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Woonsocket 02895
38 Ballou Street
Photo of 38 Ballou Street
Sold on Oct 15, 2009

1

Map

$264,000
● House - Off Market

38 Ballou Street

Woonsocket, RI 02895
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,581 Ft²
$564,893
RealtyHop Estimate
110.00%
Since Nov 1, 2009
National-US
Primary Model

About This Property

STEP BACK IN TIME IN THE GRAND VICTORIAN, MELLVILLE ROBINSON HOME BUILT IN 1900. SHOWCASING THE WORKMANSHIP OF THE ERA IN STUNNING DETAIL. DOUBLE PARLOR, FORMAL DINING, MAHOGANY LIBRARY & MORE. CLASSIFIED AS A 2 FAMILY. CURRENT OWNERS HAVE CONVERTED IT TO A 1 FAMILY.
Unit Size
3,581 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$75
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1900

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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 #70949727)

Price History

Date / Event Date Event Price
Jul 26, 2013 Sold
Premium
Sold
Oct 15, 2009 Sold
Premium
Sold
Jul 20, 2009 Listed $269,000
Listed

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,480
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,019
  • Total Building Area: 3,581
  • Gross Building Area: 7,992
  • Building Area: 3,581
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,581
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000391
  • 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: 017500

Zoning

  • Zoning: R3

Geography

  • Account Number: 400592
  • Parcel: WOON M:10L L:385 U:14
  • Lot: 385
  • Municipality: WOONSOCKET
  • Latitude: 41.9933
  • Longitude: -71.525

    Address

  • Full Address: 38 Ballou St
  • Address - House Number: 38
  • Address - Street Name: Ballou
  • Address - Suffix Type: St
  • State: RI
  • City Name: Woonsocket
  • Carrier Code: C022
  • 4-Digit Zip Code: 5107
  • Zip Code: 02895

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $654,400

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 563,085
  • High Value: 657,715
  • Low Value: 468,455

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $468,100
  • Assessed Land Value: $97,200
  • Assessed Improvements Value: $370,900

    Sales

  • Current Sale Recording Date: Jul 26, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Oct 15, 2009
  • Previous Sale Amount: $264,000
  • 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 Woonsocket

Stats & Trends

Median Asking:

$407,450

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2389 ft²

Average Home Age

80.1 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70949727

Frequently Asked Questions

When was property at 38 Ballou Street built and last sold?
The property at 38 Ballou Street was built in 1900 and last sold on Jan 1, 1970 for $197,000.
How much is this home worth?
The estimated value of the home located at 38 Ballou Street is $301,173.
What are some comparable homes to 38 Ballou Street?
There are currently no comparable homes to 38 Ballou Street.
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