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East Providence 02916
41 Martha Rd
$187,000
● House - Off Market

41 Martha Rd

East Providence, RI 02916
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,586 Ft²
$314,031
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

One owner home in quiet Rumford neighborhood. This cozy ranch is energy efficient and features 3 bedrooms, cathedral ceilings, central A/C, finished basement, nice back yard with a beautiful deck, large shed, and many updates. Very well maintained!
Unit Size
1,586 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$117
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1974

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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 months ago (MLSPIN #72000582)

Price History

Date / Event Date Event Price
Nov 12, 2021 Sold
Premium
Sold
Jun 20, 2016 Sold
Premium
Sold
May 5, 2016 Listed by RE/MAX ELITE $185,000
Listed by RE/MAX ELITE

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,502
  • Total Building Area: 1,461
  • Gross Building Area: 2,207
  • Building Area: 1,461
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,461
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: East Providence School District
  • School Tax School District: EAST PROVIDENCE
  • Census Tract: 010102

Zoning

  • Zoning: R4

Geography

  • Account Number: 61-1210-58
  • Parcel: EPRO M:502 B:02 L:035 U:
  • Block: 2
  • Lot: 35
  • Municipality: EAST PROVIDENCE
  • Latitude: 41.8542
  • Longitude: -71.3508

    Address

  • Full Address: 41 Martha Rd
  • Address - House Number: 41
  • Address - Street Name: Martha
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Rumford
  • Carrier Code: C007
  • 4-Digit Zip Code: 1008
  • Zip Code: 02916

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,400

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 371,705
  • High Value: 439,401
  • Low Value: 304,009

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,800
  • Assessed Land Value: $87,700
  • Assessed Improvements Value: $218,100

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202100009392
  • Previous Sale Recording Date: Jun 20, 2016
  • Previous Sale Amount: $187,000
  • 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 East Providence

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$304

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1383 ft²

Average Home Age

65.4 years

Currently For Sale

5 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72000582

Frequently Asked Questions

When was property at 41 Martha Road built and last sold?
The property at 41 Martha Road was built in 1974 and last sold on Nov 12, 2021 for $340,000.
How much is this home worth?
The estimated value of the home located at 41 Martha Road is $206,066.
What are some comparable homes to 41 Martha Road?
There are currently no comparable homes to 41 Martha Road.
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