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Cranston 02920
38 Harris Ave
$157,500
● House - Off Market

38 Harris Ave

Cranston, RI 02920
bedrooms
2 Beds
bathrooms
1 Bath
square feet
792 Ft²
$242,382
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Here is a charming cottage style home with an updated kitchen and bathroom with radiant heat floor. Hardwood floors on the main level with two bedrooms upstairs. There is a full basement with laundry with exterior access only. The yard is fenced in and there is off street parking for two cars. Don't pay rent when you can own a your own home.
Unit Size
792 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$202
Property Type
House
Property Taxes
$181
HOA Dues
-
Year Built
1920

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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: 6 months ago (MLSPIN #72324151)

Price History

Date / Event Date Event Price
Jul 7, 2022 Sold
Premium
Sold
Jul 25, 2018 Sold
Premium
Sold
May 8, 2018 Listed by Tri Town Associates $159,900
Listed by Tri Town Associates
Jan 17, 2017 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,140
  • Total Building Area: 792
  • Gross Building Area: 1,320
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 792
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000049
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Cranston School District
  • School Tax School District: CRANSTON PS
  • Census Tract: 014100

Geography

  • Account Number: 15057441
  • Parcel: CRAN M:7-2 L:714 U:
  • Lot: 714
  • Municipality: CRANSTON
  • Latitude: 41.7999
  • Longitude: -71.4459

    Address

  • Full Address: 38 Harris Ave
  • Address - House Number: 38
  • Address - Street Name: Harris
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Cranston
  • Carrier Code: C023
  • 4-Digit Zip Code: 5417
  • Zip Code: 02920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $295,400

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 73
  • Final Value: 280,065
  • High Value: 335,915
  • Low Value: 224,214

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,300
  • Assessed Land Value: $43,000
  • Assessed Improvements Value: $113,300

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Jul 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 84680
  • Previous Sale Recording Date: Jul 25, 2018
  • Previous Sale Amount: $157,500
  • 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 Cranston

Stats & Trends

Median Asking:

$435,000

Sale Price/ft²

$280

Below Asking

0.01%

Average Days on Market

93

Average Home Size

2634 ft²

Average Home Age

40 years

Currently For Sale

2 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

Unit for rent at 20 Kelly St, RI, 02909

$1,685 /mo

  • 1 Bed
  • 1 Bath
20 Kelly St, RI, 02909 Listing by Rick Rivera
Unit for rent at 821 Plainfield St, Other, RI, 02909

$19 /mo

  • 2 Beds
  • 1 Bath
821 Plainfield St, Other, RI, 02909 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72324151

Frequently Asked Questions

When was property at 38 Harris Avenue built and last sold?
The property at 38 Harris Avenue was built in 1920 and last sold on Jul 7, 2022 for $255,000.
How much is this home worth?
The estimated value of the home located at 38 Harris Avenue is $161,401.
What are some comparable homes to 38 Harris Avenue?
There are currently no comparable homes to 38 Harris Avenue.
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