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33 Tom Lee Drive
$300,000
● House - Off Market

33 Tom Lee Drive

North Smithfield, RI 02896
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,088 Ft²
$689,017
RealtyHop Estimate
118.74%
Since Feb 1, 2004
National-US
Primary Model

About This Property

LOVELY RAISED RANCH ON CUL DE SAC. NEW CARPET, VINYL, DISHWASHER. REFRIGERATOR 6MO. OLD. JEN-AIR STOVE, MICROWAVE FULL IN-LAW IN LOWER LEVEL. SCREENED PORCH, PATIO
Unit Size
3,088 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$102
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1977

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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 #30777758)

Price History

Date / Event Date Event Price
May 7, 2018 Sold
Premium
Sold
Feb 2, 2004 Sold
Premium
Sold
Oct 8, 2003 Listed by Classic Properties REALTORS® $315,000
Listed by Classic Properties REALTORS®

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,456
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 2

    Dimensions

  • Lot Size Square Feet: 39,988
  • Total Building Area: 1,488
  • Gross Building Area: 3,256
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Smithfield School District
  • School Tax School District: NO SMITHFLD PS
  • Census Tract: 012803

Zoning

  • Zoning: RA

Geography

  • Account Number: 3187
  • Parcel: NSMI M:0015 L:0196
  • Lot: 196
  • Municipality: NORTH SMITHFIELD
  • Latitude: 41.9569
  • Longitude: -71.5562

    Address

  • Full Address: 33 Tom Lee Dr
  • Address - House Number: 33
  • Address - Street Name: Tom Lee
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: North Smithfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 9594
  • Zip Code: 02896

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $584,000

    Appraisal Valuation

  • Standard Deviation: 0.1699
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 78
  • Final Value: 544,686
  • High Value: 637,229
  • Low Value: 452,143

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,800
  • Assessed Land Value: $108,000
  • Assessed Improvements Value: $301,800

    Sales

  • Current Sale Recording Date: May 07, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Feb 02, 2004
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 27
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

62

Average Home Size

2463 ft²

Average Home Age

69.6 years

Currently For Sale

96 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# 30777758

Frequently Asked Questions

When was property at 33 Tom Lee Drive built and last sold?
The property at 33 Tom Lee Drive was built in 1977 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 33 Tom Lee Drive is $343,142.
What are some comparable homes to 33 Tom Lee Drive?
There are currently no comparable homes to 33 Tom Lee Drive.
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