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37 Martins Way
$267,500
● House - Off Market

37 Martins Way

Lincoln, RI 02865
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,112 Ft²
$542,484
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

EXPANDED CAPE WITH A BEAUTIFUL 18X25 FOOT GREAT ROOM.  FRENCH DOORS LEAD TO AN OVERSIZED DECK.  GOOD SIZED DINING ROOM WHICH FLOWS INTO THE GREAT ROOM. LARGE MASTER PUS 2 MORE BEDROOMS UPSTAIRS. IT IS CERTAINLY NOT YOUR AVERAGE CAPE STYLE.  OFFICE ON FIRST FLOOR.  PERFECT FENCED IN BACKYARD.  GREAT FLOOR PLAN. SELLER WILL ENTERTAIN OFFERS BETWEEN $250-275K
Unit Size
2,112 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$118
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
1952

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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: 5 years ago (MLSPIN #71319383)

Price History

Date / Event Date Event Price
May 1, 2012 Sold
Premium
Sold
Dec 14, 2011 Listed by Century 21 Stachurski Agency $250,000
Listed by Century 21 Stachurski Agency

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 9
  • Basement Area: 1,170
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Total Building Area: 2,112
  • Gross Building Area: 4,065
  • Building Area: 2,112
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,112
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lincoln School District
  • School Tax School District: LINCOLN PS
  • Census Tract: 011600

Zoning

  • Zoning: RS12

Geography

  • Account Number: 5-02545-32
  • Parcel: LINC M:23 L:037.0 U:
  • Lot: 37.0
  • Municipality: LINCOLN
  • Latitude: 41.9275
  • Longitude: -71.4355

    Address

  • Full Address: 37 Martins Way
  • Address - House Number: 37
  • Address - Street Name: Martins
  • Address - Suffix Type: Way
  • State: RI
  • City Name: Lincoln
  • Carrier Code: R004
  • 4-Digit Zip Code: 1303
  • Zip Code: 02865

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $398,082

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 78
  • Final Value: 490,500
  • High Value: 572,552
  • Low Value: 408,448

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $372,300
  • Assessed Land Value: $123,300
  • Assessed Improvements Value: $249,000
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:

$499,000

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2487 ft²

Average Home Age

67.6 years

Currently For Sale

104 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 years ago
Data Source: MLS PIN, MLS# 71319383

Frequently Asked Questions

When was property at 37 Martin's Way built and last sold?
The property at 37 Martin's Way was built in 1952 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 37 Martin's Way is $270,724.
What are some comparable homes to 37 Martin's Way?
There are currently no comparable homes to 37 Martin's Way.
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