased $479,900
↓ $10K (2%)
Price Decreased
Mar 15, 2025 Price Decreased $489,900
↓ $9K (1.8%)
Price Decreased
Mar 10, 2025 Price Decreased $499,000
↓ $900 (0.2%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 855
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,998
  • Total Building Area: 1,185
  • Gross Building Area: 2,991
  • Building Area: 1,185
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,185
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000505
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Middletown School District
  • School Tax School District: TIVERTON SD
  • Census Tract: 041701

Zoning

  • Zoning: R60

Geography

  • Parcel: TIVE M:202 B:135
  • Block: 135
  • Municipality: TIVERTON
  • Latitude: 41.6604
  • Longitude: -71.1426

    Address

  • Full Address: 300 Hurst Ln
  • Address - House Number: 300
  • Address - Street Name: Hurst
  • Address - Suffix Type: Ln
  • State: RI
  • City Name: Tiverton
  • Carrier Code: R006
  • 4-Digit Zip Code: 2318
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $333,900

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 342,191
  • High Value: 398,351
  • Low Value: 286,031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,100
  • Assessed Land Value: $95,100
  • Assessed Improvements Value: $129,000

    Sales

  • Current Sale Recording Date: Apr 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Current Sale Input Document Number: 777
  • Previous Sale Recording Date: Oct 21, 1994
  • Previous Sale Amount: $88,500
  • 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 Newport

Stats & Trends

Median Asking:

$577,450

Sale Price/ft²

$377

Below Asking

0.03%

Average Days on Market

72

Average Home Size

2573 ft²

Average Home Age

54.1 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73335209

Frequently Asked Questions

When was property at 300 Hurst Lane built and last sold?
The property at 300 Hurst Lane was built in 1900 and last sold on Jan 1, 1970 for $170,000.
How much is this home worth?
The estimated value of the home located at 300 Hurst Lane is $458,352.
What are some comparable homes to 300 Hurst Lane?
There are currently no comparable homes to 300 Hurst Lane.
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