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Warwick 02889
398 Pequot Avenue
$180,000
● House - Off Market

398 Pequot Avenue

Warwick, RI 02889
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,200 Ft²
$292,912
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Remodeled 2-3 bed 1 & 1/2 bath. Open floor plan with new kitchen cabinets and designer counter tops! S/S appliances. Updated bathroom with tile floor and shower. Move in ready walk to water! No flood insurance required!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$154
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1900

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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 #72235379)

Price History

Date / Event Date Event Price
Dec 19, 2017 Sold
Premium
Sold
Sep 28, 2017 Listed by Dan Saffer $184,900
Listed by Dan Saffer
Nov 22, 2016 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 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: 3,049
  • Total Building Area: 1,200
  • Gross Building Area: 1,794
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000070
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Warwick School District
  • School Tax School District: WARWICK PS
  • Census Tract: 021700

Zoning

  • Zoning: A7

Geography

  • Account Number: 700020692
  • Parcel: WARW M:376 B:0205 L:0000
  • Block: 205
  • Municipality: WARWICK
  • Latitude: 41.6889
  • Longitude: -71.3963

    Address

  • Full Address: 398 Pequot Ave
  • Address - House Number: 398
  • Address - Street Name: Pequot
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Warwick
  • Carrier Code: C020
  • 4-Digit Zip Code: 9521
  • Zip Code: 02889

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $332,000

    Appraisal Valuation

  • Standard Deviation: 0.2706
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 61
  • Final Value: 328,789
  • High Value: 417,765
  • Low Value: 239,813

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,000
  • Assessed Land Value: $74,600
  • Assessed Improvements Value: $159,400

    Sales

  • Current Sale Recording Date: Dec 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18919
  • Previous Sale Recording Date: Nov 22, 2016
  • Previous Sale Amount: $83,000
  • Previous Sale Document Type: 34
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 Warwick

Stats & Trends

Median Asking:

$462,450

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1551 ft²

Average Home Age

131 years

Currently For Sale

4 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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Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72235379

Frequently Asked Questions

When was property at 398 Pequot Avenue built and last sold?
The property at 398 Pequot Avenue was built in 1900 and last sold on Jan 1, 1970 for $180,000.
How much is this home worth?
The estimated value of the home located at 398 Pequot Avenue is $200,737.
What are some comparable homes to 398 Pequot Avenue?
There are currently no comparable homes to 398 Pequot Avenue.
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