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Providence
43 Florence St
$198,555
● House - Off Market

43 Florence St

North Smithfield, RI 02896
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,760 Ft²
$407,618
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Affordable North Smithfield Colonial home featuring 7 Rms/3 Br/1.5 Ba with 1,760 Sq Ft of living space.  Open floor plan with large living & dining area, spacious kitchen & dining area, large bedrooms, full basement and in good condition.  There is a nice size private yard, 2 car garage, large .68 acre lot, home located on a dead end street, convenient location and quiet rural setting.  Affordable home and priced to go!   Property placed in upcoming online marketing event.  All bids take 3 days to respond & there is a 5% Buyers Premium. Greenlight Loans Pre-qual with all financed offers. Call Agent for More Info.
Unit Size
1,760 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$142
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1950

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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 #72128098)

Price History

Date / Event Date Event Price
Aug 2, 2017 Sold
Premium
Sold
Apr 10, 2017 Sold
Premium
Sold
Mar 8, 2017 Listed by Carrington Real Estate Services, LLC $250,000
Listed by Carrington Real Estate Services, LLC

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 7
  • Basement Area: 932
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,577
  • Total Building Area: 1,760
  • Gross Building Area: 2,948
  • Building Area: 1,760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,760
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000679
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Smithfield School District
  • School Tax School District: NO SMITHFLD PS
  • Census Tract: 012801

Zoning

  • Zoning: RU

Geography

  • Account Number: 3933
  • Parcel: NSMI M:0001 L:0101
  • Lot: 101
  • Municipality: NORTH SMITHFIELD
  • Latitude: 42.008
  • Longitude: -71.5835

    Address

  • Full Address: 43 Florence St
  • Address - House Number: 43
  • Address - Street Name: Florence
  • Address - Suffix Type: St
  • State: RI
  • City Name: North Smithfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 7636
  • Zip Code: 02896

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $481,100

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 483,640
  • High Value: 567,415
  • Low Value: 399,865

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $337,600
  • Assessed Land Value: $92,200
  • Assessed Improvements Value: $245,400

    Sales

  • Current Sale Recording Date: Aug 02, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 10, 2017
  • Previous Sale Amount: $198,555
  • Previous Sale Document Type: O
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 Providence

Stats & Trends

Median Asking:

$495,000

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2576 ft²

Average Home Age

67.9 years

Currently For Sale

107 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: 5 months ago
Data Source: MLS PIN, MLS# 72128098

Frequently Asked Questions

When was property at 43 Florence Street built and last sold?
The property at 43 Florence Street was built in 1950 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 43 Florence Street is $262,059.
What are some comparable homes to 43 Florence Street?
There are currently no comparable homes to 43 Florence Street.
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