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Newport 02878
43 Pershing Ave
$179,900
● House - Off Market

43 Pershing Ave

Tiverton, RI 02878
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,516 Ft²
$334,388
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Remodel in progress. Pretty and roomy home with large yard. Family room w/wood stove and sliders to deck. Big garage with doors on front and back. Updated kitchen & baths, new wood floors, carpets.
Unit Size
1,516 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$119
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1945

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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: 4 months ago (MLSPIN #71663959)

Price History

Date / Event Date Event Price
Dec 28, 2018 Sold
Premium
Sold
Oct 11, 2018 No longer available -
No longer available
Sep 26, 2018 Listed by Dan Saffer $284,900
Listed by Dan Saffer
May 30, 2014 Sold
Premium
Sold
Apr 21, 2014 Listed by Dan Saffer $179,900
Listed by Dan Saffer

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 672
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 16,858
  • Total Building Area: 1,501
  • Gross Building Area: 2,968
  • Building Area: 1,501
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,501
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000387
  • 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: 041702

Zoning

  • Zoning: R80

Geography

  • Parcel: TIVE M:515 B:216
  • Block: 216
  • Municipality: TIVERTON
  • Latitude: 41.6173
  • Longitude: -71.1434

    Address

  • Full Address: 43 Pershing Ave
  • Address - House Number: 43
  • Address - Street Name: Pershing
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Tiverton
  • Carrier Code: R005
  • 4-Digit Zip Code: 2628
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $430,300

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 68
  • Final Value: 451,932
  • High Value: 555,404
  • Low Value: 348,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,800
  • Assessed Land Value: $108,000
  • Assessed Improvements Value: $180,800

    Sales

  • Current Sale Contract Date: Dec 28, 2018
  • Current Sale Recording Date: Dec 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3369
  • Previous Sale Recording Date: May 30, 2014
  • Previous Sale Amount: $170,000
  • 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 Newport

Stats & Trends

Median Asking:

$559,900

Sale Price/ft²

$375

Below Asking

0.03%

Average Days on Market

64

Average Home Size

2714 ft²

Average Home Age

53.7 years

Currently For Sale

21 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: 4 months ago
Data Source: MLS PIN, MLS# 71663959

Frequently Asked Questions

When was property at 43 Pershing Avenue built and last sold?
The property at 43 Pershing Avenue was built in 1945 and last sold on Dec 28, 2018 for $284,900.
How much is this home worth?
The estimated value of the home located at 43 Pershing Avenue is $297,340.
What are some comparable homes to 43 Pershing Avenue?
There are currently no comparable homes to 43 Pershing Avenue.
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