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Newport
35 W Main Rd
$302,500
● House - Off Market

35 W Main Rd

Little Compton, RI 02837
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,680 Ft²
$537,935
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Amazing Location in this immaculately maintained home! Home features first floor living with kitchen, dining area, living room, master bedroom, full bath and beautiful wrap around deck. Lower level has a second bedroom, sitting area, bathroom, laundry and walk out patio with outdoor shower. This is the perfect beach house with nothing to do but enjoy the area amenities. Easy access to Fogland Beach, Town Landing, Sakonnet Point, South Shore Beach and Town Commons.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$190
Property Type
House
Property Taxes
$126
HOA Dues
-
Year Built
1950

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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 #72004095)

Price History

Date / Event Date Event Price
Oct 21, 2016 Sold
Premium
Sold
May 12, 2016 Listed by Keller Williams Realty of Newport $319,000
Listed by Keller Williams Realty of Newport
Aug 11, 1995 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 16
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,080
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,080
  • Gross Building Area: 3,288
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Little Compton School District
  • School Tax School District: LITTLE CMPTN SD
  • Census Tract: 041400

Geography

  • Account Number: 20-0201-00
  • Parcel: LCOM M:1 L:71
  • Lot: 71
  • Municipality: LITTLE COMPTON
  • Latitude: 41.5466
  • Longitude: -71.1986

    Address

  • Full Address: 35 W Main Rd
  • Address - House Number: 35
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Little Compton
  • Carrier Code: R003
  • 4-Digit Zip Code: 1357
  • Zip Code: 02837

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $177,200

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 75
  • Final Value: 525,331
  • High Value: 622,530
  • Low Value: 428,133

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,300
  • Assessed Land Value: $157,000
  • Assessed Improvements Value: $200,300

    Sales

  • Current Sale Recording Date: Oct 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 782
  • Previous Sale Recording Date: Aug 11, 1995
  • Previous Sale Amount: $107,000
  • 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:

$559,900

Sale Price/ft²

$375

Below Asking

0.03%

Average Days on Market

72

Average Home Size

2624 ft²

Average Home Age

59 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72004095

Frequently Asked Questions

When was property at 35 West Main Road built and last sold?
The property at 35 West Main Road was built in 1950 and last sold on Jan 1, 1970 for $302,500.
How much is this home worth?
The estimated value of the home located at 35 West Main Road is $337,550.
What are some comparable homes to 35 West Main Road?
There are currently no comparable homes to 35 West Main Road.
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