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Bristol
4 Milwaukee Ave
$508,000
● House - Off Market

4 Milwaukee Ave

Warren, RI 02885
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,144 Ft²
$457,423
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Welcome to a well-maintained and move-in ready Raised Ranch! This three bedroom, two full bathroom home includes over 1600 square feet of living space; perfect for the growing family. Featuring a bright and cheerful living room and large kitchen with dining space that leads out to the three-season room. Enjoy summer days in the young above ground pool! Boasting hardwoods, gas heat, alarm system and central air. Located in East Warren near the Massachusetts line for an easy commute to Rt. 195.
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$402
Property Type
House
Property Taxes
$474
HOA Dues
-
Year Built
1971

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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: 5 months ago (MLSPIN #73133367)

Price History

Date / Event Date Event Price
Aug 15, 2023 Sold
Premium
Sold
Jul 12, 2023 In contract -
In contract
Jul 7, 2023 Listed by RE/MAX River's Edge $460,000
Listed by RE/MAX River's Edge

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,584
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,049
  • Total Building Area: 1,144
  • Gross Building Area: 3,320
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bristol-Warren Regional School District
  • School Tax School District: BRSTLWARRN RGNL
  • Census Tract: 030601

Zoning

  • Zoning: R10

Geography

  • Account Number: 6-0290-00
  • Parcel: WARR M:20 L:138
  • Lot: 138
  • Municipality: WARREN
  • Latitude: 41.7332
  • Longitude: -71.2533

    Address

  • Full Address: 4 Milwaukee Ave
  • Address - House Number: 4
  • Address - Street Name: Milwaukee
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Warren
  • Carrier Code: R001
  • 4-Digit Zip Code: 1113
  • Zip Code: 02885

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $535,100

    Appraisal Valuation

  • Standard Deviation: 0.1079
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 89
  • Final Value: 465,018
  • High Value: 515,203
  • Low Value: 414,832

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $391,700
  • Assessed Land Value: $160,100
  • Assessed Improvements Value: $231,600

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Aug 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 34188
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 Bristol

Stats & Trends

Median Asking:

$627,389

Sale Price/ft²

$391

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2305 ft²

Average Home Age

70 years

Currently For Sale

7 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: 5 months ago
Data Source: MLS PIN, MLS# 73133367

Frequently Asked Questions

When was property at 4 Milwaukee Avenue built and last sold?
The property at 4 Milwaukee Avenue was built in 1971 and last sold on Aug 15, 2023 for $508,000.
How much is this home worth?
The estimated value of the home located at 4 Milwaukee Avenue is $469,300.
What are some comparable homes to 4 Milwaukee Avenue?
There are currently no comparable homes to 4 Milwaukee Avenue.
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