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Bristol
41 Ridge
$600,000
● House - Off Market

41 Ridge

Bristol, RI 02809
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,626 Ft²
$1,474,972
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Bristol Highlands Beauty!  Authentically renovated craftsman style home sits gracefully on corner lot in one of Bristol's oldest waterfront communites. Optional Association with deeded beach rights, dock, and tennis court!  Being located on the west side lends to spectacular sunsets and easy access to the East Bay Bikepath and Downtown restaurants and shops!  Home includes cook's kitchen with custom cherry cabinets, two porches, two fireplaces, replacement Pella windows, central air-conditioning
Unit Size
2,626 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$261
Property Type
House
Property Taxes
$705
HOA Dues
$450
Year Built
1921

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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 #71386927)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Jun 25, 2012 Sold
Premium
Sold
Jul 1, 2011 Listed by Coldwell Banker Residential Brokerage $685,000
Listed by Coldwell Banker Residential Brokerage
Mar 24, 2000 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,760
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,951
  • Total Building Area: 5,307
  • Gross Building Area: 10,764
  • Building Area: 5,307
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,307
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001055
  • 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: 030902

Zoning

  • Zoning: R-20

Geography

  • Account Number: 4547
  • Parcel: BRIS M:73 L:10
  • Lot: 10
  • Municipality: BRISTOL
  • Latitude: 41.6948
  • Longitude: -71.2877

    Address

  • Full Address: 41 Ridge Rd
  • Address - House Number: 41
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Bristol
  • Carrier Code: C006
  • 4-Digit Zip Code: 1355
  • Zip Code: 02809

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,061,600

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 77
  • Final Value: 2,034,599
  • High Value: 2,390,991
  • Low Value: 1,678,207

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,543,100
  • Assessed Land Value: $300,300
  • Assessed Improvements Value: $1,242,800

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12946
  • Previous Sale Recording Date: Jun 25, 2012
  • Previous Sale Amount: $600,000
  • 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 Bristol

Stats & Trends

Median Asking:

$627,389

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2101 ft²

Average Home Age

64.9 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# 71386927

Frequently Asked Questions

When was property at 41 Ridge Road built and last sold?
The property at 41 Ridge Road was built in 1921 and last sold on Sep 30, 2021 for $1,595,000.
How much is this home worth?
The estimated value of the home located at 41 Ridge Road is $703,372.
What are some comparable homes to 41 Ridge Road?
There are currently no comparable homes to 41 Ridge Road.
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