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Newport 02878
3152 Main Rd
$542,000
● House - Off Market

3152 Main Rd

Tiverton, RI 02878
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,428 Ft²
$906,127
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Sir Isaac Brown House, (circa 1870). Stunning and spacious home with approx 2500 sq ft of living space. Completely renovated in 2014 w/ high-end finishes, period details, crown molding, central air and hardwood floors/tile throughout. Gourmet kitchen w/granite and quartz, custom cabinetry, top-of-line appliances. 9 rooms include family/TV room, formal living room, office/playroom, formal dining, 4 bedrooms & 2.5 baths. Large master with ensuite bathroom & walk-in closet, wrap-around porch, peaceful, country setting. Tons of storage throughout! This incredible home is HGTV worthy and can be purchased fully furnished at additional cost. Offered at $599,000.
Unit Size
2,428 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$247
Property Type
House
Property Taxes
$711
HOA Dues
-
Year Built
1875

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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 #72348190)

Price History

Date / Event Date Event Price
Jan 31, 2022 Sold
Premium
Sold
Aug 30, 2018 Sold
Premium
Sold
Jun 18, 2018 Listed by Cheryl Darnbrough Real Estate $599,000
Listed by Cheryl Darnbrough Real Estate
Aug 15, 2014 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1875
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 27
  • 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: 9
  • Basement Area: 1,240
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,918
  • Total Building Area: 2,428
  • Gross Building Area: 5,060
  • Building Area: 2,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000595
  • 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:406 B:111
  • Block: 111
  • Municipality: TIVERTON
  • Latitude: 41.5936
  • Longitude: -71.1943

    Address

  • Full Address: 3152 Main Rd
  • Address - House Number: 3152
  • Address - Street Name: Main
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Tiverton
  • Carrier Code: R004
  • 4-Digit Zip Code: 4749
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $885,500

    Appraisal Valuation

  • Standard Deviation: 0.2395
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 66
  • Final Value: 800,283
  • High Value: 991,970
  • Low Value: 608,595

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $594,300
  • Assessed Land Value: $101,300
  • Assessed Improvements Value: $493,000

    Sales

  • Current Sale Contract Date: Jan 31, 2022
  • Current Sale Recording Date: Jan 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 334
  • Previous Sale Recording Date: Aug 30, 2018
  • Previous Sale Amount: $542,000
  • 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 Newport

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$375

Below Asking

0.03%

Average Days on Market

72

Average Home Size

2508 ft²

Average Home Age

55.1 years

Currently For Sale

22 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# 72348190

Frequently Asked Questions

When was property at 3152 Main Road built and last sold?
The property at 3152 Main Road was built in 1875 and last sold on Jan 31, 2022 for $700,000.
How much is this home worth?
The estimated value of the home located at 3152 Main Road is $616,922.
What are some comparable homes to 3152 Main Road?
There are currently no comparable homes to 3152 Main Road.
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