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Newport 02878
310 Puncateest Neck Road
$540,000
● House - Off Market

310 Puncateest Neck Road

Tiverton, RI 02878
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,775 Ft²
$767,053
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Set in a rural location surrounded by tranquil farm land, this home is beautifully sited on a 1.4 acre parcel. The inviting yard with large shade trees and expansive lawns overlooking the crops, is captivating. The home has been thoughtfully cared for throughout the years by its original owner and is in move-in condition. It is a short walk past serene Nonquit Pond to historic Tiverton Four Corners for shopping, restaurants, and art galleries. The property is located within walking and biking distance to Seapowet Beach, Seapower Marsh, and Fogland Beach. A unique location to appreciate all that the South Tiverton area has to offer.
Unit Size
1,775 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$315
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
1975

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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 #72561419)

Price History

Date / Event Date Event Price
Aug 14, 2020 Sold
Premium
Sold
Sep 9, 2019 Listed by Mott & Chace Sotheby's International Realty $560,000
Listed by Mott & Chace Sotheby's International Realty

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 1,014
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 1,927
  • Gross Building Area: 3,876
  • Building Area: 1,927
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,927
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001400
  • 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: 041702

Zoning

  • Zoning: R80

Geography

  • Parcel: TIVE M:801 B:103
  • Block: 103
  • Municipality: TIVERTON
  • Latitude: 41.5717
  • Longitude: -71.2002

    Address

  • Full Address: 310 Neck Rd
  • Address - House Number: 310
  • Address - Street Name: Neck
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Tiverton
  • Carrier Code: R002
  • 4-Digit Zip Code: 4010
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $845,400

    Appraisal Valuation

  • Standard Deviation: 0.1918
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 826,652
  • High Value: 985,220
  • Low Value: 668,083

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $567,400
  • Assessed Land Value: $294,900
  • Assessed Improvements Value: $272,500

    Sales

  • Current Sale Contract Date: Aug 11, 2020
  • Current Sale Recording Date: Aug 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2515
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:

$559,900

Sale Price/ft²

$375

Below Asking

0.03%

Average Days on Market

64

Average Home Size

2714 ft²

Average Home Age

53.7 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: 4 months ago
Data Source: MLS PIN, MLS# 72561419

Frequently Asked Questions

When was property at 310 Neck Road built and last sold?
The property at 310 Neck Road was built in 1975 and last sold on Aug 11, 2020 for $540,000.
How much is this home worth?
The estimated value of the home located at 310 Neck Road is $568,956.
What are some comparable homes to 310 Neck Road?
There are currently no comparable homes to 310 Neck Road.
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