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Woonsocket 02895
331 Olive St
$225,000
● House - Off Market

331 Olive St

Woonsocket, RI 02895
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,079 Ft²
$312,675
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Buyers look no further than this meticulously well kept 3-4 bedroom cape/bungalow with updated kitchen and bath, cherry cabinets, hardwoods throughout, new roof, newer windows, granite counters, two-zone heating, upgraded electric 150 amps, Spacious fenced in yard with shed for extra storage and so much more!
Unit Size
1,079 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$204
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72626041)

Price History

Date / Event Date Event Price
May 22, 2023 Sold
Premium
Sold
May 2, 2023 No longer available -
No longer available
Apr 18, 2023 In contract -
In contract
Apr 10, 2023 Listed by Dream Living Realty LLC $299,900
Listed by Dream Living Realty LLC
This lovely home is conveniently located, close to restaurants, shopping, parks, and fantastic schools. A clean and homey feel. Beautiful wrap around front porch on the outside with a huge, entirely enclosed back yard. Inside features spacious rooms. Beautiful granite eat in kitchen. Brand new boiler Won't last, call today for your private showing. The manager has listed the unit size as 1079 square feet.
Oct 12, 2022 No longer available -
No longer available
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • 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: 899
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,240
  • Total Building Area: 1,079
  • Gross Building Area: 3,298
  • Building Area: 1,079
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,079
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000212
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Woonsocket School District
  • School Tax School District: WOONSOCKET SD
  • Census Tract: 018500

Zoning

  • Zoning: R2

Geography

  • Account Number: 20247300
  • Parcel: WOON M:45A L:66 U:14
  • Lot: 66
  • Municipality: WOONSOCKET
  • Latitude: 41.985
  • Longitude: -71.4827

    Address

  • Full Address: 331 Olive St
  • Address - House Number: 331
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: RI
  • City Name: Woonsocket
  • Carrier Code: C010
  • 4-Digit Zip Code: 6753
  • Zip Code: 02895

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $309,200

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 72
  • Final Value: 338,745
  • High Value: 408,345
  • Low Value: 269,144

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,200
  • Assessed Land Value: $87,200
  • Assessed Improvements Value: $134,000

    Sales

  • Current Sale Contract Date: May 19, 2023
  • Current Sale Recording Date: May 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 227713
  • Previous Sale Recording Date: Apr 23, 2020
  • Previous Sale Contract Date: Apr 20, 2020
  • Previous Sale Amount: $225,000
  • 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 Woonsocket

Stats & Trends

Median Asking:

$409,950

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

70

Average Home Size

2337 ft²

Average Home Age

76.9 years

Currently For Sale

23 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# 72626041

Frequently Asked Questions

When was property at 331 Olive Street built and last sold?
The property at 331 Olive Street was built in 1930 and last sold on May 19, 2023 for $330,000.
How much is this home worth?
The estimated value of the home located at 331 Olive Street is $299,815.
What are some comparable homes to 331 Olive Street?
There are currently no comparable homes to 331 Olive Street.
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