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Tiverton 02878
414 Riverside Drive
$410,000
● House - Off Market

414 Riverside Drive

Tiverton, RI 02878
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,404 Ft²
$857,730
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Vivid sunsets over the Sakonnet River and Mt Hope Bay! One of the benefits of living in this nearly-new custom colonial with lots of light. Sparkling white kitchen with stainless appliances, dining area, spacious living room, & a lavette with a laundry area. Upper level has 2 large bedrooms, ample closets, full bath. A family room in basement. Decorated in a soft color pallette. AC, security, emergency generator. Nicely landscaped with perennials. But it's the porch with the waterviews that will keep drawing your attention back.....to the sailboats, the seabirds, and the peaceful sound of waves. A wonderful place to call "home."
Unit Size
1,404 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$327
Property Type
House
Property Taxes
$511
HOA Dues
-
Year Built
2008

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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 #71704541)

Price History

Date / Event Date Event Price
Dec 3, 2014 Sold
Premium
Sold
Jun 25, 2014 Listed by RE/MAX Right Choice $459,000
Listed by RE/MAX Right Choice

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 7
  • Basement Area: 626
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,968
  • Total Building Area: 1,398
  • Gross Building Area: 2,494
  • Building Area: 1,398
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,398
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000137
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Tiverton School District
  • School Tax School District: TIVERTON SD
  • Census Tract: 041602

Zoning

  • Zoning: R40

Geography

  • Parcel: TIVE M:301 B:105
  • Block: 105
  • Municipality: TIVERTON
  • Latitude: 41.6448
  • Longitude: -71.2094

    Address

  • Full Address: 414 Riverside Dr
  • Address - House Number: 414
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Tiverton
  • Carrier Code: C005
  • 4-Digit Zip Code: 4211
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $706,300

    Appraisal Valuation

  • Standard Deviation: 0.2241
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 69
  • Final Value: 759,577
  • High Value: 929,842
  • Low Value: 589,312

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $474,000
  • Assessed Land Value: $274,100
  • Assessed Improvements Value: $199,900

    Sales

  • Current Sale Recording Date: Dec 03, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2803
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 Tiverton

Stats & Trends

Median Asking:

$459,900

Sale Price/ft²

$357

Below Asking

0.02%

Average Days on Market

46

Average Home Size

2933 ft²

Average Home Age

84.5 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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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71704541

Frequently Asked Questions

When was property at 414 Riverside Drive built and last sold?
The property at 414 Riverside Drive was built in 2008 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 414 Riverside Drive is $456,015.
What are some comparable homes to 414 Riverside Drive?
There are currently no comparable homes to 414 Riverside Drive.
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